Corporate card and spend management platform for modern finance teams.
Ramp Financial Technologies provides a next-generation spend management platform and corporate card solution aimed at helping businesses optimize their expenses, automate accounting workflows, and analyze spending trends. Ramp leverages real-time data and AI-driven tools to empower finance teams to make smarter, more efficient decisions, drive savings, and enforce policy compliance.
competitors.competitorDetail.metrics.missionStatement
To save businesses money and time by automating finance operations and providing unrivaled spend control.
competitors.competitorDetail.metrics.visionStatement
Revolutionize corporate spending by making every dollar and decision intelligent, automated, and secure.
competitors.competitorDetail.metrics.foundedYear
2019
competitors.competitorDetail.metrics.ceo
Eric Glyman
competitors.competitorDetail.metrics.employees
400-600
competitors.competitorDetail.metrics.revenue
$150M - $200M
competitors.competitorDetail.metrics.headquarters
71 5th Ave, New York, NY 10003
competitors.competitorDetail.metrics.marketShare
Estimated 5% in US corporate spend management SaaS
competitors.competitorDetail.metrics.usp
Comprehensive, zero-fee spend management platform delivering guaranteed savings and automation.
competitors.competitorDetail.metrics.pricingModel
No subscription fees; earn revenue through interchange and premium partner services.
- Ramp Corporate Card
- Ramp Bill Pay
- Ramp Vendor Management
- Ramp Expense Automation
- React
- TypeScript
- Node.js
- AWS
- PostgreSQL
- Snowflake
- Python (AI/ML integrations)
competitors.competitorDetail.metrics.marketPositioning
Premium, automation-first spend management for fast-growing businesses prioritizing savings and efficiency.
- Tech startups
- Mid-sized SaaS companies
- Modern finance teams
- Professional service firms
- Direct SaaS sales
- Referral partnerships
- Finance & SaaS marketplaces
- Thought leadership via webinars and podcasts
- Targeted content marketing (case studies, whitepapers)
- Referral and affiliate programs
- Industry event sponsorships
- Strategic partnerships with accounting firms
- Visa (Card Issuing Network)
- QuickBooks (Accounting Integration)
- Xero (Accounting Integration)
- Corporate charge cards with no fees
- AI-powered spend insights
- Automated receipt matching and policy alerts
- Advanced accounting integrations (QuickBooks, NetSuite, Xero)
- Bill payments and vendor management
- User-friendly interface and quick onboarding
- Automated expense categorization and policy enforcement
- Significant cash-back and savings insights
- Real-time reporting and analytics integrations
- Primarily focused on US-based companies
- Limited international card support
- Some advanced features only available on higher plans
- Expand global reach and international currency support
- Integrate further with ERP and accounting systems
- Launch additional AI-driven finance automation tools
- Strong competition from larger financial technology firms
- Regulatory changes in financial services
- Potential rise in fraud and security risks
competitors.competitorDetail.metrics.growthRateYOY
80%
competitors.competitorDetail.metrics.profitMargin
22%
competitors.competitorDetail.metrics.customerAcquisitionCost
$500 - $800 per customer
competitors.competitorDetail.metrics.customerLifetimeValue
$8,000 - $12,000
competitors.competitorDetail.metrics.churnRate
1% monthly
competitors.competitorDetail.metrics.fundingStage | competitors.competitorDetail.metrics.fundingAmount | competitors.competitorDetail.metrics.fundingDate |
---|---|---|
Seed | $7M | 2019-03-01 |
Series A | $30M | 2020-02-12 |
Series B | $115M | 2021-03-23 |
Series C | $300M | 2022-08-25 |
- Results-driven and mission-oriented
- Emphasis on transparency
- Collaboration between technical and financial experts
- Employee growth and mentorship programs
- Forbes Fintech 50 (2023) - Forbes
- CB Insights Fintech 250 (2022) - CB Insights
- Best Corporate Card (2023) - NerdWallet
competitors.competitorDetail.news.title | competitors.competitorDetail.news.publishedOn | competitors.competitorDetail.news.readMore |
---|---|---|
Ramp Launches Bill Pay to Streamline Accounts Payable | 2023-06-20 | TechCrunch |
Ramp Raises $300M Series C to Expand Platform SaaS Offerings | 2022-08-25 | Forbes |