San Francisco, California, United States
Zip is the world's leading intake-to-procure solution: one place for employees to initiate a purchase or vendor requests.
- Revenue
- $193M
- Year founded
- 2020
- Funding
- $358M
- Team size
- 1K
As of August 2026, Latka tracks 1 purchasing software companies with $100M+ in annual revenue. They have combined revenues of $193M and employ 1K people. They have raised $358M.
Every company below sells purchasing software to other businesses and is ranked by its most recent annual revenue. Revenue, funding, headcount and customer figures come from CEO interviews on the Latka podcast, public company filings, and Latka estimates where a company has not disclosed a number.
Purchasing software, often referred to as procurement software, is designed to streamline and enhance the process of acquiring goods and services for an organization. It facilitates the entire procure-to-pay cycle, allowing organizations to efficiently manage requisitions, purchase orders, and supplier relationships. Users typically include procurement professionals, finance teams, and operations managers who seek to improve operational efficiency and cost control. The software supports key features such as automated approval workflows, expense reporting, and supplier performance tracking, which are essential for making informed purchasing decisions. Additionally, it often incorporates analytics tools to assess spending patterns and vendor performance, thereby enabling better negotiation and selection of suppliers. Overall, purchasing software is crucial for firms aiming to optimize their procurement processes while ensuring compliance and risk management.
Sorting: Highest -> Lowest
Showing 1 of 1 companies ranked by annual revenue.
San Francisco, California, United States
Zip is the world's leading intake-to-procure solution: one place for employees to initiate a purchase or vendor requests.
Latka tracks 1 purchasing software companies with $100M+ in annual revenue. Together they generate $193M in annual revenue and employ 1K people.
Zip is the largest, with $193M in annual revenue, founded in 2020.
The average purchasing software company in this list makes $193M a year, across 1 companies with reported revenue.
Ranked by annual revenue, the leaders are Zip.
The 1 purchasing software companies with $100M+ in annual revenue tracked here have raised $358M in disclosed funding between them.
- Must automate procurement processes from requisition to payment - Should provide features for supplier management and performance tracking - Needs to offer reporting and analytics capabilities for data-driven decision making - Must include workflow automation for purchase order approvals - Not just focused on purchasing; must also integrate with inventory and spend management systems - Should enable budget tracking and compliance monitoring - Designed for use by procurement professionals, finance teams, and operations managers
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