Andrew Unger

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Andrew Unger

Andrew Unger

@unger

Investing @ConversionCap

Brooklyn, NYC Katılım Haziran 2008
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Andrew Unger
Andrew Unger@unger·
A home and a Country Do not lose all hope for us Though faint, some faith I hold The pages are still numbered Some truth can still be told Each day the plot unravels more The author can’t be sane At least we stand united that the other side’s to blame @PoetrySociety
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Ali Ansari
Ali Ansari@aliansarinik·
I’m excited to announce micro1 has raised a $35M Series A, valuing us at $500M. This round was led by 01A with @adambain joining our board of directors. We’re grateful to be partnering with leading AI Labs & fortune 10s, such as Microsoft, to train frontier LLMs. We’re just getting started building the infrastructure layer for AGI, with the ultimate goal of answering the very fundamental question: “where should humanity spend its time?”
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Eric Glyman
Eric Glyman@eglyman·
Today, @tryramp raised $500M at a $22.5B valuation. Finance is at an inflection point. How does an industry change? Gradually, then suddenly. Decades where nothing happens; months where decades happen. Now, we’re teaching software to think like people. Exciting times ahead.
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Cognition
Cognition@cognition·
Introducing Devin 2.0: a new agent-native IDE experience. Generally available today starting at $20. 🧵👇
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Dhruva Rajendra
Dhruva Rajendra@dkrajendra·
I’ll be speaking at @tectonicdefense tomorrow! Get there by 2 (link below) South Congress Hotel, 1603 S Congress Ave, Austin, TX 78704
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Conversion Capital
Conversion Capital@ConversionCap·
Legacy systems are the enemy of innovation. Vesta is rewriting the mortgage infrastructure playbook, proving that 'the way it’s always been done' isn’t the way forward. Excited to see their LOS push the industry into the future. 🚀 @useVesta #Fintech #MortgageTech
mike@michael_yu

excited to share a bit more about what we’ve been up to at @usevesta with @fortunemagazine, and thanks to our early customers who’ve helped us get to this point. we're excited to over 30x our volume in the coming months and are actively hiring!

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Eric Glyman
Eric Glyman@eglyman·
“Investors were most excited when they saw that over half of every dollar that @tryramp puts into payroll goes into R&D. That's just really different. It's what drives the experience where customers today feel that every year they use Ramp it's getting dramatically better. It took us 4 years to save our customers a billion dollars, automate 10M hours of work. We did what took us 4 years earlier in the company within 1, and so it's accelerating.” Thank you @Kr00ney for the in-depth conversation on Ramp
Eric Glyman@eglyman

Today, @tryramp reached a new valuation: $13 billion. We’re not Steve Jobs or Wilbur Wright. We won’t invent the next iPhone or flying machine. Our job is more modest: save you time and money, so perhaps you can. (1/6)

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Modal
Modal@modal·
Thank you to @Redpoint for recognizing Modal in the 2024 #InfraRed100 list, which recognizes the top private companies in cloud data infrastructure, for the second year in a row! ❤️ Read the full report here: redpoint.com/infrared/repor…
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Eric Glyman
Eric Glyman@eglyman·
This is going to be an incredibly high quality event — @rauchg and @leeerob and the @vercel team are doing some of the most interesting work in Applied AI right now, and @koblovinamerica and @nzgb are going to share a lot of interesting work coming through at @tryramp. Join us!
8VC@8vc

Chat8VC, our monthly GAI series, returns to Ramp’s NYC HQ 6/25, focused on frontend w/ an all-star lineup @rauchg & @leeerob (@vercel) and @koblovinamerica & @nzgb (@tryramp) + demos/cocktails/conversation. A few spots remain and we’d love for you to join: gatsby.events/rsvp/chat-8-vc…

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Eric Glyman
Eric Glyman@eglyman·
After wrapping our 20th board meeting last week, @rabois and I joined @HarryStebbings to talk through our partnership in building @tryramp. Harry did a great job and I think this turned into one of the more info dense, useful podcasts for founders we've made. Hope it's useful!
Harry Stebbings@HarryStebbings

Ramp famously has a day count on how many days they’ve been in business. Today is day 1873 & they have: 💰$7.65 billion valuation 💵 Over $1 billion raised 💳 1% SMB spend on Ramp cards “They are the fastest execution machine in the world.” My top 6 takeaways with @rabois and @eglyman 👇

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Eric Glyman
Eric Glyman@eglyman·
If you're wondering if businesses are trying to a) grow faster or b) get more profitable, the answer is clear -- average ad spend is up 40% year-over-year. Growth is back.
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Eric Glyman
Eric Glyman@eglyman·
With Ramp’s latest financing, the best investors in the world are betting on what our team already knows: the @tryramp team has barely gotten started. Five years ago, Ramp began as a smart corporate card and we’ve evolved into a one-stop platform for financial operations. What I’m most proud of is the impact we’ve delivered for our customers: our average customer achieves 5% savings using Ramp, exceeding $1 billion so far. Perhaps more importantly, we’ve reclaimed more than 10 million hours of time, so finance teams can shift to more valuable work. Breakthroughs in AI are already helping us dramatically increase these figures. We’ve begun embedding AI and automation throughout our product to deliver even more time and money back to customers, but there’s so much more we can build. We're less than 1% of the market today; I couldn’t be more excited about our opportunity to further empower our existing customers and one day serve the 99%+ of the market we haven’t touched. We’re focused on helping solve a decades-long productivity slump and inflecting the growth curve for the broader economy. It sounds almost unrealistically ambitious, but I know we can do it. If you want to join this mission alongside me, @karimatiyeh, and 725+ of the most talented people I've had the pleasure of working with, I hope you’ll consider joining us.
Ramp@tryramp

Ramp is completing a $150 million Series D-2 funding round, raising the company’s valuation to $7.65 billion. This round was co-led by @khoslaventures and @foundersfund, with additional new investors @sequoia, @GreylockVC, and @8vc. Our existing investors @ThriveCapital, @generalcatalyst, Sands Capital, D1 Capital Partners, @Lux_Capital, @ICONIQGrowth, Definition Capital, @contrary, and more are doubling down. Thank you to our partners and supporters for believing in our vision. This isn’t just a financial milestone. It's a recognition of every customer who has trusted Ramp to redefine their financial operations – and a bet on every customer who will trust us in the future. More details below…

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Andrew Unger
Andrew Unger@unger·
Does anyone know what this extremely strange looking app is? Seen in Central Park today.
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