Ramp, a NYC based financial operations platform, announced that new and existing investors including Stripes, GIC, Avenir Growth, Thrive Capital, Khosla Ventures, General Catalyst, Lux Capital, 137 Ventures, and Definition Capital have purchased $150m in Ramp secondaries from employees and early investors, most recently valuing the company at $13 billion.
Founded in 2019 and led by Eric Glyman, Ramp is a financial operations platform which combines payments, corporate cards, vendor management, procurement, travel booking, and automated bookkeeping with built-in intelligence to maximize the impact of every dollar and hour spent. Over 30,000 customers, from family farms to space startups, have saved $2 billion and 20 million hours with Ramp.
Key Milestones in the period January 2024 – January 2025 include the following:
- Launched three marquee product lines: Ramp Procurement, Ramp Travel, and Ramp Treasury.
- Introduced the Ramp App Center, with 200+ integrations from 75+ technology partners.
- Automated 100+ million business workflows including approvals, auto-coded accounting records, and more.
FinSMEs
03/03/2025