Ramp, the NYC-based fintech streamlining company spending, has raised a $200M Series E led by Founders Fund, pushing its valuation to $16B. Once known for its corporate card, Ramp now offers an AI-powered platform for every part of the finance stack—from expenses to procurement and treasury.
• Automates expense reports, bill pay, approvals, and accounting workflows
• Acquired Venue to power smarter procurement decisions
• New features include Ramp Treasury (2.5% yield) and Priceline-powered travel booking
• Serves 40,000+ customers, including Shopify, Notion, and Anduril
• Processes tens of billions in annual transactions
• Shipped over 270 product updates in 2025 alone
• Founded in 2019 by serial entrepreneurs Eric Glyman and Karim Atiyeh
• Backed repeatedly by Founders Fund, Thrive, and General Catalyst
• Only ~1.5% market penetration in the U.S.—with runway for much more
Ramp is evolving into the operating system for modern CFOs—automating not just spending, but how finance teams work.
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