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Ramp
company
About
Ramp is a finance automation platform that helps businesses spend less time and money.
- 251 - 500
Details
- Last Funding Type
- Debt Financing
- Last Funding Money Raised
- $550M
- Industries
- Finance,Financial Services,FinTech
- Founded date
- Mar 1, 2019
- Number Of Employee
- 251 - 500
- Operating Status
- Active
Ramp (http://www.ramp.com) is building the next generation of finance tools – from corporate cards and expense management, to bill payments and accounting integrations – designed to save businesses time and money with every click. Thousands of businesses are spending an average of 3.3% less and closing their books 86% faster by switching to Ramp’s finance automation platform. Founded in 2019, Ramp powers the fastest-growing corporate card in America and enables billions of dollars of purchases each year on the heels of nearly 10x year-over-year growth.
Funding Rounds
Number of Funding Rounds
Total Funding Amount
4
$1.16B
Ramp has raised a total of
$1.16B
in funding over 2 rounds. Their latest funding was raised on
Mar 21, 2022 from a Debt Financing round.
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| Mar 21, 2022 | Debt Financing | $550M | 1 | — | — | Detail |
| Mar 21, 2022 | Series C | $200M | 3 | — | — | Detail |
| Aug 24, 2021 | Series C | $300M | 3 | — | — | Detail |
| Apr 8, 2021 | Series B | $115M | 1 | — | — | Detail |
Investments
Number of Investments
Number of Lead Investments
2
1
Ramp has made 2 investments. Their most recent investment was on
Sep 27, 2022, when Tactic raised $11M.
|
Date
Company Name
|
Round | Money Raised | Industry | Lead Investor |
|---|---|---|---|---|
|
Sep 27, 2022
Tactic
|
Series Unknown | $11M | Cryptocurrency | — |
|
May 4, 2022
Tactic
|
Seed | $2.60M | Cryptocurrency | Yes |
Investors
Number of Lead Investors
Number of Investors
—
5
Ramp is funded by 5 investors.
Citi
and General Catalyst
are the most recent investors.
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
Citi
|
— | Debt Financing |
General Catalyst
|
— | Series C |
|
|
— | Series C |
Redpoint
|
— | Series C |
Flexport
|
— | Series C |
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