Ramp
New York finance platform offering corporate cards, expense management, bill payments and procurement for more than 85,000 businesses. It announced a 1.85 billion dollar round at a 60 billion dollar valuation in October 2026.
Industry: Corporate cards and spend management | Location: New York, United States | Founded: 2019 | Total Funding: USD 4B
About Ramp
Ramp, legally Ramp Business Corporation, is a spend management and finance platform headquartered in New York. Its website lists corporate cards, expense management, bill payments, procurement, accounts payable, travel and banking, with AI agents for finance workflows. The company says it serves more than 85,000 businesses, and card issuance runs through partner banks including Celtic Bank, Column, Sutton Bank and Lead Bank in the United States.
Eric Glyman, Karim Atiyeh and Gene Lee founded Ramp in 2019, according to Wikipedia. Glyman and Atiyeh had earlier founded Paribus, which Capital One acquired in 2016. On 25 June 2026 Ramp named Glyman and Atiyeh co-chief executives and Rahul Sengottuvelu chief technology officer. Sengottuvelu joined about three years earlier when Ramp acquired his company, Cohere.
Ramp has added products beyond cards. In October 2026 it described Glass, an AI workspace, Ramp Accounts Receivable, AI token spend management and Router.com, which routes inference requests by performance and cost. TechCrunch reported that it entered model routing in August 2026. Its release named Visa, Uber, Shopify, Robinhood, Notion and Cursor among customers.
Ramp's funding history includes a 115 million dollar Series B in April 2021 at a 1.6 billion dollar valuation and a 300 million dollar Series C in August 2021 at 3.9 billion, led by Founders Fund. In 2025 it raised 200 million dollars at 16 billion in June, 500 million at 22.5 billion in July and 300 million at 32 billion in November, the last led by Lightspeed. On 4 June 2026 it announced a 750 million dollar Series F at 44 billion, led by ICONIQ, GIC and Ontario Teachers' Pension Plan. On 15 October 2026 it announced 1.85 billion dollars at a 60 billion dollar valuation, led by Dragoneer with Thrive Capital, Founders Fund, Sands Capital and Avenir Growth as co-leads. The company says it has raised about 5 billion dollars in equity.
As of 1 October 2026 Ramp reported annualized revenue above 2 billion dollars, including interchange, subscription and interest income, positive cash flow and annualized purchase volume above 275 billion dollars.
Leadership
- Eric Glyman, Co-founder and Co-Chief Executive Officer
- Karim Atiyeh, Co-founder and Co-Chief Executive Officer
- Gene Lee, Co-founder and Chief Product Officer
- Rahul Sengottuvelu, Chief Technology Officer
- Colin Kennedy, Chief Business Officer