Corporate Spending Platform Ramp Raises $750 Million at $44 Billion Valuation

businessvctechfintechstartups 2 posts · 2 accounts

Ramp, a corporate spending management platform, raised $750 million in a funding round that valued the company at $44 billion. The round was led by Iconiq, Singapore's GIC and OTPP, bringing Ramp's total funding to $3 billion.

The latest financing extends a sharp increase in Ramp's private-market value. Ramp's valuation has nearly tripled across multiple rounds over the past year.

From the sources (2 posts)

@techmeme

Corporate spending management platform Ramp raised $750M at a $44B valuation led by Iconiq, Singapore's GIC, and the OTPP, taking its total funding to $3B (Bloomberg) (Visit Techmeme dot com for the link and full context!)

@business

Ramp's valuation has nearly tripled across multiple rounds over the past year

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