ai pilled companies spending $90k / employee per year 🤯 per employee, not per engineer. where does this go in a year!? can't wait to find out... from ramp's dataset (70k companies).

In the age of abundant intelligence, finance teams are no longer managing people and vendors - but tokens powering their entire organization. This spend often goes unnoticed, unmanaged, and unoptimized. This is the gap Ramp is building for, and today we raised a new round to get there even faster. Our vision is to rebuild the financial platform is a world where intelligence is abundant but money is still scarce. And where the role of the CFO is more important than ever.

Today we're launching Stack — the AI operating system built for accountants. Up until this point, Ramp was known to be a spend management company designed for finance teams. That changes with Stack. Stack automates your accounting. It learns your accounting process — how you close, how you reconcile, how you post journals for each client — and runs agents to do the work autonomously. Every action logged and fully auditable. The result is 50% decrease in close time. It's available today for any accountant, whether you run on Ramp or not, anywhere. Know a CPA? Tag them in the comments — and I will personally reach out to them and get them set up with 3 months of unlimited complimentary access.

Spot on @tdrobbo

The Lenny and Friends Summit returns on Thursday, September 10, in San Francisco

Midday is joining Ramp We started Midday to build something we wanted for ourselves and it grew into something much bigger than we expected. And here is the story behind it 🧵

Today, @AnthropicAI added @tryramp Data as a connector in Claude. You can now ask Claude what 50,000 businesses are actually spending on and get an answer grounded in real spend data. Vendors, categories, growth, switching patterns, and more. For decades, @Rich_Barton companies have focused on "turning the lights on." Homebuyers have @zillow, job seekers have @Glassdoor. But how companies actually spend, operate, and make decisions has stayed dark. Today, that's changing. The people best served by transparent market data aren't the ones who can afford Bloomberg terminals. They're the founder sizing a first contract, the procurement lead negotiating a renewal, the researcher studying AI adoption, the agent booking software on a user's behalf. AI has made those users far more capable but only if the data they need is actually available. Ramp Data is live in Claude today, and accessible via API, MCP, and CLI. Every market gets better with information transparency. B2B software is next.

Ramp just facilitated the first-ever YC funding in stables