Ramp
About
Ramp is a financial technology company that provides an all-in-one spend management platform for businesses, including corporate cards, expense management, accounts payable, procurement, and business banking. The platform serves over 70,000 businesses and uses AI-powered automation to streamline financial workflows, reduce manual work, and accelerate month-end close. Ramp has saved customers over $12 billion and 27 million hours through its automated finance tools.
Details
VenSearch Intelligence
Ideal Customer
- Ramp's self-described sweet spot is mid-market companies (roughly 25–5,000 employees), though it serves all segments from startups through large enterprises via a tiered product model: a free base plan for small teams, a Plus plan ($15/user/month) for mid-market automation, and a custom Enterprise tier with full ERP integrations and SOX compliance features.
- Mid-market customers include TaskRabbit, Glossier, Sur La Table, and Avelo, while enterprise clients include CBRE, Shopify, and ZipRecruiter.
Key Differentiators
- Ramp's core differentiator is its 'spend less' philosophy — uniquely aligning its business model around helping customers reduce costs rather than maximizing transaction volume, leveraging AI to surface savings insights, flag duplicate or out-of-policy spend, and automate accounting with claimed 98% coding accuracy.
- The platform consolidates corporate cards, expense management, AP automation, procurement, travel, treasury, and accounting into a single AI-native system, replacing the 15–20 fragmented finance tools typical mid-market companies manage.
Industries Served
- Ramp serves a broadly horizontal market across virtually all industries, with documented adoption in Software & Technology, Financial Services, Healthcare & Biotech, Retail & Consumer Goods, Construction & Engineering, Food Products & Manufacturing, Education, Nonprofit Organizations, Professional Services, and the Public Sector.
- Per Capterra data, Non-Profit Organization Management (8%), Computer Software (6%), and Religious Institutions (5%) are among the top verticals by user share.
Service Coverage
- Ramp is primarily a U.S.-based platform, headquartered in New York City with additional offices in Miami and San Francisco, serving a customer base that is predominantly U.S.-incorporated businesses.
- However, Ramp has expanded significantly into global operations: it issues local cards in 30+ countries, supports payments to 185+ countries, and processes transactions in 40+ currencies, with Ramp cards used across 74 countries.
Partnerships
- Ramp integrates with 40+ accounting and ERP systems, including NetSuite (as a certified 'Built for NetSuite' partner), Sage Intacct, QuickBooks, Xero, Microsoft Dynamics 365 (Business Central and Finance & Operations), Acumatica, Oracle Fusion Cloud, and Workday Financials.
- HR and payroll integrations include ADP, BambooHR, Gusto, Workday, Okta, Rippling, Paychex, UKG, and SAP SuccessFactors.
Company Size & Ownership
- Ramp was founded in March 2019 by Eric Glyman (CEO), Karim Atiyeh (CTO), and Gene Lee, and has grown to approximately 1,200–2,500 employees depending on the source, reflecting extremely rapid hiring (500+ new hires in 2024 alone).
- Annualized revenue reached $1 billion by late 2025 and surpassed an estimated $1.5 billion by mid-2026, with total payments volume exceeding $100 billion annualized.
Compliance & Certifications
- Ramp holds an extensive portfolio of compliance certifications, including SOC 1 Type 2, SOC 2 Type 2 (audited annually), ISO/IEC 27001:2022, PCI DSS, FedRAMP Moderate, GovRAMP, TX-RAMP, CCPA, HIPAA, Cyber Essentials Plus, and SOX compliance support.
- Ramp also earned its first ISO/IEC 42001:2023 certification — the international standard for AI management systems — covering AI embedded across all products on the Ramp platform.
Compiled from public sources by VenSearch · Last researched October 14, 2026
Offerings
29 offeringsAccounting Automation
Ramp automatically codes transactions, syncs data to ERPs, and streamlines reconciliation and month-end close. The platform can auto-sync routine in-policy spend with 98% accuracy so close runs continuously rather than piling up at month-end.
Accounts Payable
Ramp streamlines the full accounts payable process from invoice capture to payment execution using AI-powered automation. The platform uses industry-leading OCR to extract invoice data automatically, routes payments through custom approval chains, and sends domestic and international payments via ACH.
ACH Bill Payments
Ramp enables businesses to send domestic and international payments via ACH with fast, secure transfers. Payments can be routed through custom approval chains with configurable rules and real-time notifications.
AI Token Spend Management
Ramp provides tools to track and optimize AI token spend by provider, model, and project. This helps finance teams manage AI spending as one of the fastest-growing line items.
Budgets
Ramp allows finance teams to create and manage budgets across teams, track spending against targets, and prevent overspending. Budget data is available in real time to keep spending aligned with plans.
Business Banking
Ramp offers modern business banking with high-yield checking accounts, automated cash management, zero fees, and no minimums. Bank deposit services are provided by First Internet Bank of Indiana, Member FDIC.
Corporate Cards
Ramp issues physical and virtual Visa corporate cards with granular spend controls, real-time visibility, and automatic transaction coding. Cards can be restricted by vendor, spend limit, and category, and every transaction is automatically reconciled to eliminate manual work.
Expense Management
Ramp automates the full expense reporting and reimbursement process with smart receipt matching, built-in policy enforcement, and multi-level approvals. Employees can submit expenses via mobile, and the platform automatically captures and categorizes spending to reduce manual work.
Global
Ramp supports multi-currency operations and international payments for global businesses. Companies can pay global vendors in USD or foreign currencies, reimburse employees in their local currency within 2 days, and consolidate spend visibility across all entities.
Integrations
Ramp connects with accounting, ERP, and business tools to automatically sync transactions and data in real time. The platform supports enterprise-grade ERP integrations including NetSuite, pulling in custom fields and supporting multiple entities.
Intelligence
Ramp provides AI-powered insights to optimize spending, identify savings opportunities, and improve financial decision making. The platform uses built-in savings intelligence to uncover pricing insights and flag wasteful or out-of-policy spend.
Investment Account
Ramp offers a higher-yield investment account for idle business cash with next-day liquidity and full automation. Portfolios are managed by Moment Advisors, LLC, and securities products are offered by Apex Clearing Corporation.
Invoice Management Software
Ramp extracts invoice data automatically using industry-leading OCR accuracy and intelligent processing. This eliminates manual data entry in the AP process and accelerates close cycles.
Mileage Tracking
Ramp automatically tracks employee mileage, applies the correct reimbursement rate, and processes reimbursement within days with no spreadsheets or manual calculations required. International mileage rates can be set per country with custom rates, currencies, and distance units.
Mobile App
Ramp's mobile app allows employees and finance teams to access corporate cards, submit expenses, and approve requests directly from their phone. The app supports receipt capture and expense submission on the go.
Multi-Entity
Ramp allows businesses to manage multiple entities from one account with entity-level controls, payments, and accounting sync. The platform supports multiple entities in ERP integrations and consolidates global spend visibility across all entities.
Procurement
Ramp centralizes the entire procurement process including vendor management, purchase order creation and tracking, and spend analytics. The platform streamlines vendor onboarding, maintains a centralized vendor database, and provides visibility into all vendor-related spending.
Ramp for Services, Advisory, and Consulting Partners
Ramp offers a partner program for services, advisory, and consulting firms to deploy Ramp's AI-native finance platform for their clients. Partners can leverage Ramp's corporate cards, expense management, automated AP, and ERP sync capabilities to deepen client relationships and open additional advisory opportunities.
Ramp Receivables
Ramp Receivables uses AI to draft invoices, follow up on late payments on the business's behalf, and match cash as payments arrive. It automates the full receivables workflow from invoice creation through cash application.
Ramp Sheets
Ramp Sheets is listed as a product in Ramp's navigation menu. Specific feature details are referenced but not described in depth on the reviewed pages.
Ramp Stack
Ramp Stack deploys AI agents that run accounting work end-to-end, including reconciliations, journal entries, schedule roll forwards, and variance analysis. It is designed to automate core accounting workflows without manual intervention.
Receipt Automation
Ramp automatically captures and matches receipts to transactions using auto-capture and one-click submission. This eliminates manual receipt collection and matching for finance teams.
Reimbursements
Ramp processes employee reimbursements quickly using automated approval workflows. The platform eliminates manual reimbursement processes previously handled through payroll or paper checks.
Reporting
Ramp generates real-time reports on company spending with customizable dashboards and detailed financial insights. Finance teams can analyze spend across entities, vendors, and categories.
Security
Ramp's security features include SSO login for Okta, Google, and Microsoft Azure, MFA for every user, virtual card fraud controls, 24/7 risk analytics monitoring, and encryption at rest and in motion. The platform is SOC 2 Type II certified and PCI compliant.
Spend Management
Ramp provides tools to monitor company spending, enforce policies, and manage budgets with real-time visibility. Finance teams can set spend guardrails, customize compliance policies, flag non-compliant expenses, and control data access across the organization.
Travel
Ramp allows businesses to book flights, hotels, and car rentals directly within the platform with integrated expense tracking. Travel expenses are automatically captured and categorized, custom travel policies are enforced at booking, and all travel-related expenses are aggregated per trip.
Vendor Management
Ramp maintains a centralized database of all vendors with contact information and payment details. Businesses can track vendor performance, manage document versioning, and analyze vendor spending to identify consolidation and negotiation opportunities.
Virtual Cards
Ramp allows businesses to create unlimited single-use or recurring virtual cards with custom spend limits and vendor restrictions. These cards help protect against fraud and theft by restricting charges to specific vendors.
Considering Ramp?
Our team will work with you to determine if Ramp is the right fit for your organization. From research and assessment through procurement negotiation and ongoing vendor management — we handle the entire process at no cost to you.