Evidence receipt / belief
Published · transcript-backedGeoff Charles: belief
6 Aug 2023 Lenny's Podcast Velocity over everything: How Ramp became the fastest-growing SaaS startup of all time | Geoff Charles (VP of Product)
“I think we've hit a hundred million in annual revenue for the first two years and we've continued to grow significantly since then.”
Source trail
Everything needed to verify it.
- Speaker
- Geoff Charles
- Attribution
- Verified speaker
- Claim type
- belief
- Recorded
- 6 Aug 2023
- Publisher
- Lenny's Podcast
Transcript context
…Okay. So what you didn't mention is some of the most interesting stats about Ramp and the business and the growth story of Ramp. So could you just also share some stats about just the success of Ramp and a sense of just how rare the story of Ramp has been? Yeah. I mean, we were one of the fastest growing FinTech and B2B SaaS companies of all time. I think we've hit a hundred million in annual revenue for the first two years and we've continued to grow significantly since then. I think every day, about a thousand users join our platform. And this year, we've grown and hit 600 million in savings, 8.5 million in hours saved for our customers by controlling spend and automating a lot of the manual tasks. So we're continuing to grow fast, and in terms of just raw transaction volume, we have crossed 10 billion in [inaudible 00:06:17] spending on the platform and just getting started. You've glossed over that stat of just Ramp is essentially known as the fastest growing SaaS business in history and also FinTech business. In two categories, the fastest Ramp to $200 million in run rate.…
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