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Synopsis
BOND Capital, a global technology investment firm, led a $190m Series D funding round in Zip, an AI-powered procurement orchestration platform, with participation from DST Global, Adams Street, Alkeo, Y Combinator and CRV. “Zip is one of those rare opportunities in enterprise software that doesn’t come along often. What sets Zip apart is its relentless focus on customer success and product innovation, which in today’s tough macro environment, is exactly what enterprises need to drive efficiency and rein in costs. The team has built a product so essential that it’s quickly becoming the go-to platform for the world’s biggest companies. We’re confident Zip is primed to be a staple in every Fortune 500 tech stack,” Jay Simons, BOND General Partner.
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