Top SaaS vendors on Ramp (Nov 2024)

‍Every month, billions of dollars get processed on Ramp cards for business expenses. And every month, we share the new vendors that customers are purchasing for the first time, to give you a glimpse into emerging market trends, companies on the rise, and much more.

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We love seeing new vendors appear on our top vendors list. This month it was healthcare platform Medallion.

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Recently named a 2024 Top Startup by LinkedIn, Medallion provides end-to-end automation for credentialing, enrollment, and monitoring providers for healthcare networks. And all of this is AI-powered, of course, continuing the trend we’ve seen across our top vendors for months. Medallion appeared on both the lists of top vendors by new card spend and the biggest percentage change in new card spend. 

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Here’s a breakdown of the top new vendors for October:

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And the top vendors by the percentage change in spend:

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We’ve seen OpenAI and Anthropic on our lists for a few months now, but the appearance of specialized AI tools, like Pika and Prisma Labs, tells us that companies are continuing to explore specific use cases. 

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Pika was one of the first AI startups to help companies create impressive videos based on a text prompt. In October, it launched an updated AI model that allows users to apply, in the words of Venture Beat, “eye-popping, physics defying special effects.” Slice a hot air balloon like a cake, squish people in your favorite meme, melt a toilet—these are just a few effects that have taken X by storm and are driving new customers to the platform.

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Prisma Labs is another way that Ramp customers are injecting creative AI into their businesses. The company creates AI apps that helps customers transform photos into artwork, retouch photos in one click, tune foregrounds and backgrounds, and more. 

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