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TIME100 Most Influential Companies 2023: Ramp

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While many fin­tech companies struggled last year, Ramp’s meteoric rise accelerated. Find out why the company is one of the most influential of the year

otching an $8.1 billion valuation just three years after being founded is striking, even for a tech startup. While manycompanies struggled last year, Ramp’s meteoric rise accelerated. The business-expense-software firm saw revenues quadruple as its customers looked to stay lean through inflation.

Ramp’s Visa cards are tied to employer-­set policies, so employees instantly know if charges are approved; reports and receipts aren’t always needed. Employers get alerts about duplicate expenses and items they may be overpaying for. “We’re trying to create things that people have wanted for a long time, but banks never built,” says CEO and co-founder Eric Glyman.

 

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