Ramp CEO says the fintech startup is just scratching the surface

Ramp CEO Eric Glyman talks about the company's recent $500 million Series C and how it plans to use the funding to expand its product and grow its team.

Ramp, a fintech startup that provides corporate cards and expense management software, has raised $500 million in a Series C funding round led by Coatue Management. The round also included participation from Founders Fund, D1 Capital Partners, and Stripe.This brings Ramp's total funding to $750 million since its launch in 2019. The company plans to use the new funding to expand its product offerings, grow its team, and enter new markets.Ramp CEO Eric Glyman said in a statement that the company is "just scratching the surface" of its potential. "We've built a platform that is uniquely positioned to help businesses manage their spending and save money. We have a world-class team that is passionate about our mission, and we're excited to continue to grow and innovate in the years to come.""Ramp's corporate cards are designed to help businesses control their spending and earn rewards. The cards are integrated with Ramp's expense management software, which makes it easy for businesses to track their spending, create budgets, and approve expenses.Ramp has quickly become a popular choice for businesses of all sizes. The company's customers include Airbnb, Doordash, and Netflix.With its latest funding, Ramp is well-positioned to continue its rapid growth. The company is expected to expand its product offerings, grow its team, and enter new markets. Ramp is a company to watch in the fintech space.