Ramp Crosses $1B Revenue, CEO Talks AI Agents and SaaS Doom
Expense management giant Ramp now handles over 2% of all US corporate spending as it pushes past $1B in revenue.
Ramp has officially crossed the $1B revenue mark. CEO and cofounder Eric Glyman laid out the company's trajectory in a new interview, detailing how the finance automation platform scaled to handle more than 2% of all corporate spend in the United States.
That's a staggering slice of American business expenses flowing through a single platform.
Glyman didn't shy away from bold claims. He discussed what he calls the "SaaS apocalypse" — the idea that traditional software-as-a-service models are getting disrupted. His weapon of choice? AI agents deployed to review expenses automatically, cutting humans out of tedious financial workflows.
The company has positioned itself at the intersection of fintech and AI, betting that intelligent automation will replace manual expense management entirely. For a company founded just a few years ago, owning 2% of US corporate spend is a serious foothold.