Founders Fund, Redpoint Ventures, Lux Capital, Spark Capital, General Catalyst, Coatue, Contrary Capital, Sands Capital
Traction
Ramp has 300,000+ users (~13,000 companies), processes $10 billion annually, and supports 195 countries and 40+ currencies. Customers include Deel, Faire, Quora, Waymo, Attentive, Glossier, Eight Sleep, and Betterment.
As of August 2023, Ramp has surpassed $300 million in annualized revenue.
As of August 2023, Ramp serves 15,000 businesses, up from 5,000 in March.
Between March 2022 and August 2023, Ramp increased its customer base by 4x and annual purchase volume by 6x.
As of August 2023, the average Ramp customer spends 3.5% less after joining.
As of July 2023, Ramp’s saving insights, pricing intelligence, and expert negotiators have saved companies over $600 million and 8.5 million hours.
Between January 2023 and July 2023, Ramp's customers with international operations increased by 2x.
Ramp announced a partnership with Amazon Business to help streamline business purchasing and help customers save time and money.
Leadership
Eric Glyman: Co-Founder & CEO of Ramp. Former Co-Founder & CEO of Paribus.
Karim Atiyeh: Co-Founder & CTO of Ramp. Former Co-Founder & CTO of Paribus.
Colin Kennedy: Chief Business Officer at Ramp. Former Global Head of Partnerships at Stripe.
Geoff Charles: VP of Product at Ramp. Former Group Product Manager at Mission Lane.
Gene Lee: Co-Founder at Ramp. Former Senior Engineering Manager at Capital One.
