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Now powering $55+ billion in annual payment volume, driven by multi-product adoption.
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Ramp AI is enabling the shift from managed financial software to truly autonomous financial operations.
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Accelerates Ramp’s mission to save customers time and money.
Ramp, the leading financial operations platform, announced that new and existing investors including Stripes, GIC, Avenir Growth, Thrive Capital, Khosla Ventures, General Catalyst, Lux Capital, 137 Ventures, and Definition Capital have purchased $150 million in Ramp secondaries from employees and early investors, most recently valuing the company at $13 billion.
Ramp’s evolution into a comprehensive system of operations for finance teams has driven strong results. Ramp has saved customers $2 billion and 20 million hours to date, and now powers over $55 billion in annualized payment volume across card transactions and bill payments, up from $10 billion in January 2023.
With the support of these investors, Ramp is positioned to accelerate its mission and deliver even more value.
Read More : Global FinTech Interview with Steve Cover, CTO, iPipeline
“We’re obsessed with one goal: giving businesses back their time and money,” said Eric Glyman, Co-founder and CEO of Ramp. “Every product we build, every feature we launch, is focused on eliminating financial waste and busywork so companies can run more profitably. AI is fundamentally changing how businesses operate, and we’re ensuring our customers are at the forefront of this transformation.”
Ramp, the leading financial operations platform, announced that new and existing investors including Stripes, GIC, Avenir Growth, Thrive Capital, Khosla Ventures, General Catalyst, Lux Capital, 137 Ventures, and Definition Capital have purchased $150 million in Ramp secondaries from employees and early investors, most recently valuing the company at $13 billion.
Ramp’s evolution into a comprehensive system of operations for finance teams has driven strong results. Ramp has saved customers $2 billion and 20 million hours to date, and now powers over $55 billion in annualized payment volume across card transactions and bill payments, up from $10 billion in January 2023.
With the support of these investors, Ramp is positioned to accelerate its mission and deliver even more value.
“We’re obsessed with one goal: giving businesses back their time and money,” said Eric Glyman, Co-founder and CEO of Ramp. “Every product we build, every feature we launch, is focused on eliminating financial waste and busywork so companies can run more profitably. AI is fundamentally changing how businesses operate, and we’re ensuring our customers are at the forefront of this transformation.”
Read More: Why Small Businesses Must Adapt to a Real-Time Payments Environment
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