Zip

Zip is an AI-powered procurement orchestration platform that helps businesses simplify and accelerate the way they purchase goods and services. Founded in 2020, the company was created to modernize enterprise procurement, replacing fragmented and outdated processes with a more intuitive, automated approach to managing business spend.

At the center of Zip’s platform is intake-to-procure, which provides a single, user-friendly entry point for employees to submit purchasing and supplier requests. Zip automatically collects the necessary information, routes requests to the appropriate stakeholders, and orchestrates workflows across procurement, finance, legal, security, and other teams. This helps organizations improve policy adoption, increase visibility into spend, and reduce delays and manual work.

Zip extends beyond procurement intake with capabilities spanning the broader purchasing lifecycle, including procure-to-pay, supplier onboarding, sourcing, risk orchestration, contract management, global payments, and spend insights. Its platform integrates with existing ERP, financial, supplier, and business systems, allowing organizations to modernize procurement without replacing their existing technology infrastructure.

The platform also incorporates AI agents designed to automate and support procurement tasks, including validating purchase requests, identifying potential savings, benchmarking prices, reviewing contracts, and surfacing supplier and spend insights. By bringing these capabilities together, Zip helps procurement teams move earlier in the purchasing process, make more informed decisions, strengthen compliance, and manage more spend with greater efficiency.

Zip’s mission is to unblock innovation by helping businesses procure with greater speed, lower risk, and better value. The company works with organizations ranging from high-growth technology companies to large enterprises, helping them create more efficient procurement operations while giving employees a simpler way to buy.