Where is Ramp located?

Ramp is located in New York City, United States .

Who is the current CEO of Ramp?

Eric Glyman is the current CEO of Ramp.

Is Ramp a funded company?

Ramp is a funded company, its first funding round was on Jun 28, 2019.

When was the latest funding round of Ramp?

Ramp's latest funding round was on Apr 17, 2024.

Is Ramp a Payments company?

The primary sectors of Ramp are Payments, Finance & Accounting Tech, HRTech and Online Travel.

Where does Ramp rank among its competitors?

Ramp ranks 2 amongst 176 active competitors.

Who are the top competitors of Ramp?

Ramp's top competitors are Navan, Brex and Marqeta.

Ramp - 2025 Company Profile, Funding & Competitors - Tracxn

Sectors and market segments that Ramp operate in

Ramp serves in the B2B, SaaS space in the FinTech, Travel and Hospitality Tech market segments.The primary business model of Ramp are:

Company Details

Provider of a spend management and accounts payable solutions. The platform provides corporate cards, expense management tools, and automated accounting features. It streamlines bill processing, integrates with accounting systems, and helps control spending through customizable policies and approval workflows. The platform aims to improve efficiency and reduce manual tasks for finance teams. It also offers travel and procurement solutions.

Website: ramp.com
Social
Email ID: *****@ramp.com
Phone Number: +1 **********

Key Metrics

Founded Year

2019

Location

New York City, United States

Stage

Series D

Total Funding

$1.41B in 11 rounds

Latest Funding Round

Series D, Apr 17, 2024, $156M

Investors

Founders Fund & 44 more

Ranked

2^nd among 176 active competitors

Investment & Acquisitions

Venue & 8 more

Similar Companies

Navan & 725 more

Legal entities associated with Ramp

Ramp is associated with 2 legal entities given below:

Legal Entity Name	Date of incorporation	Revenue	Net Profit	Employee Count
RAMP BUSINESS CORPORATION	Mar 17, 2019	-	410	844
RAMP HOLDINGS INC.	Mar 21, 2006	-	380	411

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Ramp has raised a total funding of $1.41B over 11 rounds. Its first funding round was on Jun 28, 2019. Its latest funding round was a Series D round on Apr 17, 2024 for $156M. 13 investors participated in its latest round, lead by Khosla Ventures and Founders Fund.

Ramp has 42 institutional investors including Founders Fund, Coatue and Stripe. Eric Glyman and 2 others are Angel Investors in Ramp.

Here is the list of recent funding rounds of Ramp:

Date of funding	Funding Amount	Round Name	Post money valuation	Revenue multiple	Investors
Apr 17, 2024	$156M	Series D	$7.65B	-	Khosla Ventures, Founders Fund, Sequoia Capital, Greylock, 8VC, Thrive Capital, General Catalyst, Sands Capital, D1 Capital Partners, Lux Capital, Iconiq Capital, Definition Capital, Contrary
Aug 17, 2023	$339M	Series D	$5.8B	-	Thrive Capital, Sands Capital, General Catalyst, Founders Fund, Lux Capital, Definition Capital
Mar 21, 2022	$550M	Conventional Debt	-	-	Citi, Goldman Sachs

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View details of Ramp's funding rounds and investors

The founders of Ramp are Karim Atiyeh, Gene Lee and Eric Glyman. Eric Glyman is the CEO of Ramp.

View details of Ramp's Founder profiles and Board Members

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Top competitors of Ramp include Navan, Brex and Marqeta. Here is the list of Top 10 competitors of Ramp, ranked by Tracxn score:

Overall Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Navan 2015, Palo Alto (United States), Series G	SaaS-based corporate travel and expense management solution for businesses	$1.28B	Goldman Sachs, Greenspring Associates & 21 others	83/100
2nd	Ramp 2019, New York City (United States), Series D	Provider of a spend management and accounts payable solutions	$1.41B	Goldman Sachs, Citi & 43 others	82/100
3rd	Brex 2017, Draper (United States), Series D	SaaS-driven credit card and spend management solutions platform for businesses	$1.2B	Bank of America, Credit Suisse & 57 others	81/100
4th	Marqeta 2010, Oakland (United States), Public	SaaS-based expense management solutions for businesses	$528M	HTIF, Goldman Sachs & 59 others	74/100
5th	Concur 1988, Bellevue (United States), Acquired	SaaS-driven corporate travel expense & invoice management solution	-	Credit Suisse, IVP & 7 others	74/100
6th	Wright Express 1983, Portland (United States), Public	Provider of employee benefit administration solutions for enterprises	-	First Analysis, Warburg Pincus & 2 others	73/100
7th	Emburse 2002, San Francisco (United States), Acquired	Corporate card and expense management platform for businesses	$1.62M	Bessemer Venture Partners, Sherpalo Ventures & 27 others	70/100
8th	Airbase 2017, San Francisco (United States), Acquired	Procure to pay management software for businesses	$91M	Goldman Sachs, American Express Ventures & 19 others	68/100
9th	Divvy 2016, Lehi (United States), Acquired	Spend management solutions for businesses	$448M	New Enterprise Associates, DFJ & 22 others	67/100
10th	Extend 2017, New York City (United States), Series B	App-based card management and payment solutions for businesses	$68.8M	Wells Fargo, American Express Ventures & 12 others	66/100

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Ramp has made 7 investments in companies including Pylon and Tactic. Ramp has also acquired 2 companies including Venue and Cohere. Here is the list of investments & acquisitions:

Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Jan 30, 2024	Acquisition	Venue	2022	New York City, United States
Jun 26, 2023	Acquisition	Cohere	2020	New York City, United States
Dec 05, 2022	Investments	Pylon	2021	New York City, United States