Business Software Startup Zip Is Valued at $2.2 Billion
- The procurement company raised $190 million in the deal
- Bond led the financing, with participation from DST and CRV
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ZipHQ Inc., a startup developing AI-powered software for businesses buying goods and supplies, has raised $190 million from investors at a $2.2 billion valuation.
The round was led by new investor BOND, with participation from firms including DST Global, Y Combinator and CRV. The new valuation is a significant bump from the $1.5 billion value investors gave the startup last year.