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▌Private Company·May 22, 2026

3 Public Stocks That Give You Ramp Exposure

No, Ramp is not publicly traded. Retail investors can’t buy Ramp shares on an exchange today, so the realistic options are waiting for an IPO, using accredited-only private secondary markets, or looking at public alternatives like BILL, AXP, and SAP.

Private CompanyPrivate Company
By TickerSpark·May 22, 2026·5 min read
3 Public Stocks That Give You Ramp Exposure
▌Key Takeaway
No, Ramp is not publicly traded. Retail investors can’t buy Ramp shares on an exchange today, so the realistic options are waiting for an IPO, using accredited-only private secondary markets, or looking at public alternatives like BILL, AXP, and SAP.

Ramp is one of the more closely watched private fintechs because it sits right at the intersection of corporate spend, expense automation, and AI-driven finance workflows. The company has also been growing fast: Ramp says it serves 50,000+ customers, TechCrunch reported annualized revenue of $700 million, and the company crossed 1,000 employees by the end of 2024.

That kind of scale is exactly why retail investors keep asking how to invest in Ramp. The catch is simple: Ramp is still private, so the path to ownership is limited. Here’s what Ramp does, whether you can buy it, what the IPO outlook looks like, and the closest public names investors usually compare it with.

What is Ramp?

Ramp is a finance automation platform for businesses. Its core products include corporate cards, expense management, bill pay/accounts payable, procurement, travel, and accounting and finance workflow automation. Ramp’s pitch is that it helps finance teams modernize operations and save money, and its platform now includes more AI-driven automation around invoice coding, fraud detection, approval intelligence, and card-payment optimization.

The company was founded in 2019 and is headquartered in New York, NY. Ramp says it serves 50,000+ customers and has saved customers $10B+ and 27.5M+ hours. It is led by co-founder and CEO Eric Glyman and co-founder Karim Atiyeh, and recent reporting put annualized revenue at $700 million with more than 1,000 employees.

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Is Ramp publicly traded?

No, Ramp is currently a privately held company and does not trade on the NYSE or Nasdaq. I found no evidence of a public listing, and third-party private-market listings explicitly say Ramp is not for sale to the general public.

Ramp appears to be independently held rather than owned by a public parent. In plain English: there is no public ticker you can buy today to own Ramp directly.

When will Ramp go public?

There is no filed S-1 in the search results and no official Ramp announcement that an IPO process is underway. In March 2025, CNBC reported that CEO Eric Glyman said there was no timeline in place for an IPO, even though it was something the company is thinking about.

The most recent valuation I found was $13 billion in a March 2025 secondary deal. That keeps Ramp on the radar, but it does not mean a listing is imminent. What investors should watch is whether Ramp files an S-1, starts talking more openly about public-market readiness, or continues leaning on secondary transactions instead of an IPO.

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How can you invest in Ramp?

For most retail investors, the honest answer is: you can’t buy Ramp directly right now. The first path is to wait for an IPO, then buy shares through a brokerage once the stock starts trading. That only works if Ramp actually files and lists.

There is no public parent stock to buy here, so that route is off the table. The next-best option is to look at public companies with similar exposure, which is what most investors end up doing anyway. If you want direct private-company access, private secondary markets can sometimes offer shares, but those are generally limited to accredited investors and availability is sporadic.

That means the practical retail playbook is: wait for a listing, or use public comps like BILL, AXP, and SAP to get exposure to the same spend-management and finance-automation theme. If you are accredited, private secondary marketplaces may occasionally list Ramp shares, but that is not a guaranteed or broad retail path.

Closest publicly-traded alternatives

Bill Holdings (NYSE: BILL) is the closest public pure-play comparison. It overlaps with Ramp in spend management, accounts payable automation, and finance workflow software, which is why investors looking for Ramp exposure often start there.

American Express (NYSE: AXP) is relevant because Ramp competes in corporate cards and business spend management, and CNBC explicitly named American Express as a competitor. SAP (NYSE: SAP), especially SAP Concur, is another useful proxy because it covers enterprise travel and expense management, which overlaps with Ramp’s expense and travel workflows.

Recent news

Ramp’s biggest recent headline was a March 2025 secondary deal that valued the company at $13 billion. CNBC reported that Khosla Ventures, Thrive Capital, and General Catalyst bought shares in the transaction, which also allowed employees and early investors to cash out.

On the operating side, TechCrunch reported in March 2025 that Ramp had more than doubled annualized revenue to $700 million and crossed 1,000 employees by the end of 2024. Ramp also kept pushing its AI automation story, including AP agents in Bill Pay and broader agentic finance workflows.

Verdict

Ramp is a strong private-company story, but not a direct retail investment today. If you want ownership, the only straightforward route is to wait for an IPO that has not been announced yet.

For now, the actionable path for most investors is to use the closest public alternatives: BILL for spend/AP automation, AXP for corporate spend, and SAP for travel and expense workflows. Accredited investors can also watch private secondary markets, but that is a limited, non-public route with no guarantee of access.

▌Common Questions

Frequently asked questions

+Is Ramp publicly traded?
No, Ramp is currently a privately held company and does not trade on the NYSE or Nasdaq. I found no evidence of a public listing, and third-party private-market listings explicitly say Ramp is not for sale to the general public.
+When will Ramp go public?
There is no filed S-1 in the search results and no official Ramp announcement that an IPO process is underway. In March 2025, CNBC reported that CEO Eric Glyman said there was no timeline in place for an IPO, even though it was something the company is thinking about.
+How can you invest in Ramp?
For most retail investors, the honest answer is: you can’t buy Ramp directly right now. The first path is to wait for an IPO, then buy shares through a brokerage once the stock starts trading. That only works if Ramp actually files and lists.
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