Zip, the world’s leading agentic procurement orchestration platform, has announced the opening of a new, expanded headquarters in Toronto, marking a major step in its Canadian growth strategy. The new office, located at 123 Front Street in the city’s Financial District, is four times larger than the company’s previous Toronto space and places Zip in the heart of the city’s technology and financial hub, directly across from Union Station. The move underscores Zip’s commitment to becoming a cornerstone of Toronto’s tech ecosystem. The company plans to nearly triple its local workforce by early 2026, driven by surging demand from Canadian enterprises and international clients. Major organizations such as CIBC, Hootsuite, and Stackadapt have already adopted Zip’s platform, fueling the need for expanded sales, engineering, and support teams. The new office features a modern, open design with natural materials, height-adjustable workstations, and expanded collaboration spaces. For the first time, all Toronto-based teams—including sales, engineering, and product—will work under one roof, fostering stronger mentorship, cross-functional collaboration, and team cohesion. “Toronto represents a massive opportunity for us to build something special, not just with an expanding sales team but with our second major engineering hub too,” said Lu Cheng, Zip’s co-founder and CTO. “We’re targeting exceptional early-career engineers from top institutions like the University of Waterloo and giving them what matters most: direct mentorship from senior engineers who will be on the ground with them. Our goal is to make Zip the place where exceptional graduates want to start their careers because they know they’ll be set up for long-term success.” Rujul Zaparde, Zip’s co-founder and CEO, highlighted the company’s talent development focus. “What makes Zip unique as a Series D company is our intentional approach to developing talent,” he said. “We’ve seen incredible career growth in Toronto, with team members advancing from business development roles to key account executive positions. Now, bringing everyone together in one space will amplify that momentum.” Toronto is Zip’s second-largest office globally, after San Francisco, reflecting Canada’s growing strategic importance in the company’s global expansion. The expansion follows a $190 million Series D funding round that valued Zip at $2.2 billion. Zip’s Canadian operations have seen a 250% year-over-year increase in employee count. The company is actively hiring across multiple roles, including business development representatives, account executives, and software engineers. Interested candidates can explore open positions at ziphq.com/careers. Zip’s AI-powered platform streamlines procurement by unifying teams, tasks, and tools involved in supplier management. Trusted by hundreds of leading enterprises worldwide—including AMD, Anthropic, Coinbase, Discover, HP, Instacart, Reddit, and Snowflake—the platform helps organizations increase spend visibility, drive policy adoption, and maximize ROI. For more information, visit ziphq.com.