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Venture Capital News: Zip Lands $190 Million in Series D Funding

2024-10-21
SAN FRANCISCO, CA, Zip, the world's leading AI-powered procurement orchestration platform, announced $190 million in Series D funding led by BOND.
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 included new investors DST Global, Adams Street, and Alkeon, along with existing investors Y Combinator and CRV.
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