Key Investors and Partners
Other notable investors include Thrive Capital, D1 Capital Partners, General Catalyst, GIC, ICONIQ Growth, Khosla Ventures, Sands Capital, 8VC, Lux Capital, Stripes, 137 Ventures, Avenir Growth, and Definition Capital.
Ramp’s Core Features
Ramp is a financial operations platform that serves clients such as CBRE, Shopify, Anduril, Notion, Cursor, Vercel, Barry’s, and MAGNA-TILES. The company offers services like corporate cards, expense management, bill payments, procurement, travel booking, and treasury.
Vision and Mission
Ramp aims to build a financial operations platform that automates mundane tasks, freeing up the creative potential of human workers for innovation. The company believes in leveraging AI responsibly, focusing on areas where technology can enhance efficiency without diminishing the value of human input.
Efficiency and Innovation
Ramp’s representatives describe the platform as a silent catcher of hours and funds, designed to help businesses accomplish more with less effort. Since its inception, Ramp has doubled the percentage of employee expense reports completed without human intervention, aiming to eliminate traditional expense reporting methods.
The company claims that it has reduced administrative task processing time by over 50%, covering areas such as reviewing expenses, approving trips, paying bills, and moving deposits. Every support ticket is seen as an opportunity for improvement, leading to a 34% drop in customer contacts while users reportedly achieve three times more work done per minute spent on the platform compared to two years ago.
AI Integration
With over half of its payroll dedicated to research and development, Ramp is at the forefront of integrating advanced AI technologies. Since early 2025, the company has launched more than 270 features built using AI, covering aspects like card and expense management, procurement, and treasury.