Ramp is an AI-powered finance platform that combines corporate cards, expense management, bill pay, accounting automation, procurement, and treasury for businesses. Customers use Ramp to control spend, automate finance workflows, and close their books faster.
Ramp is an AI-powered finance platform that combines corporate cards, expense management, bill pay, accounting automation, procurement, and treasury for businesses. Customers use Ramp to control spend, automate finance workflows, and close their books faster.
Ramp was founded in March 2019 in New York by Eric Glyman, Karim Atiyeh, and Gene Lee. Glyman and Atiyeh had previously co-founded Paribus, a price-tracking tool acquired by Capital One in 2016. After working inside Capital One's credit-card division, they left to build a corporate card and spend platform designed to help companies spend less money and save time on finance operations.
Ramp closed a $300M Series E-3 led by Lightspeed at a $32 billion valuation, three months after its prior round.
Ramp announced doubling of revenue and customers in the past year alongside its $32B valuation.
Ramp's founders publish reflections on the company at $32B and its push into AI for finance.
Fortune profiles Ramp's Eric Glyman and the company's rapid growth.
Ramp closed a $500M Series E-2 led by Iconiq Capital at a $22.5B valuation.
Ramp closed a $200M Series E led by Founders Fund at a $16 billion valuation.
Ramp announced a $150M Series D-2 round co-led by Khosla and Founders Fund at a $7.65B valuation.
Ramp closed $750M led by Founders Fund and D1 Capital at an $8.1B valuation.
Ramp raised $300M Series C led by Founders Fund and announced its acquisition of Buyer.
Ramp closed a $115M Series B co-led by D1 Capital and Stripe.
$2.3B raised total