Philadelphia Eagles’ star operating again Saquon Barkley has not solely develop into an investor in fintech startup Ramp, he’s additionally the star of the corporate’s first Tremendous Bowl business.
Apparently, it was Barkley who reached out to Ramp about investing, not the opposite approach round as is so typically the case with superstar endorsements.
Barkley reached out after studying Peter Thiel’s ebook, Zero to One, in line with Ramp CEO and co-founder Eric Glyman. Barkley selected Ramp after some mutual investor pals gave Ramp “sturdy” suggestions, Glyman mentioned.
In a blog post posted February 6 on Ramp’s web site, Barkley is quoted as saying: ”True partnership requires pores and skin within the recreation. That’s why I invested in Ramp. I noticed firsthand how they’re powering American companies to chop prices and obtain a better degree of efficiency. That’s the type of influence I need to be a part of.”
The 15-second ad – which options Barkley buried in a mountain of expense studies – was conceived, shot and completed in seven days, Glyman mentioned.
Based in 2019, Ramp has constructed a reputation for itself within the company card and expense administration house. It’s branched out into journey, invoice pay, and extra, and was final valued at $7.65 billion.
In response to Ramp, Barkley’s funding within the fintech startup marks the NFL star’s largest non-public know-how funding up to now. In response to PitchBook, he’s additionally backed crypto startup Monad Labs, fintech and Y Combinator alum Sequin and beverage firm X2 Efficiency.
The Tremendous Bowl airs on February 9, the place the Philadelphia Eagles will tackle the Kansas Metropolis Chiefs.
About The Author
