Introduction

Ramp hit $1B in yearly revenue while doubling growth. Its secret is simple - save companies time and money at scale.

What's the problem it solves?

Most finance work is slow, messy, and steals hours from teams. Ramp fixes that by cutting busywork and stopping waste so people can focus on real work.

Quick Summary

Ramp is a finance platform that started with a corporate card and grew into a full toolkit. It helps with expenses, bill pay, travel, procurement, and cash. The big promise is time back. Ramp uses smart rules and AI agents to auto approve in-policy spend, block bad charges, and turn receipts into reports. That means fewer clicks, fewer emails, and fewer end of month fires.

The company is growing very fast. It passed $1B in annualized revenue, is roughly doubling year over year, and is cash flow positive. Growth comes from stacking strong products like Card, Bill Pay, Plus, Treasury, and Travel. Bill Pay is now bigger than Card on total payments. More than half of customers use two or more products, which makes them stickier and saves them even more time.

Ramp also fights the common slowdown that hits big companies. Inside Ramp, teams use agents and tight processes to cut meeting time and speed up work. Outside, the focus is clear - sell time, not points. That message lands well beyond tech, in everyday industries that feel the pain of admin work. The roadmap is simple - keep saving time, add more products, go global, and chip away at long vendor contracts.

Key Takeaways

• Time is the new luxury. Ramp’s brand promise is simple - give time back.
• $1B annualized revenue, doubling YoY, and cash flow positive signals strong unit economics.
• Product stack compounds results: Card, Bill Pay, Plus, Treasury, Travel, Procurement.
• Bill Pay TPV has surged and passed Card. Total TPV is about $100B.
• AI agents review expenses and policies, cutting expense time by up to 98% and auto approving most in-policy items.
• Multi product use drives retention and higher lifetime value.
• Fast, frequent fundraising also acts as marketing and boosts pipeline.
• Biggest blocker is inertia and long legacy contracts, not a weak product.
• Long term edge comes from saving time, compounding over time, and fighting the slowdown that size brings.

What to do

• Measure time saved, not just money saved. Track hours cut in finance workflows.
• Start with the card and expense automation, then add Bill Pay and Travel for bigger gains.
• Turn written spend rules into system rules. Let agents approve what fits and flag the rest.
• Use spend controls to stop bad charges at the point of purchase.
• Attach real ROI to adoption: prevented spend, hours saved, fewer approvals needed.
• Shorten cycle time in your own org. Replace handoffs with parallel checks using agents.
• Plan vendor exits early. Line up replacements before legacy contracts end.
• Expand step by step: finance ops first, then travel, procurement, and treasury.
• Share wins inside the company. Time saved by leaders sets the culture.
• Think global readiness early if you have teams or spend in other countries.

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