Ramp

Today, Ramp announced a new valuation: $13 billion. This is a reflection of what we’ve accomplished for you, our 30,000+ customers. In less than 6 years, we’ve saved businesses $2B+ and 20M+ hours — over half in the past year alone. Thank you for the opportunity to work hard for you and your company. Read our CEO Eric Glyman's letter to customers here: https://lnkd.in/eQ_rJQPA

NEW: Ramp + Inkle 💛 💜 SO excited to announce our new integration with Inkle! Now our customers can close their books even faster (if you can believe it). Setup on Ramp: 1️⃣ Go to admin dashboard 2️⃣ Click "company" 3️⃣ In the dropdown, click "App center" 4️⃣ Search and select "Inkle" 5️⃣ Click "Connect app" on the top right Setup on Inkle: https://lnkd.in/ePQRX6Uc

Spend management?? How about you get on Ramp so you can SPEND less time manually MANAGING your company’s financial operations???

https://lnkd.in/ejxYJY59 Sad to hear about more layoffs at Block affecting even more friends and colleagues. The good that's come out of the last year is seeing all the amazing companies everyone's ended up at or new journeys started. So with that: Ramp is growing & hiring (including our People & Talent Team!) • People Success Partner ("HRBP")- NYC (https://lnkd.in/eyEf32vP) • Recruiter | Product & Marketing - NYC (https://lnkd.in/ey4x8-yg) • Senior Recruiter | Sales - NYC or SF (https://lnkd.in/exvkMTeZ) • Technical Sourcer | Engineering - NYC or SF (https://lnkd.in/e7NpskwR) Come thru 💛

30,000+ incredible businesses run on Ramp. We wanted to find a way for our team to support and get to know them, all while putting our own product to the test. Enter: The Know Your Customer Spend Program. Each quarter, we give every employee $50 to spend with selected Ramp customers. This past quarter's featured customers: 🏋️ Barry's 🥾 AllTrails 🍻 Athletic Brewing Co. ☕ Kolkata Chai Co. 🍽️ Food52 Funds are auto-issued, restricted to these merchants only, and automatically coded to the right general ledger account in NetSuite. Employees can spend via physical cards, virtual cards, or reimbursements. The results? ✅ Our team discovers amazing products from our customer community ✅ Our customers gain new business ✅ We pressure-test our own features in the process HUGE thanks to all the Ramp team members who participated in Q1! We'll be announcing our featured customers for Q2 soon 👀

Starbucks is in the midst of a massive turnaround led by former Chipotle CEO Brian Niccol, who joined 6 months ago. We still haven't seen a meaningful impact on sales. Ramp card data from business spenders shows that Starbucks' decline isn't just coming from it's core consumer demographic. Business spenders have also turned away from the American coffee chain. As a share of food and drink sales, Starbucks is down 15% on Ramp's platform, lagging the U.S. average for large chains, where spending is up. It's rare to see a decline this significant, and when it happens, it's usually not because of "one thing." But the current turnaround plan gives us some clues about where Starbucks is looking (more seating, power outlets, wifi). I'm skeptical these will work. Business spenders are often high-income, traveling for work, between meetings. Are they looking for power outlets? In any case, business spenders are key to growing Starbucks revenues and this decline reflects a larger strategic issue with the chain.

We're assembling a team (made with OpenAI's new ChatGPT image generation)

Ramp was featured on Newsweek's list of America's Greatest Startup Workplaces 2025! When building a finance platform that people actually enjoy, you need a workplace culture that people actually enjoy being part of. This list recognizes the top 250 U.S. startups for excellence in workplace culture and sustainable growth, based on key performance indicators like employee satisfaction, operational growth, client engagement, investor confidence, and future expansion plans from an analysis of 2,000 startups. We 💛 our Ramplings! Get into the good stuff: https://lnkd.in/e6dr8k2Y

Thank you for the seasonal care package Ramp! Especially love the attention to items that promote centering, self care, and calmness: 🧦 Cozy socks for that remote work life. 🧢 Cute hat for my walks, now that springtime sunshine is popping up in Montana (although not quite in this pic). 🧘🏽♀️ Eye mask to help me meditate, which I’ve just started doing this past week. 🛀 Bath salts for unwinding. ⚖️ And a balancing puzzle, a good reminder that balance can be structured in many ways if you deliberatly craft it.

We know you have places to be and social media feeds to scroll, so we summed up our Executive Partner Summit last week in this 45-second video! Special thanks again to all those who attended and organized this memorable day. And one more digital round of applause for our Accounting Partner Awards winners Kruze Consulting, Exact_Partners, Attivo Partners, and Squire 👏 👏 👏 📷 by Matthew DelBaggio