Ramp

Ramp, a corporate card company established in 2019 by Eric Glyman, Karim Atiyeh, and Corey Thomas, is headquartered in San Francisco, California. It caters to businesses of all sizes, offering a range of compelling features. One of its standout attributes is providing corporate cards without spending limits, allowing businesses to spend as needed. Additionally, Ramp cardholders earn 1.5% cash back on all purchases, with the option to redeem these rewards for travel, merchandise, or statement credits. The company also supports expense management, providing tools for real-time expense tracking, budgeting, and reporting. Moreover, Ramp integrates seamlessly with popular accounting software such as QuickBooks and Xero, simplifying expense tracking and account reconciliation.

 

In terms of figures, Ramp boasts over 10,000 customers and a team of over 500 employees. Its impressive growth is reflected in its funding, which has surpassed $1 billion, leading to an impressive valuation of $8.1 billion in 2023. The impact of Ramp on the business world is clear, as it enables organizations to save money and streamline their operations by offering a combination of unlimited spend, rewards, expense management tools, and integration with popular accounting software. This unique value proposition positions Ramp as a one-stop solution for businesses seeking to efficiently manage their corporate cards and expenses.

According to the GICS (Global Industry Classification Standard) version of March 2023, Ramp’s industry classification falls within the following categories:

• Sector: Financials
• Industry group: Financial Services
• Industry: Financial Services
• Sub-Industry: Transaction & Payment Processing Services