Ramp (company)

Ramp Business Corporation
Company typePrivate
IndustryFintech
FoundedMarch 2019; 5 years ago (March 2019)
FoundersEric Glyman (CEO)
Karim Atiyeh (CTO)
Gene Lee
Headquarters28 West 23rd Street
New York, NY 10010
U.S.
ProductsCorporate expense management platform, corporate credit cards
Number of employees
850[1]
Websiteramp.com

Ramp is a Manhattan-based multinational financial technology company that offers corporate charge cards, expense management, and bill-payment software.[2] The company is headquartered in the Flatiron District of New York City.[3]

As of late 2023, Ramp was projected to process over US$13 billion in payments annually.[4] In April 2024, Ramp was valued at $7.65 billion,[5] down from a high of $8.1 billion. Investors in the company include Thrive Capital, Goldman Sachs, Founders Fund, Khosla Ventures, Redpoint Ventures, 137 Ventures, BoxGroup, D1 Capital Partners, and Contrary, among others.[6][7][5][8]

  1. ^ "Ramp | Company Overview & News". Forbes. Retrieved 2024-08-06.
  2. ^ "CNBC Disruptor 50 — 29. Ramp". CNBC. 9 May 2023. Retrieved 11 October 2023.
  3. ^ Nehrign, Abigail (27 September 2023). "Fintech Startup Ramp Doubles Footprint With Move to 28-40 West 23rd Street". Commercial Observer. Retrieved 11 October 2023.
  4. ^ Clark, Kate (17 August 2023). "Ramp's Down Round and Why Startups Should Let Employees Cash Out". The Information. Retrieved 11 October 2023.
  5. ^ a b Azevedo, Mary Ann (2024-04-17). "Ramp raises another $150M co-led by Khosla and Founders Fund at a $7.65B valuation". TechCrunch. Retrieved 2024-05-12.
  6. ^ Biswas, Pritam (22 August 2023). "Fintech firm Ramp raises $300 mln at lowered valuation of $5.8 bln". Reuters. Retrieved 11 October 2023.
  7. ^ "Ramp announces Series D-2 capital raise". Ramp. Retrieved 2024-04-29.
  8. ^ "Sell or Invest in Ramp Stock Pre-IPO". Nasdaq Private Market. Retrieved 2024-07-30.