Ramp deepens the investor bank, the evaluation increases to $ 13 billion

• Now operated $ 55 billion in annual payment volume, which are controlled by the introduction of several products.
• Ramp AI enables the handling of Managed Financial Software to really autonomous financial transactions.
• Accelerates Ramp’s mission to save time and money.

NEW YORKPresent March 3, 2025 / Prnewswire/ – rampThe leading platform for financial businesses announced that new and existing investors such as stripes, GIC, Avenir growth, Thrive Capital, Khosla Ventures, General Catalyst, Lux Capital, 137 Ventures and Definition Capital $ 150 million In ramp seconds of employees and early investors who recently evaluate the company $ 13 billion.

The development of ramp into a comprehensive operating system for financial teams has achieved strong results. Ramp saved customers $ 2 billion and 20 million hours until today and now superiority 55 billion US dollars In the annualized payment volume across card transactions and invoice payments, after 10 billion dollars In January 2023.

With the support of these investors, Ramp is positioned to speed up their mission and deliver even more value.

“We are obsessed with one goal: to return your time and money back” Eric GymanCo -founder and CEO of Ramp. “Every product that we build, every function that we bring onto the market focuses on the elimination of financial waste and employment work so that companies can run more profitable. AI fundamentally changes the way companies work, and we ensure that our customers are at the top of this transformation.”

Key milestones (January 2024 – – January 2025)))
Ramp reached the following milestones last year:

Multi-product innovation and introduction

• Start three marquee product lines: Ramp procurementPresent Ramp tripsAnd Ramp treasury.
• Introduced the Ramp App CenterWith over 200 integrations of over 75 technology partners.
• Over 30% of the introduction of Ramp Plus, the company’s premium software level, under new customer cohorts.
• Automated more than 100 million business working processes, including permits, automatically coded accounting documents, and much more.

Financial dynamics

• Transferred 55 billion US dollars in the annualized payment volume across card transactions and invoice payments.
• Continued to scale and burn less efficiently than $ 2m Average per month in 2024.

Customer effects

• Doubled the time and the money that were saved for customers to 2 billion US dollars and more than 20 million working hours.
• Grew to over 30,000 US companies and welcomed new customers including CBREPresent CrumblPresent PerformancePresent OlipopPresent Pave AmericaPresent Specialists for socketsPresent SbarroPresent CoincidencePresent VantaPresent Ziprecruiterand more.
• The still larger and more complex customers served and active company logos doubled.

“The ability of Ramp to carry out several product lines and at the same time maintain exceptional growth and efficiency in a scale in an elite class of software companies and illustrates the focus of Stripes on really amazing products and teams that are obsessed with the interest rate for customers over time,” says “, says”, “says”, ” Ken FoxFounder and managing director at Stripes. “With the AI, which is embedded deep in the roadmap, Ramp is uniquely positioned to guide the next wave of automation over the full stack of financial business.”

Multi -product platform for financial companies
The average finance team with a medium market has 15 to 20 different tools to carry out their daily operations. This fragmented approach creates unnecessary complexity and inefficiency, especially when companies grow.

Ramp deals with this challenge by providing a comprehensive financial solution that summarizes various point solutions to a single platform and increasingly operates the financial tech stack within companies.

“With Ramp we were able to unlock a large part of our team’s capacity in terms of cost management and use it in other options,” says Kaustubh KhandelwalVP of Finance in Poshmark. “As a result, we exceeded our Free Cashflow targets and achieved it instead of twelve within seven months.”

Since the start with a company card in 2019, Ramp has expanded to six different product lines, with cost management, invoice payments, procurement, travel booking and the Ministry of Finance added. Three of these product lines were launched last year and almost half of the ramp customers now use more than one product.

AI-powered efficiency for companies
Ai transforms software from passive tools into systems that can both think and act. Ramps illustrate this by operating in the transaction layer – not only suggests improvements, but also implemented automatically. Just as autonomous vehicles transport the transport from tax assisted to self -driving, the AI ​​of Ramp enables the changeover of managed financial software to really autonomous financial transactions.

This is brought to life in a real way for companies:

• Barry’sThe Boutique Fitness company has reclaimed 400 hours a month from the cost of automation and thousands of dollars in the direction of its profit by characteristics that prevent excessive expenses.
• Boys & Girls Club of AmericaA leading non -profit organization of national youth development achieved savings of 50 hours a month with automation that makes cost reports effortless.
• PoshmarkA leading fashion marketplace reached your Free Cashflow targets 5 months before the schedule by redirecting the energy of your team for strategic projects and not the administrative burden.
• Precision neurosciencesA medical technology company achieved 50% faster procurement cycles through digitization and automation of order permits.
• Rustic canyonA California-Based restaurant group with over 8+ locations, were returned per month by optimized accounting workflows on 5 working days.

“Over the next five years, we will look back on how companies will lead their finances today, and it will feel as out of date as manual accounting,” said Gyman. “In the future of financing, it is not about managing more software – it’s about software that actually does work. We are doing that.”

Construction of the future of financial transactions
With over 30,000 customers less than 5 years after the start of his first product, Ramp is just starting. The company builds on its strong dynamics and plans to accelerate product development in 2025, with the focus on expanding its AI skills and the introduction of new product lines.

“We are technological breakthroughs at the beginning of an unprecedented wave. The companies that are most important Kareem ZakiPartner at Thrive Capital. “Ramp has made this calm since the first day – processes that took hours and reduced them to seconds with the aim of helping companies to run more efficiently and profitable. That is the type of practical innovation that creates permanent value.”

Over ramp
Ramp is a financial operating platform that should save companies time and money. Our all-in-one solution combines payments, company cards, supplier management, procurement, travel booking and automated bookkeeping with integrated intelligence to maximize the effects of every dollar and every hour. Over 30,000 customers, from family farms to space startups, have saved $ 2 billion and 20 million hours with ramp. Ramp was founded in 2019 and enables tens of billions of purchases every year. Find out more at www.ramp.com.

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