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ZipHQ, a startup developing AI software for businesses, has raised $190 million in Series D funding. The investment round was led by BOND, with participation from DST Global, Adams Street, and Alkeon Capital, as well as continued support from Y Combinator and CRV. This funding brings ZipHQ's valuation to $2.2 billion, marking the largest investment in procurement technology in over two decades. The company uses AI to help businesses manage the procurement of goods and services.
Thrilled to announce that @bondcap led our $70M Series D round, joining our incredible group of existing investors. We're also excited to welcome @moodrowghani , general partner at Bond to our board! "While many companies are exploring speculative tech solutions in this space,โฆ https://t.co/LS0o1AL8dk
AI software firm Zip valued at $2.2 bln in latest funding round https://t.co/aRZOaiGUCL https://t.co/slPaICHBxO
CRV proudly backed founders @rujulz and Lu Cheng across four @theziphq funding rounds. @business @technology's @paayalzaveri and @Katie_Roof breakdown the details of Zip's Series D. https://t.co/B6sS1TmZU1
