Ramp Raises $750M at $44B Valuation as AI-Driven Fintech Demand Surges
Ramp Raises $750M at $44B Valuation as AI-Driven Fintech Demand Surges Corporate expense management platform Ramp has raised $750M in a new funding round at a $44B valuation, nearly tripling its valuation in just one year amid strong investor demand for AI-focused fintech companies. The round was led by ICONIQ, GIC, and Ontario Teachers’ Pension Plan, with participation from Goldman Sachs, Morgan Stanley, D.E. Shaw, and others. Total funding now exceeds $3B. Ramp reports over $1B in annualized revenue (with some estimates above $1.5B) and more than 70,000 customers, including Visa, Uber, S…
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