Fintech big Ramp introduced the acquisition of Juno, a startup based in 2024 that constructed a company journey platform to assist handle non-employee bills.
Phrases of the deal weren’t disclosed. Juno will preserve its model and staff.
Juno’s platform guides coordinators and their visitors via reserving, logistics, funds, reimbursements, and reconciliation.
“A foul candidate journey expertise can value you a rent,” Ramp CTO Karim Atiyeh mentioned in a press release. “Juno constructed one thing sturdy in a class that issues. Our job now’s to provide them leverage and keep out of the way in which.”
Portland, Ore.-based Devon Tivona and Denver-based Sam Felsenthal co-founded Juno they usually’ll proceed of their management roles as co-CEOs. They beforehand co-founded Pana, one other company visitor journey platform, that was acquired by Coupa in 2021.
Juno raised a $2 million seed spherical final 12 months led by Seattle-based Madrona together with Bungalow Ventures.
“Becoming a member of Ramp offers Devon and Sam the sources to pursue the imaginative and prescient they’ve been working towards all alongside: visitor journey, funds, and bills working as one coherent system,” Madrona Managing Director Steve Singh wrote on LinkedIn.
Singh co-founded the journey and expense administration big Concur, which was acquired by SAP in 2014 for $8.3 billion. He led a gaggle of buyers within the April 2024 acquisition of Direct Journey Inc., a Colorado-based company journey administration firm, and is government chairman of Otto, a Seattle-based startup growing an AI digital assistant for enterprise journey reserving.
Singh additionally serves as government chairman at Spotnana, a travel-as-a-service know-how platform (he’s at the moment additionally interim CEO); Troop, a gaggle conferences and occasions firm; and Middle, a company card and expense administration platform that was acquired by American Categorical.
