Ramp is a modern finance automation platform helping businesses save time and money through streamlined expense management, corporate cards, bill payments, and real-time analytics. Its unified solution supports over 40,000 companies in optimizing financial operations and gaining better visibility into spend.
The company has raised $500 million in a Series E-2 round led by ICONIQ Capital, with participation from Founders Fund, Khosla Ventures, General Catalyst, and others—boosting its valuation to $22.5 billion.
Ramp, headquartered in New York, United States, was founded in 2019 by Eric Glyman, Karim Atiyeh, and Gene Lee. In 2021, the company joined the unicorn club. Reflecting on the company’s rapid progress, CEO and co-founder Eric Glyman stated: “45 days ago, I said, ‘Let the robots chase receipts.’ And we raised $200M to do just that. Today, they’re not just chasing receipts. They’re filing your expenses, booking your travel, paying your invoices, and closing your books. And we’ve raised another $500M at a $22.5 billion valuation to pick up the pace.”