Eric Glyman, co-founder and CEO of expense management startup Ramp, rel=”nofollow” href=”https://ramp.com/blog/ramp-raised-500m-to-build-the-future-of-finance”>announced on Wednesday a fresh $500 million raise at a whopping $22.5 billion post-money valuation.
This new round, rel=”nofollow” href=”https://www.wsj.com/articles/ai-finance-app-ramp-is-valued-at-22-5-billion-in-funding-round-5a4269cb”>led by Iconiq Growth with participation from Founders Fund and D1 Capital Partners, comes just 45 days after Ramp’s last round. In June, Ramp raised $200 million at a $16 billion valuation, and that was a leap over the $13 billion valuation Ramp announced in March.
In his blog post, Glyman laid out his vision for AI agent-led “autonomous finance” that he…

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