June 3, 2026

Top SaaS Vendors on Ramp (June 2026)

Every month, Ramp processes billions of dollars in business expenses on its corporate card and bill pay platform. And every month, we rank the new vendors that customers are purchasing from for the first time to give you a glimpse into emerging market trends, companies on the rise, and more.

Last week, I spoke to the New York Times about how companies are pivoting to a more cost disciplined approach in managing AI spend. I said companies would increasingly explore open source models and cheaper (less performant) models from OpenAI, Anthropic, and Google. I didn’t expect American firms to use DeepSeek, the Chinese competitor to OpenAI and Anthropic, which placed at the top of our trending software list this month.

  1. We’ve seen DeepSeek before. It enjoyed a modest hype cycle last January, rising to 0.3% business adoption in Ramp AI Index, before quickly falling back to 0.1% of American businesses. It looks like firms are back on DeepSeek, for now, and according to Ramp spend data, making direct payments to DeepSeek. To be clear: this is not just self-hosted open source usage. Firms are sending and receiving data through DeepSeek directly.Though I wouldn’t overstate the durability of this trend. For businesses especially, there are real competitive and security concerns with direct onboarding of DeepSeek. American model companies should take note of this competitive pressure anyway, via cheaper models or smart routing to help firms better manage spiraling AI spend.
  2. It’s not just Chinese models. Firms are using open source models, in a shift away from OpenAI and Anthropic, using model serving and inference platforms like Fireworks AI, fal AI, and DeepInfra.
  3. Claude still hasn’t killed design software. Figma and Paper both placed on our lists this month.

Our Top SaaS Vendors series is built using data from Ramp Rate, a data-backed vendor directory we launched earlier this year. Track market share, business adoption, and growth trends across categories using Ramp’s proprietary data built with actual transactions across 50,000-plus businesses on Ramp's spend platform.

Here’s a breakdown of the top SaaS vendors last month:

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Ara KharazianLead Economist, Ramp
Ara Kharazian is the lead economist at Ramp and writes the weekly newsletter Econ Lab on Substack. His writing and analysis of AI, business spend, and the economy has been covered in the New York Times, Wall Street Journal, Financial Times, NBC News, ABC News, NPR's Planet Money, Bloomberg, the Guardian and more. Ara previously led economic research at Square and was an economic consultant at Cornerstone Research.
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