Ramp

What Ramp does

Ramp is a financial technology company that develops an all-in-one corporate spend management platform combining corporate cards, expense management, accounts payable, travel booking, procurement, and accounting automation into a single unified system. The platform is built around AI agents trained on transaction patterns from 70,000+ customer businesses — including a Policy Agent that reviews 100% of expenses, four AP agents handling auto-coding (99% OCR accuracy), fraud prevention, approval routing, and payment, and a procurement agent fleet for vendor sourcing and contract review. Native integrations with QuickBooks, Xero, NetSuite, Sage Intacct, Workday, and Oracle enable bidirectional ERP sync. Additional products include Ramp Banking (FDIC-insured), Ramp Investment Account (automated fixed-income via Moment), AI Token Spend Management, Stablecoin Accounts (USDC/USDT via Privy/Bridge/Stripe), and Ramp Stack — an AI operating system for accounting firms. The platform processes over $200 billion in annualized purchase volume.

The company operates a freemium model: a free tier monetized through interchange fees on card transactions (with up to 5% cashback), a Plus tier at $15/user/month with a 20% annual discount unlocking AI-driven expense reviews and advanced AP, and custom-priced Enterprise tier with Workday/Oracle integrations and local currency card issuance in 40+ countries. GTM combines product-led self-serve acquisition, direct enterprise sales, and channel distribution via TD SYNNEX. Customer segments span SMBs and mid-market (primary) up to large enterprises including Visa, Uber, Shopify, Figma, Notion, and Quora.

Ramp is headquartered in New York and was founded in 2019. The company employs 1,001-5,000 people, serves 70,000+ businesses across 180+ countries, reports over $1 billion in annualized revenue with positive free cash flow, and reached a $44 billion valuation in June 2026 following a $750 million Series F led by ICONIQ, GIC, and Ontario Teachers' Pension Plan. The company has expanded internationally via its Billhop acquisition (London, Stockholm) and continues to release AI-native products targeting new verticals including accounting firms and AI-heavy enterprises.

Name

Ramp

Legal name

Ramp

Website

https://ramp.com

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Ramp is a financial technology company that provides an AI-powered all-in-one corporate spend management platform combining cards, expenses, accounts payable, travel, procurement, and accounting automation. It serves 70,000+ businesses from SMBs to enterprises including Visa, Shopify, and Notion.

Ownership category

akta.pro rank

Product category

Corporate Spend Management Software

NAICS

Activities Related to Credit Intermediation (5223)

SIC

Services-Prepackaged Software (7372)

akta.pro primary industry

Merchant-of-Record (MoR) & Payment Facilitation (PayFac) Infrastructure (FSAGABAE)

akta.pro secondary industry

End-to-End Enterprise AI Platforms (MLOps & Model Lifecycle Management) (HDAEANAA)

Keywords

• Corporate spend management
• Expense management software
• Accounts payable automation
• Financial operations platform
• Corporate cards

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure

Revenue model

1. Interchange Fees from Card Transactions: Primary revenue driver from the free tier. Ramp offers unlimited corporate cards with up to 5% cashback and partner offers, funded entirely by interchange fees collected on card transactions. This allows free core product while generating substantial revenue from transaction volume.
2. Subscription Revenue (Plus and Enterprise Tiers): Plus tier at $15/user/month plus platform fee with 20% annual discount, and Enterprise tier at custom pricing. Paid tiers unlock advanced features including AI-driven expense reviews, advanced AP workflows, multi-entity support, and priority support.
3. AI Token Spend Management: New revenue stream from tracking and managing AI spending. Ramp aggregates usage data from AI providers to help finance teams attribute token-based spending to teams, projects, and use cases, charging for visibility and optimization features.
4. AP Cashback Programs: Ramp Bill Pay enables customers to earn cashback on accounts payable spend by routing vendor payments through cashback-eligible methods such as virtual cards. Ramp paid out over $6.5 million in cashback to customers in 2025.
5. Investment Account Revenue: Ramp Investment Account offers automated fixed-income portfolios with yields up to 4.09% YTM, generating revenue through partnerships with Moment Advisors (SEC-registered investment adviser) and fee sharing on invested assets.

Pricing tiers

Go-to-market motion3 records

Distribution channels8 records

Marketing channels10 records

Core offering

Ramp is an all-in-one corporate spend management platform that combines unlimited corporate cards, expense management, accounts payable, travel booking, procurement, and accounting automation into a single unified system with AI-powered automation. The platform serves over 70,000 businesses with a freemium core tier monetized through interchange fees on card transactions, plus paid Plus and Enterprise subscription tiers unlocking advanced AI workflows.

Product overview

Ramp is an all-in-one spend management platform that combines corporate cards, expense management, accounts payable, travel, procurement, and accounting automation into a single unified system. The core platform includes Corporate Cards, Expense Management, Accounts Payable, Travel, Procurement, Ramp Intelligence, Accounting Automation, and Ramp Banking. Additional modules include the AI-powered Ramp Stack for accounting firms, Applied AI Solutions for enterprise AI deployment, AI Token Spend Management for tracking AI provider costs, and the Ramp Investment Account for automated fixed-income portfolio management. Ramp serves 70,000+ businesses across various sizes, offering a Free tier, Plus tier ($15/user/month), and Enterprise tier with custom pricing. Recent acquisitions include Billhop (UK/EU payments), Juno (guest travel), and Midday (open-source business management). The platform integrates natively with major ERP systems including QuickBooks Online, Xero, NetSuite, Sage Intacct, Workday, and Oracle, and processing $200 billion in annualized purchase volume.

Differentiator

Problem solved

Functional benefit

Brands

• Ramp Stack: AI-powered accounting platform for CPA firms, automating monthly close, cash reconciliation, and journal entries
• Ramp Intelligence
• Ramp Banking
• Applied AI Solutions
• Ramp AI Index
• Ramp Procurement
• Token Spend Management

Products and services

• Ramp Corporate Cards

Quantifiable outcome

• Customers save 27M+ hours collectively; close books 75% faster; run intake-to-pay 3x more efficiently
• +10 more outcomes

Named customers17 records

Segments8 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration14 records

AI capability10 records

Feature10 records

Partnerships

Eleven partnerships are on record, tiered secondary, core and minor.

• Accounting SeedsecondaryTechnology or Integration · 24 June 2026Accounting Seed launched a new integration with Ramp that automatically syncs card transactions, vendor payments, and employee reimbursements to the general ledger, eliminating manual reconciliation. Integration enables finance teams to close faster with pre-coded transactions, apply AI-based GL coding, and gain real-time spend visibility across North America, EMEA, and APAC regions. Integration is first of many planned integrations as Accounting Seed expands as an open, AI-native accounting platform.
• StripesecondaryTechnology or Integration · 10 June 2026Both Ramp and Stripe expanding AI commerce infrastructure. Stripe unveiled AI agent payment capabilities at its Sessions conference. Ramp and Stripe both addressing AI billing infrastructure and token-based payments.
• MomentcoreStrategic or Co-development Partner · 9 June 2026Strategic partnership to bring institutional-grade cash management and fixed income portfolio access to finance teams directly within Ramp's platform. Combines Moment's fixed income infrastructure (powers trading for firms managing over $10 trillion in assets) with Ramp's financial operations tools. Enables automated treasury management that previously required weeks of onboarding to be completed in minutes. Partnership is live with over $1 billion in new deposits added to Ramp's Investment Account within the past three months. Both companies working toward fully automated treasury lifecycle where cash moves programmatically between operating and investment accounts without manual intervention.
• TD SYNNEX (Distribution Agreement)coreChannel Partner/ Reseller/ Distributor · 9 June 2026TD SYNNEX announced distribution agreement adding Ramp's spend-management platform to its channel, expanding access for U.S. resellers, managed service providers, and enterprise IT buyers. Partnership positions TD SYNNEX as broader one-stop hub for technology procurement and risk management.
• VisacoreStrategic or Co-development Partner · 4 June 2026Deepened partnership with Visa for autonomous corporate payments. Partnership enables AI agents to execute autonomous corporate payments on Ramp's platform. Ramp is expanding Visa partnership for AI-powered corporate bill pay automation, positioning Ramp as financial infrastructure for AI agent commerce.
• Stanford AthleticsminorGTM or Marketing Partner · 27 May 2026Multi-year partnership naming Ramp the official expense management partner of Stanford Athletics. Ramp will be implemented across 36 varsity programs supporting nearly 900 student-athletes. Partnership includes in-venue signage at Stanford Stadium and Maples Pavilion, digital integrations, and a content series focused on Stanford student-athletes.
• TD SYNNEXcoreChannel Partner/ Reseller/ Distributor · 26 May 2026Strategic partnership making Ramp available through TD SYNNEX's authorized reseller network in the United States. TD SYNNEX becomes an authorized distributor of Ramp's all-in-one platform for corporate cards, expenses, bill payments, procurement, and accounting. Partnership expands Ramp's reach into one of the world's largest technology channels. Collaboration across partner enablement, demand generation, sales support, and customer success.
• Boys & Girls Clubs of AmericaminorGTM or Marketing Partner · 7 May 2026Boys & Girls Clubs of America expanding partnership with Ramp to more than 1,100 local Clubs across its network. Ramp provides centralized financial operations platform that centralizes spending information, reduces manual reconciliation, and gives teams real-time visibility into spending. Existing 80+ Clubs using platform have returned over 18,000 hours of administrative time.
• OnPaysecondaryGTM or Marketing Partner · 5 May 2026Partnership to help small businesses streamline operations by combining OnPay's payroll and HR services with Ramp's finance automation features. Mutual clients receive exclusive benefits including discounted payroll services and $500 bonus for switching platforms. Both companies exploring future collaborations including OnPay sponsoring Ramp's annual OnRamp conference.
• Sacramento KingsminorGTM or Marketing Partner · 29 April 2026Strategic partnership announcement with Sacramento Kings. Nature and scope of partnership not specified in available source material.
• Consero GlobalsecondaryImplementation/ SI/ Consulting Partner · 27 April 2026Strategic partnership to deliver AI-powered accounts payable automation and intelligent spend controls to mid-market clients through Consero's Fusion Lab innovation hub. Integrates Ramp's AP workflows with Consero's AI-native general ledger environment led by Rillet. Partnership enables automated invoice processing, smarter spend controls, and accelerated month-end close, helping finance teams shift from reactive reporting to real-time decision-making.

Scale indicators11 records

Recent moves7 records

Expansion highlights7 records

Direct peers

• Brex: Direct competitor combining corporate cards, expense management, and bill pay for SMBs and enterprises. Most head-to-head competitor in the AI-native spend management category, with comparable PLG motion and interchange-funded free tier.
• Bill.com: Public B2B AP and bill pay platform directly competing with Ramp's AP offering. Ramp markets itself as requiring 7x fewer clicks than Bill.com for invoice processing.
• Navan: Corporate travel and expense management platform directly competing with Ramp Travel and Expense. Combines travel booking with card and expense workflows for similar SMB/mid-market customers.
• Airbase: Spend management platform combining corporate cards, AP, and expense management for mid-market companies. Competes for the same AI-first, all-in-one positioning as Ramp.
• Expensify: Public expense management platform competing with Ramp's expense product. Historically strong in SMB expense reports; Ramp positions its autonomous Policy Agent as a step-change replacement.
• Spendesk: European spend management platform combining cards, AP, and expense for SMBs and mid-market. Direct competitor for Ramp's UK and EU expansion plans following the Billhop acquisition.

Broad incumbents

• SAP Concur: Enterprise expense management and travel platform owned by SAP. Competes at the high end of Ramp's enterprise tier with deeper ERP integrations and longer-tenured enterprise relationships; Ramp cites customers replacing Concur (e.g., ABB Optical Group).
• Coupa Software: Enterprise procurement and spend management platform. Directly competes with Ramp's procurement and AP offerings at the enterprise tier, with broader source-to-pay capabilities but heavier implementation cycles.
• American Express Business: Established corporate card issuer competing with Ramp's card product at the enterprise and middle-market tier. Differentiates on card rewards and brand rather than integrated software workflows.

Emerging players

• Procurify: Mid-market procurement and AP platform with partial product overlap to Ramp's procurement module. Smaller scale and narrower scope, but competitive in the procurement-only evaluation set.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/ramp
• Xx.com/tryramp
• Facebookfacebook.com/rampcard

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Subsidiaries3 records

Funding overview

Funding rounds17 records

Investors76 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A6 records

Investments11 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Ramp