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Ramp Reviews

New York, New York

5.0/ 5

1 review

Ramp Business Corporation is an American multinational financial technology company that offers a comprehensive financial operations and spend management platform designed to help businesses optimize their spending. Founded in March 2019 by Eric Glyman (CEO), Karim Atiyeh (CTO), and Gene Lee, the company is headquartered in New York City, with additional major office hubs in Miami and San Francisco. The co-founders previously created the price-tracking application Paribus, which was acquired by Capital One in 2016. Ramp's core platform integrates corporate charge cards, automated expense management software, bill payment solutions, procurement tools, vendor management, and business travel booking into a single full-stack finance operating system. The platform is designed to replace manual accounting workflows, enforce corporate spending policies, flag unusual transactions, and automate routine financial decisions using embedded artificial intelligence. For instance, the company introduced features like "Accounting Agent" to automate bookkeeping processes and "Ramp Budgets" for real-time tracking. The company operates a multi-tiered business model. Its standard plan is free of charge, offering unlimited cards, expense management tools, and accounting software synchronization, with revenue primarily generated through merchant interchange fees. It also offers paid subscription tiers, including Ramp Plus, which includes advanced multi-entity workflows, global expense capabilities across different currencies, and smart procurement automation, as well as an Enterprise tier tailored for larger corporate requirements. Ramp has experienced rapid financial scaling and valuation growth since its inception, quickly achieving unicorn status within two years. By late 2025, the company's valuation reached $32 billion, supported by institutional investments from prominent venture capital and financial firms, including Founders Fund, Coatue Management, D1 Capital Partners, Stripe, General Catalyst, Thrive Capital, Goldman Sachs, and Citi. For the fiscal period ending in late 2025, Ramp reported that its annualized revenue run rate reached $1.0 billion, a doubling from the $500 million reported in 2024, alongside achieving positive cash flow. The platform serves a diverse customer base expanding to over 50,000 businesses by 2026, including notable technology firms such as Shopify, Figma, Notion, Perplexity, and Anduril. According to corporate metrics, the platform processes tens of billions of dollars in transaction volume annually. Ramp's broader operational impact includes launching dedicated platforms for state and local government entities, such as Ramp for Public Sector, and expanding its capabilities through strategic international acquisitions, such as the purchase of the financial platform Billhop in early 2026. The company employs thousands of people across its hybrid workforce workspace locations.