Full-Time
Posted on 6/21/2024
Platform for managing business spend controls
$90k - $130kAnnually
Junior, Mid
Remote in USA
ZipHQ offers a platform that helps businesses manage their spending more effectively. The platform is designed to be easy to use, encouraging employees to engage with it, which leads to better visibility of spending for finance teams. This visibility helps prevent cash leakage and reduces risks associated with vendors. ZipHQ serves a variety of businesses, from finance and procurement teams needing control over spending to IT and legal teams managing vendor relationships and contract approvals. The software integrates with existing systems and operates on a subscription model, providing features like dynamic intake and approval workflows to streamline compliance and reduce vendor duplication. Customers have reported that ZipHQ has automated their procurement processes and enhanced collaboration among different teams.
Company Size
501-1,000
Company Stage
Series D
Total Funding
$360.8M
Headquarters
San Francisco, California
Founded
2020
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📈 Start-up equity
💸 401k plan
🦷 Full health, vision & dental coverage
🍽️ Catered lunches & dinners
🚍 Commuter benefit
🚠 Team building events & happy hours
🌴 Unlimited PTO
💻 Shiny new Apple equipment
🪑 Generous office stipend for remote employees
Η εταιρεία συγκέντρωσε το ποσό των 190 εκατ. δολαρίων σε έναν Series D γύρο χρηματοδότησης
Zip will use the $190 million raised in the Series D round for research and development, expanding its suite of artificial intelligence solutions, and supporting global expansion with a focus on Europe, the Middle East and Africa. The funding underscores investors' growing interest in companies looking to broaden out their AI capabilities. Growing expectations of a soft landing and the Federal Reserve's policy easing could also encourage more funding rounds, analysts have said.
ZipHQ Inc., a startup developing AI-powered software for businesses buying goods and supplies, has raised $190 million from investors at a $2.2 billion valuation.
Procurement startup Zip secured $190 million in Series D funding, increasing its valuation to $2.2 billion (up from $1.5 billion in 2023).
Interoperability is viewed by many to be the holy grail of business-to-business (B2B) innovation. By enabling systems to work together seamlessly, businesses can reduce costs, improve accuracy, enhance security, and foster better relationships with their partners. Businesses want flexible and customizable workflows, and providers are working to make it happen. Digital transformation is accelerating, with businesses moving away from paper-based and manual processes towards electronic methods