What is Ramp?
Finance automation platform that combines corporate cards, expense management, and bill pay to help companies spend less.
- Category
- Spend management
- Headquarters
- New York, NY
- Founded
- 2019
- Employees
- ~2,000
- Total funding
- ~$3.2B
- Valuation
- ~$44B (2026)
What is Ramp?
Ramp is a finance automation platform that pairs corporate cards with software for expense management, bill pay, procurement, and travel. It is built to help finance teams control spend, automate manual back-office work, and close their books faster — all from one system instead of a patchwork of disconnected tools.
Founded in 2019 and headquartered in New York, Ramp built its reputation on a counterintuitive promise: where most spend tools make money when customers spend more, Ramp markets itself on helping customers spend less. That positioning has fueled exceptional growth — by mid-2026 Ramp served more than 70,000 business customers (up from around 15,000 in 2023) and reached roughly $1.5 billion in annualized revenue. It has expanded from a single corporate-card product into a broad office-of-the-CFO platform spanning cards, bill pay, procurement, travel, and treasury, used by everyone from early-stage startups to large enterprises — including more than 2,200 customers that each contribute over $100,000 a year.
Sources:ramp.com
What does Ramp offer?
Ramp has expanded well beyond cards into a connected suite of finance-operations products, each designed to remove manual work from a different part of the money-out workflow.
- Corporate cards· Cards
- Expense management· Spend
- Bill pay· AP
- Procurement· Spend
- Travel· Spend
- Treasury· Cash
- Accounting automation· Close
Sources:ramp.com/product
How does Ramp make money?
Ramp makes money in two main ways. First, it earns interchange fees every time a customer spends on a Ramp corporate card — a small percentage of each transaction paid by the merchant's bank. Second, it sells software subscriptions through higher tiers like Ramp Plus and enterprise plans, which layer on advanced controls, procurement, travel, and deeper integrations.
Because the core card product is free and the largest share of revenue scales with card spend rather than per-seat licensing, Ramp can credibly position itself as a tool that makes money when its customers save money — aligning its growth with customer cost-cutting rather than against it. That model compounds with scale: as total payments volume climbed from about $22 billion in 2023 to roughly $57 billion, interchange revenue grew alongside it, while the paid software tiers add higher-margin, recurring revenue and deepen lock-in. It's an unusual flywheel — the more Ramp helps customers cut and control spend, the more transactions flow across its cards.
Sources:ramp.com
Who leads Ramp?
Ramp was co-founded in 2019 by Eric Glyman and Karim Atiyeh, who had previously built and sold the consumer savings app Paribus to Capital One. That savings-focused background shows up directly in Ramp's product philosophy and go-to-market.
- Eric GlymanCo-founder & CEOSince 2019Drives Ramp's 'save money, not spend more' strategy and its rapid move from cards into a full finance platform. Previously co-founded Paribus, acquired by Capital One.
- Karim AtiyehCo-founder & CTOSince 2019Leads engineering and the data infrastructure behind Ramp's automation. Co-founded Paribus with Glyman before starting Ramp.
How do you contact Ramp's leadership?
Ramp's leadership use the ramp.com domain with a first-initial-plus-last-name format. The addresses below follow that format.
jdoe@ramp.comSources:Ramp CEO — ClayCrunchbase
How much funding has Ramp raised?
Ramp has raised roughly $3.2 billion in equity across about 15 rounds since 2019, alongside multibillion-dollar debt facilities used to fund the cash it advances on its corporate cards, and was valued at around $44 billion after its June 2026 Series F — making it one of the most valuable private fintech companies in the world.
Its recent rounds show how quickly that valuation climbed. A $150M Series D in April 2024, co-led by Khosla Ventures and Founders Fund, valued Ramp at $7.65B. A $200M Series E in June 2025, led by Founders Fund, lifted it to $16B.
Just weeks later, a $500M round in July 2025 led by Iconiq reached $22.5B, and a $300M round in November 2025 led by Lightspeed pushed Ramp to roughly $32B. In June 2026 it added a $750M Series F at a roughly $44B valuation, led by Iconiq, GIC, and Ontario Teachers' Pension Plan. Across these rounds its backers include Founders Fund, Thrive Capital, Sequoia Capital, General Catalyst, Khosla Ventures, Iconiq, Lightspeed, Coatue, and Stripe — an unusually deep bench of top-tier venture and growth investors, reflecting strong conviction in Ramp's expansion from cards into a broad finance platform.
How did Ramp get here?
Ramp went from a single corporate-card product to a broad finance platform in roughly five years, expanding into a new part of the office-of-the-CFO almost every year.
- 2019Founded in New YorkEric Glyman and Karim Atiyeh start Ramp after selling their previous company, Paribus, to Capital One.
- 2020Corporate card launchRamp ships its corporate card, pitched around helping companies cut spend rather than encourage it.
- 2021Beyond cardsExpands into bill pay and expense management as its valuation climbs rapidly through several rounds.
- 2022–2023Finance operations platformAdds travel, procurement, and treasury, broadening from a card into an office-of-the-CFO suite.
- 2024AI finance automationPushes into AI-driven automation for accounting and finance workflows while deepening enterprise adoption.
Sources:ramp.com
Who are Ramp's competitors?
Ramp competes across several overlapping categories — corporate cards, spend management, and accounts payable — against both venture-backed challengers and long-established incumbents.
- BrexCorporate cards and spend management, originally for startups and now pushing into enterprise.
- Bill.comThe accounts-payable and receivable automation incumbent for small and mid-sized businesses.
- NavanTravel-first expense management paired with a corporate card (formerly TripActions).
- MercuryStartup banking that is expanding into spend management and corporate cards.
- AirbaseMid-market spend management combining cards, AP, and approvals (now part of Paylocity).
Sources:G2 comparisons
Ramp — frequently asked questions
