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Ramp reaches $60B valuation as it pushes deeper into AI

Ramp raised $1.85 billion in a new funding round at a $60 billion valuation, jumping from $44 billion just four months earlier. The expense management platform now reports $2 billion in annualized revenue and over 85,000 customers, while aggressively expanding into AI-driven payments, model routing, and procurement automation.

Background

Ramp is a fintech startup known for corporate expense management and spending controls, founded in 2019. It has rapidly expanded its product suite and valuation in the competitive fintech-AI convergence space.

Source
TechCrunch
Published
Oct 15, 2026 at 10:47 PM
Score
7.0 / 10