Ramp hits $32B valuation, just three months after hitting $22.5B 

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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, announced on July 30. That round was just a few weeks after a $200M Series E at $16 billion…



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Ramp hits $32B valuation, just three months after hitting $22.5B 


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, announced on July 30. That round was just a few weeks after a $200M Series E at $16 billion…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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