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Ramp Secures $750 Million in Funding

2022-03-21
NEW YORK, NY, Ramp, the finance automation platform and first corporate card designed to help businesses spend less, announced $750 million in new financing, bringing its valuation to $8.1 billion.
Ramp, the finance automation platform and first corporate card designed to help businesses spend less, announced $750 million in new financing, bringing its valuation to $8.1 billion.

The raise included $200 million in fresh equity funding led by Founders Fund, with participation from all major existing investors including D1 Capital Partners, Thrive Capital, Redpoint Ventures, Coatue Management, Iconiq, Altimeter, Stripe, Lux Capital, Vista Public Strategies, Spark Capital, and Definition Capital. They were joined by new investors General Catalyst, Avenir Growth Capital, 137 Ventures, and Declaration Partners, in addition to tech industry leaders.
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