"One in nearly every 5 dollars spent on Ramp cards is related to flights, hotels, entertainment related to travel," Glyman said.
That ultimately led Ramp to the Priceline partnership and new platform feature.
The new product, called Ramp Travel, utilizes AI and automation to help streamline and simplify the process of booking and doing expenses for business travel, with Priceline providing Ramp users access to airline, hotel, and other travel inventory.
The companies see an opportunity to take share from corporate travel offerings that often rely on high fees that guarantee control over where employees stay, or the carriers which travelers fly with.
While a majority of Ramp customers have never raised venture capital, the average size of companies using the platform has more than doubled in the past three years, he said.
Persons:
Glyman, Eric Glyman, Brett Keller, Keller, Brex
Organizations:
Priceline, Booking Holdings, CNBC Disruptor, Intelligence, Airbase, Center
Locations:
Navan