Source of this article and featured image is TechCrunch. Description and key fact are generated by Codevision AI system.
Ramp, a fintech company, has surged to a $32 billion valuation following a $300 million funding round. This marks a rapid growth trajectory, with the company’s valuation jumping from $13 billion in March to $3,2 billion in 2025. Ramp’s recent rounds include a $500 million Series E-2 at $22.5 billion and a $200 million Series E at $16 billion. The company also surpassed $1 billion in annualized revenue, highlighting its financial momentum. While focused on corporate expense management, Ramp integrates AI tools for automation but is not primarily an AI company.
Key facts
- Ramp’s valuation jumped from $13 billion in March to $32 billion in 2025.
- The company raised $300 million in its latest round, bringing total equity financing to $2.3 billion.
- Ramp surpassed $1 billion in annualized revenue, signaling strong financial growth.
- Its services include corporate credit cards, expense management software, and travel solutions.
- Ramp claims over 50,000 customers across its platforms.
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#AI #corporate expenses #fintech #funding #Ramp #startup growth #startups #TechCrunch #valuation #venture capital
