Ramp (company)

Ramp is a U.S.-based financial technology company founded in 2019.[1] The company was formally launched in February 2020.[2]

Ramp
TypePrivate
IndustryFinancial technology
Founded2019 (2019)
FounderEric Glyman, Karim Atiyeh, Gene Lee[1]
HeadquartersNew York City, New York, United States
ProductsCorporate expense management platform, corporate credit cards
Websiteramp.com

Ramp offers business charge cards, expense management, and bill payment tools.[1] As of late 2023, the company was projected to process over $13 billion in payments annually.[3]

As of August 2023, Ramp was valued at $5.8 billion, down from a high of $8.1 billion. Investors in the company include Thrive Capital, Goldman Sachs, and Redpoint Ventures, among others.[4]

The company's headquarters are in the Flatiron District of Manhattan, New York City.[5]

References

  1. "CNBC Disruptor 50 — 29. Ramp". CNBC. 9 May 2023. Retrieved 11 October 2023.
  2. Son, Hugh (24 August 2021). "Corporate card start-up Ramp more than doubles valuation in five months to $3.9 billion". CNBC. Retrieved 11 October 2023.
  3. Clark, Kate (17 August 2023). "Ramp's Down Round and Why Startups Should Let Employees Cash Out". The Information. Retrieved 11 October 2023.
  4. Biswas, Pritam (22 August 2023). "Fintech firm Ramp raises $300 mln at lowered valuation of $5.8 bln". Reuters. Retrieved 11 October 2023.
  5. Nehrign, Abigail (27 September 2023). "Fintech Startup Ramp Doubles Footprint With Move to 28-40 West 23rd Street". Commercial Observer. Retrieved 11 October 2023.
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