The Technology team advised Zip on the closing of its $190 million Series D funding led by BOND. The investment is one of the largest for an enterprise SaaS company this year, bringing Zip's valuation to $2.2 billion from $1.5 billion in 2022 . Additional participants in the round included new investors DST Global, Adams Street, and Alkeon, along with existing investors Y Combinator and CRV.
Zip is the world’s leading procurement orchestration platform, empowering businesses to accelerate the procurement process, mitigate risk, and drive growth by offering a single front door to unify the teams, tasks, and tools involved in working with suppliers.
The Goodwin team was led by Harley Brown, Agustin Podboj, Pablo Hernandez Romero and Ty Bennett and included Matthew Kane, Cisco Palao-Ricketts, April Sun, Drew Schaffer, Paul Jin, Ortal Ben Aharon, Kelsey Lemaster, Jacob Osborn, Kevin Grumberg, and Beth Withers.
For additional details on the funding round, please read the press release and coverage in Bloomberg.