Tech Company Financing Transactions
Zip Funding Round
On 5/15/2023, Zip received $100 million in Series C funding from CRV, Tiger Global Management and Y Combinator.
Transaction Overview
Company Name
Announced On
5/15/2023
Transaction Type
Venture Equity
Amount
$100,000,000
Round
Series C
Proceeds Purpose
The company intends to use the fundsto accelerate product and user experience innovations to increase employee adoption across its customer base, including new applications of generative AI that maximize efficiency and synthesize insights across the intake-to-pay process, to continue to invest in top talent across geographies, and expand its presence with a new office in Dallas, Texas, adding to its existing headquarters in San Francisco and office in Toronto, Canada.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
1 Sansome St 3000
San Francisco, CA 94104
USA
San Francisco, CA 94104
USA
Phone
Website
Email Address
Overview
Buying B2B products or services is much harder than the experience most of us have buying nearly anything as a consumer. At Zip, we're focused on making it easy. We invented the world's leading Intake-to-Procure solution to bring a consumer grade user experience to B2B purchasing. And, we're just getting started.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Rujul Zaparde
Chief Technical Officer
Lu Cheng
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Where The Data Comes From
We do our best to report on every notable VC transaction. VC transactions reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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