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Reading: Eric Glyman’s Fintech Rise: How Ramp CEO Revolutionized Finance
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The Boardroom Leaders > Blog > Featured > Eric Glyman’s Fintech Rise: How Ramp CEO Revolutionized Finance
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Eric Glyman’s Fintech Rise: How Ramp CEO Revolutionized Finance

Stella Young
Last updated: 2025/08/08 at 9:58 AM
Stella Young 6 months ago
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Eric Glyman
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Eric Glyman is the co-founder and Chief Executive Officer of Ramp, a New York-based financial operations platform built to help businesses spend less and operate more efficiently. Since launching in 2019, Ramp has grown from a corporate card startup into a comprehensive finance automation platform, enabling companies to manage expenses, pay bills, and integrate seamlessly with accounting systems.

Contents
Early Life and EducationFirst Steps in EntrepreneurshipThe Birth of RampA Strategic Funding StoryFocus on Automation and EfficiencyBalancing Growth and ResponsibilityLooking Ahead

Early Life and Education

Born and raised in Las Vegas, Nevada, Eric Glyman went on to study Economics and East Asian Studies at Harvard University, graduating in 2012. His studies sharpened his analytical thinking and gave him a global perspective skills that would later influence his entrepreneurial approach to solving complex business problems.

First Steps in Entrepreneurship

Before founding Ramp, Eric Glyman co-created Paribus in 2014, a service that automatically tracked purchases for price drops and claimed refunds on behalf of shoppers. The startup was acquired by Capital One in 2016, where Glyman continued to lead the product until 2019. This experience reinforced two guiding principles: design products that remove friction from people’s lives and focus on measurable customer savings.

The Birth of Ramp

In March 2019, Glyman, alongside Karim Atiyeh and Gene Lee, launched Ramp with the mission to make every dollar spent by a business more efficient. Instead of emphasizing perks and points, Ramp positioned itself around cost control, time savings, and automation. The company’s platform quickly evolved to include features like automated expense categorization, policy enforcement before transactions, and AI-driven invoice processing.

A Strategic Funding Story

Ramp’s rise has been fueled by significant investment from top-tier venture capital and strategic backers:

  • March 2022: $200M equity led by Founders Fund, plus $550M in debt from Citi and Goldman Sachs.
  • August 2023 (Series D): $300M co-led by Thrive Capital and Sands Capital, valuing Ramp at $5.8B.
  • April 2024 (Series D-2): $150M co-led by Khosla Ventures and Founders Fund, pushing valuation to ~$7.65B.
  • March 2025: $150M secondary share sale involving GIC, Thrive Capital, Khosla Ventures, and General Catalyst, raising valuation to ~$13B.
  • June 2025 (Series E): $200M led by Founders Fund, valuing Ramp at ~$16B.
  • July 2025 (Series E-2): $500M led by ICONIQ, with Founders Fund and D1 Capital Partners, boosting valuation to $22.5B.

These funding rounds have given Ramp the resources to scale rapidly, expand its engineering and compliance teams, and accelerate product innovation.

Focus on Automation and Efficiency

Eric Glyman’s leadership style is rooted in pragmatism. He measures success by how much time and money Ramp saves its customers. The platform’s automation features such as parsing receipts from emails, preventing duplicate payments, and integrating directly with ERP systems aim to replace manual finance processes entirely. This focus has helped Ramp attract more than 40,000 customers, from startups to large enterprises, processing tens of billions in annual purchase volume.

Balancing Growth and Responsibility

Scaling a fintech platform at Ramp’s pace requires discipline. Glyman has worked to balance rapid hiring with maintaining product quality and customer trust. He emphasizes profitable unit economics, rigorous data security, and building automation that genuinely reduces operational costs rather than shifting workloads.

Looking Ahead

Under Glyman’s direction, Ramp plans to deepen its AI-driven capabilities, broaden integration with major financial software, and potentially expand internationally. The mission remains clear: become the indispensable finance automation partner for businesses, delivering measurable savings and freeing finance teams from routine tasks.

Eric Glyman’s journey from Harvard graduate to Ramp CEO is a testament to the power of disciplined innovation. By combining strategic funding, a customer-first product approach, and a vision for a fully automated finance stack, he has positioned Ramp not just as a fintech company, but as a catalyst for how modern businesses manage money.

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