Ramp, the financial operations platform designed to save companies time and money, has crossed an incredible milestone: $1 billion in annualized revenue, achieved just five years after launching its first corporate card. The growth underscores not only Ramp’s rapid rise in the fintech space but also the tangible value it has delivered to its 45,000 customers worldwide.
A Mission Beyond Revenue
For Ramp’s leadership, the milestone is about much more than numbers.
“One billion in revenue is not the story, it’s a byproduct of the value we bring to customers,” said Eric Glyman, Ramp’s co-founder and CEO. “For too long, businesses have been told to accept wasted time and money as the cost of doing business. Ramp exists to challenge that misbelief.”
Since day one, Ramp’s mission has been simple: cut waste and return time and money to businesses of all sizes, from family farms to Fortune 100 companies.
What Ramp Has Achieved So Far
As of August 31, 2025, Ramp has delivered impressive results:
- Customer savings: Over $10 billion and 27.5 million hours.
- Customer base: 45,000 organizations, with over half using more than one Ramp product.
- Product ecosystem: Corporate cards, expense management, bill payments, procurement, travel booking, and treasury.
- Purchase volume: $100 billion in annualized purchase volume, with Bill Pay tripling year-over-year.
- Enterprise growth: 1,700 enterprise clients now contribute $100,000 or more in annualized revenue, a 120% year-over-year jump.
- Treasury services: Ramp Treasury has surpassed $1.5 billion in assets under management since its January 2025 launch.
These achievements highlight how Ramp is scaling while staying focused on its core mission: efficiency and measurable impact.
Real-World Impact
Beyond numbers, Ramp’s technology is reshaping financial operations:
- A global manufacturer used Ramp’s AI-driven controls to block $4 million in unauthorized spending, about 10% of all attempted out-of-policy transactions.
- A major U.S. educational provider slashed approval cycles from one month to one week and cut its month-end close by 15 days.
- A leading social network reduced manager review workloads by 90% thanks to Ramp Agents, AI-powered autonomous reviewers that flagged 15 times more policy violations than humans.
These examples show how Ramp is not just a payment processor—it’s a full-scale operational efficiency engine.
Customers at the Center
Ramp’s biggest advocates are its customers.
“Ramp has been with us since the beginning, serving as the AI-powered solution for our finance team,” said Joe Iantosca, CFO of Cyera, a fast-growing cybersecurity company. In just 18 months, Cyera expanded into 10+ countries across three continents, and Ramp has played a critical role in managing its global growth.
Why Ramp Stands Out
Unlike traditional financial platforms that reward more spending with perks or points, Ramp is designed around efficiency. Businesses can:
- Block unauthorized categories and vendors.
- Automate approvals and reporting.
- Leverage AI insights to optimize every transaction.
By consolidating payments, procurement, travel, and treasury into one platform, Ramp reduces complexity while maximizing savings.
Looking Ahead
While $1 billion in revenue is a huge milestone, Ramp sees it as just one step.
“There’s no finish line in our mission to save businesses time and money,” Glyman said. With AI advancing and financial systems growing more complex, Ramp plans to stay at the forefront of automation-driven efficiency.
With $100 billion in purchase volume, a rapidly growing enterprise customer base, and billions already saved for clients, Ramp has proven fintech can do far more than handle transactions, it can transform how companies operate.
Conclusion
Ramp’s journey to $1 billion in annualized revenue is not just about financial success. It’s the story of how a company reimagined financial operations through AI, automation, and a relentless focus on efficiency. By saving businesses over $10 billion and millions of work hours, Ramp has shown what’s possible when technology directly tackles waste.
As more companies embrace Ramp, one thing is clear: the future of finance will be leaner, smarter, and more efficient.
