Ramp is a fintech startup that provides businesses with a modern financial operations platform, offering corporate cards, automated expense management, bill payments, and accounting integrations. Designed to optimize corporate spending, Ramp helps organizations track and control expenses with AI-powered insights and automation. Unlike traditional financial tools, it reduces manual processes and uncovers cost-saving opportunities in real-time. Trusted by companies of all sizes, Ramp empowers businesses to make smarter, data-driven financial decisions.
Ramp has nearly doubled its valuation to $13 billion after a $150 million secondary share sale. New and existing backers including VC Stripes, GIC, Avenir Growth, Thrive Capital, Khosla Ventures, General Catalyst, Lux Capital, 137 Ventures, and Definition Capital bought the secondaries from employees and early investors.
Ramp, New York, New York, United States, was founded in 2019 by Eric Glyman, Gene Lee, and Karim Atiyeh. In 2021, the company joined the unicorn club. Ramp primarily operates in the United States, providing businesses of all sizes with a comprehensive financial management platform that includes corporate cards, expense automation, bill payments, and accounting integrations. "We want to find a way to partner, but didn't have a primary (funding) need. Secondary was a great fit, where it could allow us to deepen partnerships with investors that we were really dying to work with," said Eric Glyman, Ramp’s co-founder and chief executive.
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