Ramp, the US corporate card and spend-management company, acquired Juno, a startup that books and pays for travel for people who are not on a company's payroll, such as job candidates, contractors, customers and partners. Juno announced the deal on its blog on March 16, 2026. Financial terms were not disclosed.
Juno becomes a wholly owned subsidiary of Ramp and keeps its brand. Co-founders Sam Felsenthal and Devon Tivona remain co-CEOs, and Juno said its team would stay the same and that it was still hiring.
Juno told customers that it did not intend to become another product that is bought and then abandoned, and described the deal as a continuation of its plans rather than a change of direction.
What Juno built
Juno was founded in December 2024 by Felsenthal, Tivona and Kate Porter. It handles travel end to end for non-employees: sending trip invitations, booking through travel management companies, arranging logistics, paying for trips and advances, and reconciling the costs in a company's books, Travolution reported. Common uses include recruiting trips, contractor assignments, event guests and visits by important clients.
The company works with travel management companies including Altour, Direct Travel and BCD Travel. Its commercial cards are issued by Celtic Bank and powered by Stripe. Juno's expense product launched in April 2025 and its travel product in June 2025, when it had about 10 customers including several Fortune 500 companies, according to Skift.
Tivona has said guest travel can account for as much as a fifth of a company's travel spending, and that many companies still manage it with spreadsheets and email.
“Guest travel is a hard problem. It's messy, operationally heavy, and has real business consequences.”
The founders and the funding
Felsenthal and Tivona had worked on the same problem before. They built Pana, a guest travel platform that Coupa acquired in 2021, and Tivona then spent about two years at Coupa. Coupa later shut down Pana's travel module, which Tivona pointed to as the difference with the Ramp deal.
Juno raised a $2 million seed round in April 2025, co-led by Bungalow Capital and Steve Singh, the founder of Concur and a managing director at Madrona Venture Group. In July 2025 it added a $4 million pre-emptive round, bringing its total to about $6 million, according to Dealroom. Ramp's purchase came about 15 months after Juno was founded.
Why Ramp is buying
Ramp, founded in 2019, sells corporate cards, bill payments, procurement, travel booking and automated bookkeeping. It says it has more than 50,000 customers and processes over $100 billion in annual purchases. Travel for non-employees has sat outside its core products, and Juno fills that gap.
Karim Atiyeh, Ramp's co-founder and chief technology officer, said guest travel was messy and operationally heavy and had real consequences for a business, adding that a poor travel experience for a candidate could cost a company a hire. He said Ramp's role was to give Juno leverage and stay out of its way.
Ramp plans to fold Juno's capabilities into its wider platform over time. It also said it would keep investing in travel products and partnerships with travel management companies, and that it planned to expand into Europe and the UK from summer 2026.
Ramp also said it has helped customers save more than $10 billion and 27.5 million hours. Tivona said he and Felsenthal had spent the better part of a decade working on guest travel, and Juno described Ramp as a product company first.
What happens to customers
Juno told existing customers that nothing would get worse as a result of the deal and that its product and team were unchanged. Travolution reported that Juno would operate as a separate entity inside the Ramp group, with its co-founders in charge.
Ramp has said it wants to offer travel to companies of every size, with a focus on small and mid-sized firms, while also moving toward larger accounts. Its leaders have argued that the way a company treats visiting candidates and partners affects both its employer brand and its sales.
