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The Internet Compass

Series E · Founded 2019

Ramp

Corporate cards and spend management built around reducing expenditure rather than rewarding it.

New York1,150 employeesCEO Eric Glymanramp.com

Overview

Ramp inverted the corporate card business model: instead of maximising interchange through spend, it markets itself on cutting spend. That positioning drove one of the fastest revenue ramps in fintech.

Key metrics

Annualised revenue
$780M

Estimated

Annualised card volume
$80B
Businesses
40,000+
Customer savings claimed
5% average

Products

Timeline

  1. 2019

    Founded

    Launched a corporate card positioned on spend reduction.

  2. 2022

    Bill pay

    Expanded from cards into accounts payable.

  3. 2025

    Series E

    Valuation reached $16B on rapid revenue growth.

  4. 2026

    Agentic finance

    Automated policy enforcement and vendor negotiation shipped.

Compensation at Ramp

Reported median total compensation by role.

Competitors