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Zip Secures $190 Million in Landmark Series D Funding, Marking the Largest Investment in Procurement Technology in Over Two Decades
Zip, the world’s leading AI-powered procurement orchestration platform, announced $190 million in Series D funding led by BOND. This landmark investment — one of the largest for an enterprise SaaS company this year — brings Zip’s valuation to $2.2 billion, a significant increase from its $1.5 billion valuation in 2023. Additional participants in the round…
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Zip Named a Leader in IDC MarketScape: Worldwide SaaS and Cloud-Enabled Spend Orchestration 2024 Vendor Assessment
Zip, the leading AI-powered spend orchestration platform, announced that it has been named a Leader in the IDC MarketScape: Worldwide SaaS and Cloud-Enabled Spend Orchestration 2024 Vendor Assessment. This groundbreaking report marks the first time spend orchestration has been recognized as its own category. Patrick Reymann, Research Director, Procurement and Enterprise Applications at IDC, said,…
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Zip Introduces Renewal Features to Its Procurement Management Software
Greenbax Inc., a start up in procurement management that operates under the name Zip, has enhanced its software with a renewal feature that notifies procurement and IT managers in advance of upcoming renewals and automates the renewal of licences and contracts. By allowing customers to opt out of automatic renewals and averting unforeseen contract expirations,…