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How Zip CEO Rujul Zaparde grew Zip to $193M revenue with a 1030 person team in 2025.

Zip is the world's leading intake-to-procure solution: one place for employees to initiate a purchase or vendor requests.

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Zip Revenue

In 2025, Zip's revenue reached $193M. The company previously reported $18.2M in 2023. Since its launch in 2020, Zip has shown consistent revenue growth.

Zip Revenue GrowthReported revenue / ARR by year$0$50M$100M$150M$200M$250M202020212022202320242025$0$963K$18M$193MSource: GetLatka.com
YearMilestone
2025Zip Hit $193m revenue in September 2025
2023Zip Hit $18.2m revenue in December 2023
2021Zip Hit $963.3k revenue in April 2021
2020Launched with $0 revenue

Zip Valuation, Funding Rounds

Zip reached a $2.2B valuation in 2024, set during its Series D round.

Zip has raised $358M in total funding across 4 rounds, most recently a $190M Series D round in 2024.

Zip Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$500M$1B$2B$2B$3B202020212022202320242020 cumulative: $0 • 2020 Founded: $02021 cumulative: $25M • 2020 Founded: $0 • 2021 Seed Round: $25M2022 cumulative: $68M • 2020 Founded: $0 • 2021 Seed Round: $25M • 2022 Series B: $43M2023 cumulative: $168M • 2020 Founded: $0 • 2021 Seed Round: $25M • 2022 Series B: $43M • 2023 Series C: $100M2024 cumulative: $358M • 2020 Founded: $0 • 2021 Seed Round: $25M • 2022 Series B: $43M • 2023 Series C: $100M • 2024 Series D: $190M @ $2B valuation$358M2020 Founded: $0 valuation2024 Series D: $2B valuation$2BSource: GetLatka.com
YearRoundAmountValuation% Sold
2024Series D$190M$2.2B9%
2023Series C$100M--
2022Series B$43M--
2021Seed Round$25M--

Zip Employees & Team Size

Zip employs approximately 1K people as of 2026, up from 633 in 2024.

Zip has 1K total employees in different roles and functions.

Zip Team GrowthReported headcount over time02505007501,0001,250202020212022202320242025001,0301,030Source: GetLatka.com
YearMilestone
2025Reached 1K employees (December 2025)
2024Reached 633 employees (December 2024)
2023Reached 509 employees (December 2023)
2022Reached 407 employees (December 2022)
2021Reached 215 employees (December 2021)
2021Reached 31 employees (April 2021)

Founder / CEO

Rujul Zaparde

Rujul Zaparde is listed as Founder / CEO at Zip.

Q&A

QuestionAnswer
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Customers

We do not have customer count information for Zip yet.

Frequently Asked Questions about Zip

What is Zip's revenue?

Zip generates $193M in revenue.

Who founded Zip?

Zip was founded by Rujul Zaparde.

Who is the CEO of Zip?

The CEO of Zip is Rujul Zaparde.

How much funding does Zip have?

Zip raised $358M.

How many employees does Zip have?

Zip has 1K employees.

Where is Zip headquarters?

Zip is headquartered in San Francisco, California, United States.

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Compare Zip to the industry

Zip operates across multiple industries. Browse revenue, funding, and growth data for Zip in each sector below.

Source Attribution

Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.

Company data last updated .