Breaking: Ramp Acquires Juno

Some big news today in the Buyers x Builders and Bungalow Capital ecosystem.

Ramp announced it has acquired Juno, the guest travel platform founded by Devon Tivona and Sam Felsenthal.

If you’ve been following the Dispatch, you may recognize Juno from a recent Buyers x Builders conversation where Devon and Sam broke down one of the most overlooked workflows in enterprise travel: coordinating trips for non-employees.

Candidates.
Contractors.
Speakers.
Interns.
Healthcare professionals.

Despite representing 10 to 20% of travel spend at many companies - and up to 50 to 80% in some industries - guest travel is still often managed through spreadsheets, manual agent workflows and legacy infrastructure.

That’s the gap Juno set out to fix.

One of the most interesting aspects of their approach was philosophical.

Instead of trying to rip out the underlying travel infrastructure (GDS systems, agency workflows, airline contracts), Juno focused on modernizing the coordination layer around it.

As Devon put it in our interview:

“The infrastructure of travel isn’t broken. The coordination layer around it is.”

That design decision now fits naturally into Ramp’s expanding financial operations platform, which has been steadily moving beyond cards and expense into travel and operational workflows.

To celebrate the news, we’re making our full Buyers x Builders conversation with Devon and Sam available to everyone, not just subscribers.

If you want to understand the category Juno built and why Ramp saw the opportunity, you can watch and read the full interview below.

They Built a Travel Company Few Understood. Now Buyers Are Paying Attention.
Editor’s note: Sam and Devon are what I’d call “boomerang founders.” They built in this exact category before, sold during the pandemic when travel budgets collapsed and the market effectively froze, and then made the decision to come back. It’s easy to forget what it was like trying

Huge congratulations to entire Juno team!