3 outlets·3 reports
Ramp hits $44 billion valuation in $750 million raise as it bets that AI token spending is the next corporate expense to tame
ThinkingNews Desk · how this was written
Ramp announced a $750 million financing round that values the corporate-spending management platform at $44 billion. The round was led by Iconiq alongside Singapore’s GIC and the Ontario Teachers’ Pension Plan, bringing the company’s total capital raised to $3 billion. Investors are drawn by Ramp’s focus on applying artificial-intelligence technology to corporate expense and token-spending management.
Written from all 3 reports below, not from any single one.
How it was reported
- TechMeme·Corporate spending management platform Ramp raised $750M at a $44B valuation led by Iconiq, Singapore's GIC, and the OTPP, taking its total funding to $3B (Bloomberg)
- TechCrunch·Ramp raises $750M at $44B valuation as investors hunger for fintechs with an AI story
- The Next Web·Ramp hits $44 billion valuation in $750 million raise as it bets that AI token spending is the next corporate expense to tame
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