Ziprevenue, valuation & funding
Procurement SoftwareSan Francisco, CaliforniaFounded 2020CEO Rujul Zaparde
Zip is the world's leading intake-to-procure solution: one place for employees to initiate a purchase or vendor requests.
Zip revenue
Zip's annual revenue was $193M in September 2025 (source not recorded).
All 3 revenue readings, with sources
| As of | Revenue | Source |
|---|---|---|
| Apr 2021 | $963.3K | – |
| Dec 2023 | $18.2MEST. | GetLatka estimate |
| Sep 2025 | $193M | – |
– source not recorded
Zip valuation
Zip is privately held, so there is no Zip stock to buy. Investors valued it at $2.2B in its October 2024 Series D.
Zip funding rounds & investors
Zip has raised $358M across four rounds since 2021. The latest was a $190M Series D in October 2024.
| Date | Round | Raised | Valuation | Source |
|---|---|---|---|---|
| Oct 2024 | Series D | $190M | $2.2B | Business Wire |
| May 2023 | Series C | $100M | – | Business Wire |
| May 2022 | Series B | $43M | – | Business Wire |
| 2021 | Seed | $25M | – | Business Wire |
| Total raised | $358M |
Zip competitors
Zip competes most directly with Ramp, Tipalti, Airbase, Procurify and 5 others.
| Company | Revenue | Funding | Employees | Customers | Founded |
|---|---|---|---|---|---|
 Ramp | $1.4B | $2.6B | 3,205 | 25K | 2006 |
 Tipalti | $200M | $749M | 1,150 | 10K | 2010 |
| Zip | $193M | $358M | 1,030 | – | 2020 |
 Airbase | $96.6M | $251.5M | 353 | – | 2017 |
 Procurify | $55M | $83M | 180 | – | 2013 |
 Spendflo | $15.2M | $15.4M | 138 | – | 2020 |
 Stampli | $11.2M | $84.7M | 307 | 500K | 2014 |
 Precoro | $3.5M | – | 89 | 100 | 2015 |
 Coupa | $1.3M | $302.2M | 3,447 | 530 | 2006 |
 Pivot App | $1M | – | 49 | – | 2023 |
#1 of 353 Procurement Software companies by revenue · category median $1.9M · See the ranking
Zip CEO, founders & employees
Rujul Zaparde founded Zip in 2020 and runs it as CEO. Zip has 1,030 employees (December 2025, LinkedIn), up from 633 a year earlier.
- Rujul ZapardeFounder & CEO
All 6 headcount readings, with sources
| As of | Employees | Source |
|---|---|---|
| Dec 2025 | 1,030 | |
| Dec 2024 | 633 | |
| Dec 2023 | 509 | |
| Dec 2022 | 407 | |
| Dec 2021 | 215 | |
| Apr 2021 | 31 | – |
Zip FAQ
What is Zip's revenue?
Zip's annual revenue was $193M in September 2025 (source not recorded).
What is Zip's valuation?
Investors valued Zip at $2.2B in its October 2024 Series D, according to Business Wire.
How much funding has Zip raised?
Zip has raised $358M across four funding rounds. The latest was a $190M Series D in October 2024.
Is Zip publicly traded?
No. Zip is a private company, so its shares aren't traded on a stock exchange.
How many employees does Zip have?
Zip has 1,030 employees as of December 2025, according to LinkedIn.
Who is the CEO of Zip?
Rujul Zaparde is the CEO of Zip and founded the company in 2020.
Who founded Zip?
Rujul Zaparde founded Zip in 2020.
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How this page is sourced
9 from public sources · 1 estimate. Founder figures link to the second they were said; public figures name their source; estimates are marked EST. and say whose they are. Not financial advice.
Updated Oct 7, 2026Data disclaimerReport a correctionClaim this profileRun Zip? Join the podcast