Fundraising Fox

Zip

YC S20 ↗

San Francisco, US · Founded 2020 · Incorporated in Australia · 500 employees · 12 known investors

ziphq.com ↗

Zip is an AI platform for enterprise procurement that automates and optimizes the B2B purchasing process from intake to payment. The platform serves large enterprises seeking to reduce procurement cycle time, risk, and costs.

AI & Machine LearningEnterprise SoftwareSaaSB2BProcurementin /42784537@theziphqycombinator.com ↗
Zip website preview

Founders & leadership· Y Combinator alumni (S20)

RZRujul Zaparde
Rujul ZapardeinFounder
LCLu Cheng
Lu ChenginFounder
PC
Philip CrutchfieldDirector
LD
Larry DiamondExecutive Officer, Director
PG
Peter GrayExecutive Officer, Director
MB
Martin BrookeExecutive Officer
JB
John BatistichDirector
DC
Dianne ChallenorDirector
FMFelix Meng
Felix Meng

Investors · 12

Y Combinator✓ verifiedSan Francisco · $500K
Tiger Global Management✓ verifiedNew York · $1M – $100M
Alkeon InnovationNew York
CRV (Charles River Ventures)Bay Area · $250K – $5M
Fjor FoundersLos Angeles
Night CapitalCapitolavia Kevin Carter · inferred
Standard CapitalSan Francisco
SV AngelSan Francisco
Todd and Rahul’s Angel FundSan Francisco · $300K – $500K
Adams Street PartnersreportedChicago · $150M – $750M
Bond Capital ManagementreportedSan Francisco · $100K – $25M
Twenty Two VenturesreportedPalo Alto · $50K – $250K

Reported raises · per SEC filings

Form D private placements
▶$30MraisedMay 2021 · 2 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Larry DiamondExecutive Officer, Director
  • Diane Smith-GanderDirector
  • Pippa DownesDirector
  • Martin BrookeExecutive Officer
  • Brad LindenbergExecutive Officer
  • Peter GrayExecutive Officer, Director
  • Adam FingerExecutive Officer
  • John BatistichDirector
  • Patrick CollinsExecutive Officer
  • Anna Buber-FarovichExecutive Officer
  • David FranksExecutive Officer
  • Tommy MermelshtaynExecutive Officer
  • Adam EzraExecutive Officer
  • Steve BrennanExecutive Officer
Offering amount
$30M
Amount sold
$30M
First sale
May 2021
Incorporated
Other, Australia
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$113.8MraisedSep 2020 · 17 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Philip CrutchfieldDirector
  • Larry DiamondExecutive Officer, Director
  • Peter GrayExecutive Officer, Director
  • Martin BrookeExecutive Officer
  • John BatistichDirector
  • Dianne ChallenorDirector
Offering amount
$113.8M
Amount sold
$113.8M
First sale
Aug 2020
Incorporated
Other, Australia
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

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