Zip
San Francisco, California, United States
Zip is a procurement orchestration platform (intake-to-procure) that in April 2025 launched "Zip for Risk Orchestration," a dedicated supplier/vendor risk product covering automated vendor due diligence (bank account and tax ID verification), a centralized risk repository, automated risk-tiering and scoring by industry, location, and regulatory exposure, continuous scheduled risk reviews, and audit-ready compliance reporting, built to unify risk oversight across procurement, finance, legal, and IT.
- Headquarters
- San Francisco, California, United States
- Founded
- 2020
- Website
- zip.com
Notable facts
- Founded in 2020 by Rujul Zaparde and Lu Cheng; has raised $371M at a $2.2B valuation
- Publicly launched a named risk product, Zip for Risk Orchestration, in April 2025, positioned against a $52B risk management market
Relevant guides
Pricing
Pricing not publicly disclosed on the vendor's site. Typical for B2B VRM/procurement software, which is usually quoted per scope or vendor volume.
Case study
Press materials name Invesco, Prudential, and Coinbase among organizations using Zip's third-party risk approach. Read more →
Sources. This profile is compiled from public reference data, WebSearch-verified againstsource 1 · source 2 · source 3. Data as of 2026-07-14. See methodology.
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