Agentic procurement orchestration leader Zip has doubled its office footprint with expanded San Francisco headquarters (75,000 sq ft) and new Manhattan office, growing from 250 to 500+ employees in one year. The company achieved a $2.2 billion valuation from $190M Series D funding—the largest procurement tech investment in 20+ years—while maintaining 100% retention across strategic enterprise customers.

“The fact that Fortune 500 companies across financial services, telecommunications, healthcare, defense, and retail are choosing a five-year-old company over established vendors speaks to how fundamentally we’ve reimagined procurement,” said Rujul Zaparde, Co-founder and CEO. Zip serves hundreds of global enterprises including AMD, Anthropic, Canva, OpenAI, Pinterest, and Snowflake, generating $4.4 billion in customer savings with 3.6% average spend reduction.

The platform has launched 50+ specialized AI agents handling complex procurement tasks and delivered 4.6 million AI insights. “We’re shaping the agentic future with 50+ AI agents that are redefining what procurement is capable of,” added Lu Cheng, Co-founder and CTO.