AI procurement startup Zip has successfully raised $190 million in a Series D funding round, bringing its valuation to an impressive $2.2 billion. This significant investment will enable Zip to enhance its AI-driven innovations and support its global expansion efforts.
The funding round was led by V3V Ventures, highlighting the growing interest in AI technologies within the procurement sector. Zip's focus on leveraging artificial intelligence aims to streamline procurement processes, making them more efficient and effective for businesses.
This latest funding will not only bolster Zip's technological advancements but also facilitate its entry into new markets, positioning the company for further growth in the competitive landscape of AI-driven procurement solutions.
