Ramp Balloons to $44 Billion Valuation

June 4, 2026 — Ramp raised 44 billion valuation, nearly triple its valuation from a year ago and 40 billion target revealed last month.

Co-led by Iconiq Capital, GIC, and Ontario Teachers’ Pension Plan. Total funding approximately $3 billion.

Annual revenue run rate climbed above $1.5 billion as demand for AI-driven financial tools accelerates. CEO Eric Glyman indicated Ramp is considering a public offering in the future without specifying a timeline.