Ramp

Overview

Ramp is a New York-based corporate spend management and finance automation platform founded in 2019. In June 2026 it became one of the highest-valued private fintechs globally, positioning itself as an AI-native finance platform for expense management, payment volume, and emerging AI token spend monitoring.

Recent Developments

• 2026-10-15: Raised $1.85B\ast \ast primaryroundat\ast \ast$60B valuation (up from $44BinJune2026);co-ledbyDragoneer,ThriveCapital,FoundersFund,SandsCapital,AvenirGrowth;reports\ast \ast$2B+** annualized revenue. Product narrative emphasizes AI agents for spend, agent cards, model routing, and Glass workspace (2026-10-15-ramp-60b-valuation-ai)

Valuation and ARR are company-reported via press/TechCrunch, not audited public filings.

• 2026-06-04: Raised $750MSeriesFat$44B valuation — nearly triple June 2025’s $16BSeriesE.LedbyICONIQ,GIC,OntarioTeacher{s}^{\prime }PensionPlan.Totalequityexceeds$3B (2026-06-04-ramp-750m-series-f-funding, 2026-06-04-ramp-series-f-prnewswire)
• 2026-06: Reports $1B+ARR(TipRankscites$1.5B+ run-rate), positive free cash flow, 70,000+ customers, $200B+ annualized purchase volume, 170% YoY payment volume growth
• 2026: Visa partnership for agent payment infrastructure; Billhop and Juno acquisitions for international expansion
• Future: CEO Eric Glyman indicated possible IPO without timeline (Bloomberg via Tech Weekly)

Related

• agentic-ai-payments
• fintech-ai
• ai-investment-trends
• venture-capital
• visa
• ipo
• corporate-spend-management

Sources

• 2026-06-04-ramp-750m-series-f-funding
• 2026-06-04-ramp-series-f-prnewswire
• 2026-06-04-ramp-series-f-tipranks
• 2026-06-04-ramp-series-f-citybiz
• 2026-10-15-ramp-60b-valuation-ai