
Zip
Founded Year
2020Stage
Series D | AliveTotal Raised
$358.13MValuation
$0000Last Raised
$190M | 9 mos agoMosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
+65 points in the past 30 days
About Zip
Zip is a procurement orchestration platform that focuses on the procurement process across various business functions. The company provides services including intake management, procure-to-pay automation, and sourcing process optimization, aimed at improving visibility, control, and efficiency in organizational spending. Zip serves sectors such as life sciences, financial services, and technology, offering solutions for startups, mid-market, and enterprise-level businesses. Zip was formerly known as Evergreen. It was founded in 2020 and is based in San Francisco, California.
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Zip's Product Videos


ESPs containing Zip
The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.
The procure-to-pay market addresses all aspects of purchasing goods and services, from procurement to payment. This market includes technology solutions to automate and streamline this process, improving efficiency, reducing costs, and minimizing the risk of errors and fraud. These platforms feature spend management capabilities, supplier onboarding and management tools, purchase order processing,…
Zip named as Challenger among 15 other companies, including Esker, AvidXchange, and Tata Consultancy Services.
Zip's Products & Differentiators
Zip Intake-to-Procure
Drive enterprise-wide purchasing policy adoption to unlock spend control and visibility. Zip Intake-to-Procure centralizes intake for any procurement request and automatically orchestrates cross-functional approvals. Make process compliance intuitive while eliminating manual collaboration from requests, approvals, and vendor onboarding with an enterprise-grade, no-code workflow platform.
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Research containing Zip
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Zip in 2 CB Insights research briefs, most recently on Dec 8, 2023.

Dec 8, 2023 report
The top 25 most successful startup accelerators
Oct 12, 2023
The procurement tech market mapExpert Collections containing Zip
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Zip is included in 4 Expert Collections, including Unicorns- Billion Dollar Startups.
Unicorns- Billion Dollar Startups
1,276 items
Fintech
9,653 items
Companies and startups in this collection provide technology to streamline, improve, and transform financial services, products, and operations for individuals and businesses.
Fintech 100
100 items
Artificial Intelligence
10,049 items
Latest Zip News
Jul 3, 2025
LiveRamp's decision-makers looked to Zip in a bid to simplify operations and position procurement as a strategic contributor to the business
Zip Frequently Asked Questions (FAQ)
When was Zip founded?
Zip was founded in 2020.
Where is Zip's headquarters?
Zip's headquarters is located at 1 Sansome Street, San Francisco.
What is Zip's latest funding round?
Zip's latest funding round is Series D.
How much did Zip raise?
Zip raised a total of $358.13M.
Who are the investors of Zip?
Investors of Zip include Y Combinator, Charles River Ventures, Alkeon Capital Management, DST Global, Adams Street Partners and 6 more.
Who are Zip's competitors?
Competitors of Zip include JustPaid and 5 more.
What products does Zip offer?
Zip's products include Zip Intake-to-Procure and 1 more.
Who are Zip's customers?
Customers of Zip include Databricks, Lattice and Canva.
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Compare Zip to Competitors

Iq Software Services specializes in IT development services within the technology sector. The company offers data analytics solutions, API development and integration, and cloud-native application development. Iq Software Services primarily caters to sectors such as healthcare, retail, finance, automotive, and independent software vendors. It was founded in 2003 and is based in Bangalore, India.

Kyriba operates within the financial technology sector and focuses on liquidity performance. Its offerings include a platform for cash and treasury management, risk management, and payment processing. Kyriba serves sectors such as finance, technology, retail, manufacturing, and insurance, targeting CFOs, treasurers, and IT leaders. It was founded in 2000 and is based in San Diego, California.

Procurify offers a procure-to-pay platform that supports purchasing and accounts payable automation. It enables organizations to manage their business spending. Procurify's solutions serve various sectors, including technology, healthcare, biotech, manufacturing, consumer packaged goods, education, charter schools, and nonprofit organizations. It was founded in 2012 and is based in Vancouver, Canada.

Stampli focuses on accounts payable automation and invoice management. It offers a range of products to provide efficiency, visibility, and control for payments, employee expenses, corporate credit card spending, and vendor management. Stampli's services are primarily utilized by sectors such as healthcare, hospitality, professional services, construction, retail, and manufacturing. The company was founded in 2014 and is based in Mountain View, California.

Trolley develops a payout platform for the Internet economy, specializing in financial technology and payment processing. The company offers a solution for managing contractor onboarding, automated payment workflows, and tax compliance, all from a single dashboard or API. Trolley's services cater to sectors including influencer marketing, music and streaming royalties, freelancer marketplaces, and more. Trolley was formerly known as Payment Rails. It was founded in 2015 and is based in Toronto, Canada.

Conta Simples provides a platform for managing corporate expense management in the financial services sector. The company issues and manages multiple corporate cards, allowing businesses to track their expenses. Conta Simples serves sectors that require financial management tools, including startups, e-commerce, digital marketing, consulting, construction, and travel industries. It was founded in 2018 and is based in Sao Paulo, Brazil.
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