New York based provider of a corporate card and spending management platform raised $30m in Series A3 funding led by D1 Capital and Coatue Management.
“We’ve talked to people about the cost of rewards, and the more customers we talked to, the more we learned that instead of rewards, they wanted money in the bank account at the end of the month,” Ramp co-founder and CEO Eric Glyman told Crunchbase News. “We are able to save companies an average of 4 percent on top of the cash back.”