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Ramp

Corporate cards and finance automation

501-1000 employees
  • Fintech
  • B2B
  • Enterprise
  • Financial Services
  • SaaS
  • Automation
E 12th St, New York, New York 10003, US

Company mission

To help finance teams build healthier businesses.

Insights

B Corporation
Top investors

Many candidates hear
back within 2 weeks

77% employee growth in 12 months

Otta's take

Theo Margolius headshot

Theo Margolius

COO of Otta

Ramp provides companies with a dual offering of corporate cards and a spending management dashboard. The dashboard allows companies to oversee their costs, automate manual accounting practices, reimburse out-of-pocket spending, and earn cashback on financial outlays.

Founded in 2019 and coming out of stealth in 2020, the company has already reached a valuation of a whopping $8.1 billion in early 2022. Its clients include several big-name companies including fast-growth health tech startup Ro, Planned Parenthood, and Truebill. 90% of its customers have made the switch from legacy players such as Expensify and Concur, showing that Ramp provides real customer value.

The team that built Ramp is the same one that launched the automated price tracking company Paribus before selling it to Capital One. It is now focused on scoping out more M&A opportunities and boosting its headcount to support investing in its software and going into new verticals.

Benefits

  • Comprehensive medical, dental, and vision insurance
  • One Medical Membership
  • 401(k) including an employer match
  • Unlimited PTO
  • Parental leave
  • Monthly wellness stipend
  • WFH stipend
  • Relocation support to move to NYC
  • Pet Insurance

Company values

  • We win when customers win
  • Amp it up
  • We're one team
  • Ramp is built for everyone
  • Take ownership
  • Grow without fear

Funding (last 2 of 7 rounds)

Aug 2023

$300m

SERIES D

Mar 2022

$200m

LATE VC

$977m

Total funding

This company has top investors

Founders

Studied Economics at Harvard. Was a Trustee at Global China Connection for over 5 years, and then became a Financial Analyst working at Millstein & Co. Co-founded Paribus, which became Capital One.

Studied Computer Science at Harvard, and became a Teaching Fellow. Worked in PowerPoint and Excel at Oliver Wyman. Became an Advisor at One Zero Capital. Founded and served as CTO to Paribus, later sold to Capital One.

Gene Lee

(Co-Founder)

Studied at and became a Research Assistant at the University of Chicago. Was a Marketing Contractor at AdBlock and worked as a Software Engineer at BTCjam. Worked again as a Software Engineer at Paribus and then became Senior Engineering Manager at Capital One.

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