๐ฃย Huge update โ Iโve started a new company!
After 4 years at Ramp, Iโve started something new (and we're hiring). The past few years were incredible - being a part of the rocket ship on a ~15 person engineering team to an 1000+ person org, and growing from 100s of customers to
Today weโre introducing Crosby, a hybrid AI law firm that helps rapidly growing businesses execute faster.ย
Contracts are connection points. They allow companies to transact with one another and create economic growth. But while every aspect of business has sped up, the way we
1/6 Ramp for Travel is now live!
Weโve taken a completely new approach to travel: decentralized booking. Travelers can book anywhere, while Ramp will automatically enforce expense policies, create trips, and generate insights for finance teams - completely zero touch.
Today, @tryramp reached a new valuation: $16 billion
Let the robots chase your receipts and close your books, so you can use your brain and build things.
That's the way AI was meant to be.
PSA: thereโs a guy named Soham Parekh (in India) who works at 3-4 startups at the same time. Heโs been preying on YC companies and more. Beware.
I fired this guy in his first week and told him to stop lying / scamming people. He hasnโt stopped a year later. No more excuses.
Today marks a milestone for me as tech lead: exactly 1367 days of building at Ramp, and the launch of Ramp Travelโour first all-in-one booking tool.
2 years ago, we built decentralized booking. The ability to spend anywhere on the Ramp card, while Ramp will automatically enforce
Itโs day 1905 at Ramp. Today, Iโm thrilled to announce the launch of Ramp Travel, a new solution designed to make booking travel and managing travel expenses more intuitive, low-cost, and streamlined.
Today, 1 in 5 (20%) dollars spent on @tryramp cards go towards flights,
The only thing that matters is helping our customers win their market. Speed is the weapon. While competitors are stuck in month-long negotiations, our partners are closing deals and shipping product. And, we're just getting started.
Our mission is to accelerate revenue for our
Weโve raised a $20M Series A from @IndexVentures, @BainCapVC, and @eladgil, with participation from @sequoia, @CooleyLLP, and @patrickc
It took us 173 days to review our first 1,000 contracts. Now, we do this every three weeks. Even as weโve scaled, weโve kept our signature
Every vertical AI business should have a team dedicated to Quality & AI environments.
Just like open source projects thrive with a BDFL, you need a "Quality Tsar" as the ultimate tastemaker for evals, RL environments, and beyond.
Loved diving into this + more on the Training
Baumol cost disease is real, AI is the solution
Take law -- imagine a world where consumers have plentiful access to high-quality legal services
@crosbylegal is building an AI-native law firm towards that vision. @ryanjdaniels@jsarihan share more on Training Data!
3 years ago @tryramp office #1
Back then, this cake took us days to finish. Today a cake barely lasted thirty minutes. Grateful to be working with amazing people every day in between.
Thanks @swagup for the cake! ft @shreyanj98
Today marks 5 years since Ramp began. Reflecting on the journey so far, I wish Iโd captured more of those early, chaotic moments that set the foundation for our growth. But Iโll probably look back one day and realize that today was still very early, so itโs a good time to start.
3/ Answer: They shouldn't
Given a blank slate, we built a travel solution that serves employees AND businesses. Employees can book wherever they want, while businesses have the same insights and controls as a managed solution.
Software is about leaps - not incremental change