Ramp
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Investors
Founders
About
Ramp is a corporate card and spend management platform founded in 2019 by Eric Glyman, Karim Atiyeh, and Gene Lee, headquartered in New York City 1. The company provides AI-powered corporate cards, expense management, and bill-payment software, reaching $1 billion in annualized revenue and a $32 billion valuation as of November 2025 2.
Funding History
| Date | Round | Amount | Lead | Co-investors |
|---|---|---|---|---|
| Aug 2019 | Seed | $7M | Keith Rabois (Founders Fund) | BoxGroup, Coatue Management 1 |
| Feb 2020 | Series A | $25M | Founders Fund | BoxGroup, Coatue, Conversion Capital 3 |
| Apr 2021 | Series B | $115M | D1 Capital Partners, Stripe (co-lead) | Thrive Capital, Redpoint Ventures, Goldman Sachs, Founders Fund 4 |
| Aug 2021 | Series C | $300M | Founders Fund | Thrive Capital, D1 Capital, Spark Capital, Coatue, Lux Capital, Stripe, Iconiq 5 |
| Mar 2022 | Series C-2 | $200M | Founders Fund | General Catalyst, Avenir Growth, D1 Capital, Thrive Capital 6 |
| Aug 2023 | Series D | $300M | Thrive Capital, Sands Capital (co-lead) | General Catalyst, Founders Fund 7 |
| Apr 2024 | Series D-2 | $150M | Khosla Ventures, Founders Fund (co-lead) | Sequoia Capital, Greylock, 8VC 8 |
| Jun 2025 | Series E | $200M | Founders Fund | Thrive Capital, D1 Capital, General Catalyst, Khosla Ventures 9 |
| Jul 2025 | Series E-2 | $500M | ICONIQ Growth | — 10 |
| Nov 2025 | Series E-3 | $300M | Lightspeed Venture Partners | Founders Fund, Khosla Ventures, General Catalyst, Bessemer Venture Partners 2 |
Total equity raised: approximately $2.3 billion 2. Valued at $32 billion as of November 2025 2.
What Investors Say
No verified investor quotes found at this time.
What Founders Say
No independently sourced founder testimonials found.
Sources
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TechCrunch, “Keith Rabois, BoxGroup back New York-based Brex competitor,” August 8, 2019, accessed March 2026. https://techcrunch.com/2019/08/08/ramp-financial/↩↩
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Crunchbase News, “Fintech Ramp Now Valued At $32B After $300M Raise Led By Lightspeed,” November 2025, accessed March 2026. https://news.crunchbase.com/venture/fintech-unicorn-ramp-300m-raise-lightspeed/↩↩↩↩
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Fortune, “Ramp, a corporate credit card to rival Brex and Amex, raises $25 million,” February 12, 2020, accessed March 2026. https://fortune.com/2020/02/12/ramp-a-corporate-credit-card-to-rival-brex-and-amex-raises-25-million/↩
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TechCrunch, “Spend management startup Ramp confirms $115M raise at a $1.6B valuation,” April 8, 2021, accessed March 2026. https://techcrunch.com/2021/04/08/spend-management-startup-ramp-confirms-115m-raise-1-6b-valuation/↩
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Ramp Blog, “Ramp raises $300M to build its finance automation platform,” August 2021, accessed March 2026. https://ramp.com/blog/ramp-series-c↩
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TechCrunch, “Ramp confirms new $8.1B valuation after ‘a nearly 10x’ YoY increase in revenue,” March 21, 2022, accessed March 2026. https://techcrunch.com/2022/03/21/corporate-spend-startup-ramp-closes-on-750-million-confirms-new-8-1b-valuation/↩
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TechCrunch, “Fintech startup Ramp raises $300M at a 28% lower valuation of $5.8B,” August 22, 2023, accessed March 2026. https://techcrunch.com/2023/08/22/fintech-startup-ramp-raises-300m-at-a-28-lower-valuation-of-5-8b/↩
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TechCrunch, “Ramp raises another $150M co-led by Khosla and Founders Fund at a $7.65B valuation,” April 17, 2024, accessed March 2026. https://techcrunch.com/2024/04/17/ramp-raises-another-150-million-co-led-by-khosla-founders-fund-at-a-7-65b-valuation/↩
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PR Newswire, “Ramp Raises $200M Series E at $16B Valuation,” June 2025, accessed March 2026. https://www.prnewswire.com/news-releases/ramp-raises-200m-series-e-at-16b-valuation-as-companies-of-all-sizes-choose-ai-powered-finance-platform-302483377.html↩
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Sacra, “Ramp revenue, valuation & funding,” accessed March 2026. https://sacra.com/c/ramp/↩