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Zip
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Zip

Modern spend approvals.

About

Founded

2020

Headquarters

San Francisco, California

Industry

Procurement

Company Description

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.

Quick Links

WebsiteJobs

Funding

Total Raised

$181 million

Valuation

$1.5 billion

Significant Investors

Y Combinator, Tiger Global Management, CRV

Company Traction

  • Zip has 100+ customers, including Coinbase, Databricks, Notion, Carta, Snowflake, Hopin, Checkr, Canva, Zapier, and Webflow.
  • As of May 2023, $937 million in total savings has been tracked through Zip, and nearly $1 billion gets approved from customers monthly.

Leadership Team

  • Rujul Zaparde: Co-Founder & CEO of Zip. Former Product Manager, Trips & Search at Airbnb.
  • Lu Cheng: Co-Founder & CTO of Zip. Former Head of Engineering, Airbnb Experiences at Airbnb.
  • Ed Sawma: VP of Marketing at Zip. Former VP of Operations & Marketing at Transposit.

Press

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