Zip
Zip sells AI-powered procurement software to large enterprises, helping them manage purchasing across teams and suppliers. Its customers, including T-Mobile and OpenAI, have processed $500 billion in spend and saved $8 billion. The company raised $371 million in a Series D round in October 2024.
The growth story
Zip grew from 257 to 1,379 employees between 2022 and 2026, raising $371M along the way, most recently a Series D in October 2024.
About
Zip provides procurement software that uses AI agents to coordinate purchasing across teams, tools, and suppliers. Its platform is designed for enterprise customers seeking to streamline resource acquisition and accelerate innovation.
The company has grown rapidly since its 2020 founding, reaching a headcount of 1,379. Its $371 million Series D funding in late 2024 underscores its momentum in the enterprise procurement software market.
Founders and leadership
Sales is Zip's largest function, with 163 employees. The leadership team includes product leaders from Apple, Airbnb, and Meta, as well as former procurement executives from United Health, Sanofi, and NASA.
The Zip org chart
Rujul Zaparde (Co-Founder & CEO) leads 60 mapped leaders with 36 direct reports. Click +N to expand a team; names link to the person’s public profile.
Departments, and which ones grew
Headcount by function: Engineering 298 (+54% YoY), Sales 220 (+50% YoY), Information Technology 95 (+56% YoY), Operations 93 (+66% YoY), Consulting 73 (+92% YoY), Business Development 72 (+47% YoY).
Talent flow
Zip recruits heavily from procurement and enterprise software companies, with Coupa, Salesforce, and Tipalti being top talent sources. Alumni frequently move to AI and tech companies like Anthropic, OpenAI, and Stripe.
Most common previous employers of Zip staff: Coupa (35), Salesforce (28), Airbnb (19), Tipalti (18), Workday (17), Oracle (17). Former Zip employees most often moved to Anthropic (7), Vic.ai (4), OpenAI (4), Airtable (4), Sierra (3), Stripe (3).
Alumni worth knowing
The Zip mafia
Zip alumni have founded six companies, including Argos, Trouve AI, and Formable. These startups collectively employ 13 people, indicating early-stage ventures.
6Ahnaf Al Wahed, was Business Development Representative (ENT) until 2024Riece Keck, was Advisor until 2020Arend-Jan Wessels, was Account Executive - Enterprise EMEA until 2026Ed Sawma, was VP of Marketing until 2023Hiring now
What this company is made of
Most common skills at Zip: Leadership (395), Microsoft Office (338), Microsoft Excel (306), Customer Service (287), Project Management (261), Management (251), Communication (246), Teamwork (240).
Where the team actually sits
Zip people are concentrated in California, United States (124), San Francisco Bay Area (72), Ontario, Canada (69), England, United Kingdom (35). 2 offices on record.
Search footprint
Zip attracts about 4,182 organic search visits a month, traffic worth roughly $27K a month if bought through ads. It gained 239 ranking keywords and lost 85 in the last period.
What employees say
- Compensation
- 4.10 / 5
- Career opportunities
- 3.90 / 5
- Senior management
- 3.60 / 5
- Work-life balance
- 3.10 / 5
Frequently asked
Zip has 1,379 employees as of September 2026.
Zip has raised $371M in total, most recently a Series D round in October 2024.
Zip was founded in 2020 by Rujul Zaparde, Lu Cheng.
Rujul Zaparde (Co-Founder & CEO) sits at the top of Zip's reporting structure, with 36 direct reports.
The most common previous employers of current Zip staff are Coupa (35 people), Salesforce (28 people), Airbnb (19 people).
Former Zip employees most often move to Anthropic (7), Vic.ai (4), OpenAI (4).
At least 6 companies have a founder who previously worked at Zip, including Argos, Trouve AI, Formable.
Zip attracts about 4,182 organic search visits a month, worth roughly $27K a month in equivalent ad spend.
The most common skills among Zip staff are Leadership, Microsoft Office, Microsoft Excel, Customer Service, Project Management.
Zip staff are concentrated in California, United States (124), San Francisco Bay Area (72), Ontario, Canada (69).
Zip has about 298 people in Engineering, up 54% over the past year, as of September 2026.
Zip has about 220 people in Sales, up 50% over the past year, as of September 2026.
Computed from 560 current and 350 former Zip profiles, as of September 2026. Source: Crustdata.
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