The one area outside of AI where investors are still enthusiastic is expense management fintech, at least if Ramp’s 2025 is anything to judge by. Every few months, Ramp has raised another large sum at another giant new valuation. On Monday, the fintech announced it had raised $300 million led by Lightspeed, which also included an employee tender offer.
This is just a few months after a $500 million Series E-2 at a $22.5 billion valuation led by Iconiq, rel=”nofollow” href=”https://www.prnewswire.com/news-releases/ramp-raises-500-million-at-22-5-billion-valuation-to-accelerate-ai-and-build-the-future-of-finance-302516953.html”>announced on July 30. That round was just a few weeks after a $200M Series E at $16 billion…
