Ramp is the only corporate card that strengthens your finances.
Ramp enables a broad range of customers and industries, from startups to multi-billion dollar enterprises and multi-generational potato farmers, to manage their spend and build sustainable businesses. With more than 5,000 businesses on the platform, the company saw its revenue grow by nearly 10x in 2021 and is powering over $5 billion of annualized payments volume. Ramp also continued to enhance its platform with the launch of B2B payments tool Bill Pay.
ICONIQ Growth led the Series B round for Coast, a self-described "financial services platform for the future of transportation."
The raise brings the startup’s total venture capital raised to $31.7M and included participation from Google's Gradient Ventures.
Pedro Franceschi will serve as sole CEO of fintech Brex while Henrique Dubugras becomes chairman of the board.