Lamp: 2025 CNBC Disruptor 50

Founders: Eric Glyman (CEO), Karim Atiyeh
Release: 2019
Head office: New York City
Fund: $1.2 billion
Rating: $13 billion
Key technologies: Artificial intelligence, machine learning
Industry: Fintech
Previous appearances of Discruptor 50 50 list: 2 (No. 32, 2024)

When businesses are under pressure to do less, managing their spending becomes a top priority. RAMP, a financial management platform, is part of the number of tools designed to automate that process by streamlining payments, reducing costs, and freeing up finance teams and focusing on strategies instead of spreadsheets.

Since its launch six years ago, Lamp has become one of the fastest growing players in the space. It currently serves more than 30,000 US companies, ranging from startups like Olipop to big companies like CBRE and Ziprecruiter. The company issues credit cards and automates costs and accounting. Earn money from credit card interchange fees and software subscriptions.

“Our core value proposal is to help businesses achieve more at less and less cost. This has made a difference in the difference between being present in 2022 and 2023,” CEO Eric Griman told CNBC in March.

When others in Silicon Valley had to cut back, Lamp was able to raise more money. In March, the company secured a $150 million secondary contract led by Khosla Ventures, Thrive Capital and General Catalyst, valued at $13 billion.

Additionally, spending management space is even more crowded as players like Brex, Navan, Expensify, Mesh Payments, Airbase and Center gain market share and compete with legacy players like American Express, SAP Concur and Bill.com. The new addition of lamps is important to its continued growth.

Over the past year, RAMP has doubled its focus on enterprise companies and added new features. In January, we launched RAMP TREASURY. This allows companies to earn 2.5% in idol sales cash. It also acquired Venue, an AI-powered procurement software startup, and used it to deploy a new vendor payment tool. He debuted his ramp trip in June, partnering with Priceline to use AI and automation to streamline and simplify the process of booking and managing corporate trips and travelled into space in the sights of fellow Disraptor Navan. Other product launches include App Center, with deeper integration with popular enterprise tools such as Microsoft Dynamics, Workday, and QuickBooks desktops.

Internally, RAMP promoted two executives to top roles, naming Will Petrie as CFO and Geoff Charles as Chief Product Officer. We also opened a new San Francisco office to expand our talent base. Lamp currently employs more than 1,000 people.