# Ratio: Finance, San Mateo, United States

> Ratio: Ratio is a fintech platform that provides customers with flexible payment options, simplifying the procurement process.

Source: https://millionrounds.com/startup/ratio-4 (Millionrounds; every figure on the page links to its filing or article)

United States · [Finance startup](https://millionrounds.com/companies)

# Ratio

Ratio is a fintech platform that provides customers with flexible payment options, simplifying the procurement process.

Funding reported Last round: Debt financing

Finance San Mateo, United States

Company summary

- **Founded:** 2021 5 years old
- **Team:** 11 11 to 50 people
- **Funding reported:** $415M in dollars
- **Last round:** Debt financing Sept 2022

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Ratio has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## What company datasets say Ratio raised

Funding, as reported

Reported in all **$415M** in dollars

Rounds **3**

Last round **Debt financing**

Last round date **Sept 2022**

Investors listed **4**

## Founders and team

From Ratio's own website: 1 founder, 3 on the team.

**Ashish Srimal** Co-founder & CEO at Ratio

- **Perry Narancic** Chief Legal Officer
- **Satish Jajodia** Chief Risk Officer
- **Gus Guida** VP of Sales & Marketing

## On 3 portfolio pages

Investors who name them

- [8-Bit Capital](https://millionrounds.com/fund/8-bit-capital)
- [Honeystone Ventures](https://millionrounds.com/fund/honeystone-ventures)
- [Transolam](https://millionrounds.com/fund/transolam)

Each firm lists Ratio on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

## Finance in United States

Startups like it

- [**Ruwack Trust** Greensboro · founded 2013](https://millionrounds.com/startup/ruwack-trust)
- [**Gaming and Leisure Properties** Palo Alto](https://millionrounds.com/startup/gaming-and-leisure-properties)
- [**Great Rock Capital** Westport · founded 2015](https://millionrounds.com/startup/great-rock-capital)
- [**Elevex Capital** Westlake · founded 2024](https://millionrounds.com/startup/elevex-capital)
- [**Fidelis Investors** Cranford · founded 2020](https://millionrounds.com/startup/fidelis-investors)
- [**Waystar** Louisville · founded 2000](https://millionrounds.com/startup/waystar)
- [**PEFCO** New York · founded 1970](https://millionrounds.com/startup/pefco)
- [**Step** San Mateo · founded 2018](https://millionrounds.com/startup/step-5)

## Is this your company?

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