Startups > Ramp

Ramp

Ramp helps mid-market and enterprise companies reduce spend and automate finance operations.

Series E-2 $2.3B total Founded 2019 New York, New York 2266 employees

Ramp is a unified finance operations platform that consolidates corporate cards, expense management, bill payments, procurement workflows, travel management, and accounting automation into a single system. Unlike traditional corporate card providers that incentivize spending through rewards, Ramp focuses on helping companies reduce expenses by an average of 5% annually while automating administrative work. The platform has helped customers spend $10 billion less than they would have otherwise and automated 27.5 million hours of work across 50,000+ companies including Shopify, Notion, Figma, and CBRE.

Problem solved

Finance teams spend significant time on manual expense reconciliation, vendor management, and accounting workflows while companies lack visibility into unnecessary spending across departments.

Target customer

Mid-market to enterprise companies (40,000+ employees) looking to consolidate finance operations and reduce unnecessary spending across procurement, travel, and expense management.

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Founders

Eric Glyman

CEO & Co-Founder

Harvard University graduate who previously founded price-tracking app Paribus (acquired by Capital One in 2016) and worked as Senior Director at Capital One.

Karim Atiyeh

CTO & Co-Founder

Harvard University classmate of Glyman who co-founded Paribus and worked at Capital One before starting Ramp.

Gene Lee

Co-Founder

Software engineer at Paribus who joined Glyman and Atiyeh at Capital One before becoming co-founder of Ramp.

Funding history

Seed $8M June 2019 Led by Unknown · Unknown

Series A $15M February 2020 Led by Founders Fund · Unknown

Series B $115M April 2021 Led by D1 Capital Partners, Stripe · Goldman Sachs, Founders Fund, Coatue Management, Thrive Capital, Redpoint Ventures, Box Group, Neo, Contrary Capital

Series D $300M August 2023 Led by Unknown · Unknown

Series D-2 $150M June 2024 Led by Unknown · Unknown

Series E $200M June 2025 Led by Thrive Capital, D1 Capital Partners · General Catalyst, GIC, ICONIQ Growth, Khosla Ventures, Sands Capital, 8VC, Lux Capital, Stripes, 137 Ventures, Avenir Growth, Definition Capital

Series E-2 $500M July 2025 Led by Unknown · Unknown

Series E-3 $300M November 2025 Led by Lightspeed Venture Partners · Bessemer Venture Partners, 1789 Capital

Total raised: $2.3B

Industries

Financial Services Finance FinTech

Pricing

Free tier with unlimited cards and expense management. Plus tier at $15 per user per month (20% discount if paid annually). Enterprise tier with customizable pricing for robust accounting and payment solutions.

Notable customers

CBRE, Shopify, Anduril, Figma, Notion, Cursor, Vercel, Barry's, MAGNA-TILES

Integrations

Stripe, HubSpot, Zendesk, Google Workspace, Cloudflare, Segment

Tech stack

GSAP (JavaScript frameworks) jQuery (JavaScript libraries) FingerprintJS (JavaScript libraries) core-js (JavaScript libraries) Wistia (Video players) Qualified (Live chat) Zendesk (Documentation) Webpack Open Graph LottieFiles Module Federation Zoominfo (Analytics) Linkedin Insight Tag (Analytics) Hotjar (Analytics) Facebook Pixel (Analytics) Cloudflare Bot Management (Security) HSTS (Security) Google Font API (Font scripts) Apple iCloud Mail (Webmail) Google Workspace (Email) jsDelivr (CDN) Google Hosted Libraries (CDN) cdnjs (CDN) Cloudflare (CDN) 6sense (Marketing automation) HubSpot (Marketing automation) Podsights (Advertising) Twitter Ads (Advertising) TVSquared (Advertising) Microsoft Advertising (Advertising) AdRoll (Advertising) Taboola (Advertising) Stripe (Payment processors) Google Tag Manager (Tag managers) Webflow (Page builders) AdRoll CMP System (Cookie compliance) Sendgrid (Email) Cloudflare Rocket Loader (Performance) Segment (Customer data platform)

Website

ramp.com/

Competitors

Brex

Brex focuses primarily on corporate cards while Ramp offers an integrated platform combining cards, expense management, bill pay, and accounting automation.

Navan

Navan specializes in integrated travel booking with expense management, but typically costs more than Ramp for comparable spend management features without travel needs.

Pleo

Pleo focuses on expense management and corporate cards but lacks the comprehensive bill pay and accounting automation features Ramp provides.

Bill.com

Bill.com specializes in accounts payable automation while Ramp provides a broader platform covering employee expenses, corporate cards, and bill payments.

Concur

Concur focuses narrowly on expense and travel management without the corporate card and bill pay functionality Ramp integrates.

Why this matters: Ramp has achieved a $32B valuation in just six years by solving a fundamental misalignment in the corporate finance market: traditional card companies profit from spending while companies need to reduce it. The company's focus on automation (27.5M hours automated) and measurable savings ($10B collectively) rather than rewards differentiation represents a paradigm shift in how organizations approach spend management.

Best for: Mid-market to enterprise companies that want to consolidate fragmented finance operations, reduce unnecessary spending, and automate time-consuming accounting and procurement workflows across multiple departments.

Use cases

Expense Reconciliation Automation

Finance teams using Ramp reduce monthly reconciliation time by 75% through automated receipt matching and coding. Construction One cut reconciliation from 40 hours to 10 hours monthly, freeing finance staff for strategic work instead of manual data entry.

Spend Visibility and Control

Companies implement spend controls and category-based policies through Ramp to prevent unauthorized purchases and identify savings opportunities. Notion automated coding for 97% of transactions with zero manual touch and saved $5M+ through spend controls and cashback programs.

Multi-Functional Consolidation

Organizations replace separate vendors for cards, expenses, bill pay, and travel management with a single Ramp platform, reducing vendor management overhead and achieving a 503% ROI within three years as demonstrated by case study customers.

Procurement Workflow Automation

Ramp automates vendor management, purchase approvals, and bill payment workflows, reducing the administrative burden on operations teams and improving cash flow management through centralized payment processing.

Alternatives

Brex Choose Brex if you prioritize premium card design and rewards programs; Ramp focuses on cost reduction over incentivizing spending.

Navan Choose Navan if your company has significant travel expenses and wants integrated travel booking with expense management; Ramp is more cost-effective for pure spend management without travel consolidation needs.

Bill.com Choose Bill.com if your primary need is AP automation; Ramp provides broader finance operations covering employee expenses, corporate cards, and accounting alongside bill pay.

Pleo Choose Pleo if you prefer a European-focused solution with strong mobile expense tracking; Ramp offers deeper integrations with accounting systems and bill payment automation.

FAQ

What does Ramp do? +

Ramp is a unified finance operations platform that consolidates corporate cards, expense management, bill payments, procurement workflows, travel management, and accounting automation. Rather than incentivizing spending like traditional card companies, Ramp helps companies reduce expenses by an average of 5% annually while automating administrative work. The platform serves 50,000+ companies and has helped customers save $10 billion collectively.

How much does Ramp cost? +

Ramp offers a free tier with unlimited cards and expense management. The Plus tier costs $15 per user per month (with 20% discount if paid annually). Enterprise pricing is customizable based on the specific accounting and payment card functionality needed. Contact Ramp sales for a custom quote.

What are alternatives to Ramp? +

Top alternatives include Brex (corporate card focus), Navan (travel plus expense management), Pleo (card and expense management), and Bill.com (AP automation). Brex emphasizes rewards, Navan includes travel booking, and Bill.com specializes in vendor payments. Ramp differentiates by combining all functions and prioritizing cost reduction over spending incentives.

Who uses Ramp? +

Ramp is used by 50,000+ companies ranging from mid-market to enterprise, including Shopify, Notion, Figma, CBRE, Anduril, Cursor, Vercel, and Barry's. The platform is designed for finance teams, procurement departments, and operations leaders who need consolidated spending visibility and workflow automation across their organization.

How does Ramp compare to Brex? +

While Brex focuses primarily on premium corporate card features and rewards programs to encourage spending, Ramp offers an integrated platform combining cards, expense management, bill pay, and accounting automation with a core mission to reduce spending. Brex is better for companies prioritizing card benefits; Ramp is better for those seeking comprehensive finance consolidation and cost reduction.

What kind of ROI can companies expect from Ramp? +

Case studies show companies achieving 503% ROI within three years, with average savings of 5% on annual expenses. One example customer saved $90k and 6,500 employee hours over three years. Notion achieved $5M+ in savings through spend controls and automated 163 hours per month of admin work.