About Ramp
Ramp is a company based in New York (United States) founded in 2022 by TK Kong was acquired by Ramp in January 2024. It operates as a SaaS (Software-as-a-Service) and Subscription Services. Ramp has raised $1.2 million across 1 funding round from investors including Ramp, Pathlight Ventures and Sequoia Capital. The company has 207 employees as of December 31, 2021. Ramp offers products and services including Ramp Procurement, Corporate Cards, and Expense Management. Ramp operates in a competitive market with competitors including BirchStreet Systems, PayEm, Concertiv, BuyerQuest and Omnea, among others.
- Headquarter New York, United States
- Employees 207 as on 31 Dec, 2021
- Founders TK Kong
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Sectors
Technology
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Phone
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- Legal Name Ramp Business Corporation
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Products & Services of Ramp
Ramp offers a comprehensive portfolio of products and services, including Ramp Procurement, Corporate Cards, and Expense Management.
Procurement processes are automated from intake to payment.
Corporate cards are provided for business expense management.
Expense tracking is streamlined for business financial control.
People of Ramp
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Sales and Marketing
36 people
Software Development Team
35 people
Leadership Team
32 people
Account Team
20 people
Finance and Accounting
18 people
Senior Team
17 people
Manager Team
14 people
Data Analysis and Operations Team
11 people
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Funding Insights of Ramp
Ramp has successfully raised a total of $1.2M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.2 million completed in June 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Ramp
Ramp has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Ramp, Pathlight Ventures and Sequoia Capital.
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Sequoia Capital is engaged in venture capital investments.
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Early-stage investments are made in innovative startup founders by Basecase.
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Venture capital investments in healthcare, fintech, public sector, enterprise software, and vertical AI.
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Investor details for Ramp
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Investments & Acquisitions by Ramp
Investment portfolio details for Ramp
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Financial Statements - Ramp
Detailed financials for Ramp
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Ramp Comparisons
Peer comparison for Ramp
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Competitors of Ramp
Ramp operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as BirchStreet Systems, PayEm, Concertiv, BuyerQuest and Omnea, among others.
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Cloud-based procure-to-pay solutions are delivered for business management.
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SaaS expense management solutions are delivered for corporate organizations.
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Web-enabled end-to-end procurement management solutions are provided.
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Procure-to-pay software is provided for e-procurement and spend management.
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Web-enabled solutions for procurement orchestration in supply chains are offered.
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SaaS-based source-to-contract platform is provided for governments, utilities, and corporates.
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Detailed competitors of Ramp
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Latest news on Ramp
Complete news archive for Ramp
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Frequently Asked Questions about Ramp
Ramp was founded in 2022 and raised its 1st funding round 1 year after it was founded.
Ramp is headquartered in New York, United States. It is registered at New York, New York, United States.
TK Kong is the current CEO of Ramp. They have also founded this company.
Ramp is a funded company, having raised a total of $1.2M across 1 funding round to date.
As of Dec 31, 2021, the latest employee count at Ramp is 207.
Ramp is engaged in delivering procurement and financial management software. Solutions are offered for automating intake-to-pay processes, managing corporate expenses, and providing corporate cards. The company serves various sectors including startups, small businesses, mid-market, and enterprise clients. Integration with accounting systems and vendor management tools is supported to enhance financial operations and savings.
Ramp's top competitors include Concertiv, Omnea and BirchStreet Systems.
Ramp offers Ramp Procurement, Corporate Cards, and Expense Management.
Ramp has 4 investors. Key investors include Ramp, Pathlight Ventures, Sequoia Capital, and Basecase.