Ratio provides a proposal and billing platform that embeds flexible payment terms and BNPL services for SaaS companies and other recurring-revenue businesses. Its offering connects proposals, pricing, contracts, payment terms, and collections in a single workflow to reduce handoffs and improve cash timing. Ratio launched from stealth in 2022 with $11 million in equity financing and a $400 million credit facility and later added a $100 million extension to its lending capacity. The company reported 349% year-over-year ARR growth through 2025. Ratio is developing AI agents and is currently beta-testing an AI Proposal Agent that generates quotes and payment terms using pricing, contracts, and buyer intent signals. Company claims the AI Proposal Agent has increased customer close rates by 30% and average contract value by 25%.

Total raised

$527M

Funding rounds

4

Latest round

Debt Financing

Latest activity

Apr 2026