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Procurement Startup Zip Announces $100 Million In New Funding At A $1.5 Billion Valuation

Zip, Ironclad Integrate Procurement, Contracting Platforms
Intake-to-procure solution provider Zip and digital contracting platform Ironclad have partnered to provide a unified, end-to-end solution to their joint customers.

Zip adds renewal features to its procurement management software
Zip today added a renewal feature to its software that provides procurement and information technology managers with advance notice on pending renewals and automated renewals of licenses and contracts.
In the news

Procurement Startup Zip Announces $100 Million In New Funding At A $1.5 Billion Valuation

How To Modernize Procurement For Modern Business Challenges
Spend visibility begins and ends with procurement, a function that has remained largely unchanged for nearly a decade.

Why Visibility and Control are Key to Reducing OpEx
Businesses are looking to cut costs in smart and impactful ways that remove unnecessary waste and improve their overall financial picture.

79% of Companies Face Challenges When Purchasing New Tech: Weekly Stat
Are the legacy workflows in purchasing processes halting growth?

1 in 3 Finance and Accounting Professionals Admit B2B Procurement Is Broken
Nearly 80% Say Their Company Faces Challenges Purchasing New Software and Services; Majority Looks to Automation to Improve Procurement Efficiency for Better Vendor Visibility and Cost Control

What’s next in fintech? Three predictions for 2023
As we head into 2023, three trends will drive the next wave of innovation in fintech: no-code, automation and user experience.
Press Releases
Zip Introduces Intake-to-Pay, the World’s First Unified Platform for Procurement
ncreases End-to-End Spend Visibility and Control to Boost Operational Efficiency, Reduce Costs and Mitigate Risk
Zip Raises $100 Million Series C at $1.5 Billion Valuation to Revolutionize Procurement
Zip, the world’s only intake-to-pay platform, today announced its $100 million Series C funding round at a $1.5 billion post-money valuation, with investment from Y Combinator, CRV and Tiger Global.