New updates have been reported about Ramp.
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Ramp is pursuing another major funding round, reportedly seeking about $750 million at a pre-money valuation exceeding $40 billion, signaling continued investor confidence in its corporate spend management platform. The prospective deal, which remains subject to change, would extend a rapid financing cadence that has sharply increased Ramp’s valuation over the past year.
In 2025, Ramp raised $300 million at a $32 billion post-money valuation in November, following a $500 million Series E-2 at $22.5 billion in July and a $200 million Series E at $16 billion shortly before, plus additional earlier rounds that each marked step-ups in value. Founder and CEO Eric Glyman has disclosed that Ramp reached $1 billion in revenue and doubled income in a year, while pushing an AI-first roadmap that embeds agents to automatically block out-of-policy spend, detect fraud, and reallocate funds into interest-bearing accounts, a combination of growth and automation that is helping sustain strong venture demand.