<ul><li>AI procurement platform provider Zip has raised $190 million in new funding, valuing the company at $2.2 billion.</li><li>Zip offers an AI-powered procurement platform that automates and streamlines the purchasing process for businesses.</li><li>The platform uses AI to automate workflows, extract data from documents, and detect risks in contracts, reducing manual work and errors.</li><li>Zip has seen strong growth, with a three times increase in large enterprises using its platform and notable customers including Snowflake Inc. and Discover Financial Services.</li></ul>

AI procurement platform provider Zip raises $190M, boosting valuation to $2.2B

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