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Ramp Eyes $40B Valuation in $750M Funding Round

CryptoFrontier

2026-05-08 04:51:39

Ramp, a New York-based corporate spend management startup, is in talks to raise US$750 million at a pre-money valuation above US$40 billion, according to TechCrunch.

Funding History

The company’s latest funding activity follows a series of recent raises. In November 2025, Ramp raised US$300 million at a US$32 billion post-money valuation in a round led by Lightspeed.

Earlier in 2025, the startup announced a US$500 million Series E-2 round at a US$22.5 billion valuation led by Iconiq and a US$200 million Series E at a US$16 billion valuation led by Founders Fund.

Revenue Growth

CEO Eric Glyman stated that the company’s annualized revenue had reached US$1 billion.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Comment

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Mint-ColoredCalmness

· 12m ago

New York Fintech has another unicorn, but is a pre-money valuation of over $40 billion a bubble?

View OriginalReply0

EchoesOfRollup

· 22m ago

A $40 billion valuation is a bit outrageous, but Ramp has indeed clarified corporate expense management, and this is a winner-takes-all track.

View OriginalReply0

SilverCubeInsomnia

· 33m ago

Are TechCrunch's reports accurate? This valuation is almost catching up to Stripe's. Is enterprise software really more attractive than payments?

View OriginalReply0

VolatilityOfToastingBread

· 33m ago

750M “knife” in a new round—only raised 300M by November 2025. Such a fast burn rate.

View OriginalReply0