Company intelligence

Ramp

As of October 15, 2026, Ramp was last valued at $60B (October 2026 primary financing).

Ramp is a corporate card and spend-management platform that helps businesses control expenses, automate accounting, and cut costs using AI-driven finance tools.

FintechNew York, New York, USAFounded 2019Founders: Eric Glyman, Karim Atiyeh, Gene LeeWebsite ↗See connections →Compare with Anthropic
Last verified Oct 15, 2026

Ramp at a glance

As of
Latest valuation
$60B[1]
primary financing · October 2026
Total funding (reported)
~$5B[2]
October 2026
Lead investors
Dragoneer Investment Group, Iconiq Capital, GIC, OTPP (Ontario Teachers' Pension Plan)[3]
Across 3 sourced rounds
Founded
2019[4]
Headquarters
New York, New York, USA[5]
  1. [1] Latest valuation: Morningstar, October 15, 2026
  2. [2] Total funding (reported): Morningstar, October 15, 2026
  3. [3] Lead investors: Morningstar, October 15, 2026
  4. [4] Founded: TechCrunch (retrieved November 17, 2025)
  5. [5] Headquarters: TechCrunch (retrieved November 17, 2025)
Ranked on: #2 Top Fintech Startups 2026 · #9 Most Valuable Private Companies 2026 · #27 Largest Series C+ Rounds of 2026 (Ranked) · Get your badge →

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Company Snapshot

Ramp is a Fintech company, based in New York, New York, USA, founded 2019 by Eric Glyman, Karim Atiyeh, Gene Lee.

Recent changes

  1. Oct 15, 2026Raised $1.85B primary financing at a $60B valuation Morningstar
  2. Oct 15, 2026First reported total funding: ~$5B Morningstar
  3. Oct 15, 2026First reported revenue: $2B+ Morningstar
  4. Oct 15, 2026New investor: Dragoneer Investment Group Morningstar
  5. Oct 15, 2026New investor: Sands Capital Morningstar
Earlier changes (15)
  1. Oct 15, 2026New investor: Greenoaks Morningstar
  2. Oct 15, 2026New investor: Stripes Group Morningstar
  3. Oct 15, 2026New investor: FirstMark Capital Morningstar
  4. Oct 15, 2026New investor: 8VC Morningstar
  5. Oct 15, 2026New investor: Fidelity Investments Morningstar
  6. Oct 15, 2026Ramp Hits $60B Valuation | Revenue Tops $2B Annualized Pulse story
  7. Oct 15, 2026Valuation rose from $44B to $60B Morningstar
  8. Jun 4, 2026Raised $750M Series F at a $44B valuation PR Newswire
  9. Jun 4, 2026New investor: Morgan Stanley PR Newswire
  10. Jun 4, 2026New investor: Goldman Sachs Alternatives PR Newswire
  11. Jun 4, 2026New investor: OTPP (Ontario Teachers' Pension Plan) PR Newswire
  12. Jun 4, 2026Ramp Raises $750M Series F at a $44B Valuation as Fintechs With an AI Story Command Premiums Pulse story
  13. Jun 2026Valuation rose from $32B to $44B Morningstar
  14. Nov 17, 2025Raised $300M Series E-2 at a $32B valuation PR Newswire
  15. Nov 17, 2025First reported valuation: $32B PR Newswire

Funding history

3 equity events · newest first · sources dated per row
DateRoundAmountValuationLead investorsSource
Oct 15, 2026primary financing$1.85B$60Bpost-money
Dragoneer Investment Groupunverified
WithThrive CapitalunverifiedFounders FundunverifiedSands CapitalunverifiedFidelity InvestmentsunverifiedT. Rowe PriceunverifiedD1 Capital PartnersunverifiedGreenoaksunverifiedIconiq CapitalunverifiedGICunverified8VCunverifiedCoatue ManagementunverifiedFirstMark CapitalunverifiedGeneral CatalystunverifiedKhosla VenturesunverifiedLightspeed Venture PartnersunverifiedStripes GroupunverifiedAvenir GrowthD.E. Shaw
Morningstar
Jun 4, 2026Series F$750M$44Bpost-money
Iconiq CapitalGICOTPP (Ontario Teachers' Pension Plan)
WithGoldman Sachs AlternativesD. E. Shaw & Co.Morgan StanleyFounders FundLightspeed Venture PartnersD1 Capital Partners
PR Newswire
Nov 17, 2025Series E-2$300M$32Bpost-money
Lightspeed Venture Partners
WithFounders FundD1 Capital PartnersCoatue ManagementGICThrive CapitalT. Rowe PriceKhosla VenturesIconiq CapitalGeneral Catalyst
PR Newswire

Equity only. “Equity raised” above sums the rounds with a dated, linked source; rumored rounds, tender offers and secondary sales are listed but not counted, and debt financing is listed separately.

Funding timeline · 3 rounds · $2.9B tracked
$0.0M$1.0B$2.1B$300MSeries E-2Nov 25$750MSeries FJun 26$1.9Bprimary financOct 26
Valuation over time
$0M$33B$66B2025-112026-062026-10
Underlying values
As ofValueMethodSource
Oct 15, 2026$60BReportedMorningstar
Jun 2026$44BReportedMorningstar
Nov 17, 2025$32BDerivedPR Newswire

Investors

GICIconiq CapitalLightspeed Venture PartnersDragoneer Investment GroupOTPP (Ontario Teachers' Pension Plan)D1 Capital PartnersFounders FundCoatue ManagementGeneral CatalystKhosla VenturesT. Rowe PriceThrive Capital8VCD. E. Shaw & Co.Fidelity InvestmentsFirstMark CapitalGoldman Sachs AlternativesGreenoaksMorgan StanleySands CapitalStripes GroupAlpha Wave GlobalBoxGroupContrary Capital+5 more

Latest Pulse

  1. Ramp Hits $60B Valuation | Revenue Tops $2B AnnualizedRamp raised a $1.85 billion primary round led by Dragoneer Investment Group, valuing the corporate card and spend-management startup at $60 billion as its annualized revenue passed $2 billion.→
  2. OpenAI Closes Gap With Anthropic in Business SpendingRamp data on 70,000+ US businesses shows OpenAI closing the enterprise spending gap with Anthropic, while OpenAI simultaneously launched a zero-data-retention safety system aimed directly at Anthropic's business customers.→
  3. Warp Ships an Out-of-the-Box AI Software FactoryWarp launched Warp Factories, an infrastructure layer that packages the agent loops, memory, evals and cloud orchestration behind the software-factory model that Stripe and Ramp built in house.→
  4. Paper Raises $34M to Build AI-Native Design PlatformPaper closed a $34 million Series A to build a design platform where designers and AI coding agents share the same canvas, with customers including Ramp, Vercel, and Lovable.→
  5. Ramp Raises $750M Series F at a $44B Valuation as Fintechs With an AI Story Command PremiumsSpend-management company Ramp raised $750 million in a Series F at a $44 billion valuation, led by Iconiq, GIC and Ontario Teachers' Pension Plan -- nearly tripling its valuation in a year. With annualized revenue past $1 billion and 70,000+ customers, Ramp has become the marquee example of investors paying up for fintechs that have credibly bolted on AI.→

Coverage Timeline

newest first
  1. Oct 15, 2026FUNDINGRamp Hits $60B Valuation | Revenue Tops $2B Annualized$1.85B Round ($60B Valuation)→
  2. Aug 20, 2026AIOpenAI Closes Gap With Anthropic in Business Spending→
  3. Aug 18, 2026AIWarp Ships an Out-of-the-Box AI Software Factory→
  4. Jul 23, 2026FUNDINGPaper Raises $34M to Build AI-Native Design Platform$34M Series A→
  5. Jun 4, 2026FUNDINGRamp Raises $750M Series F at a $44B Valuation as Fintechs With an AI Story Command Premiums$750M→

All Coverage

FUNDING

Ramp Hits $60B Valuation | Revenue Tops $2B Annualized

Illustration for: Ramp Hits $60B Valuation | Revenue Tops $2B Annualized
FUNDING$1.85B Round ($60B Valuation)

Ramp Hits $60B Valuation | Revenue Tops $2B Annualized

Ramp raised a $1.85 billion primary round led by Dragoneer Investment Group, valuing the corporate card and spend-management startup at $60 billion as its annualized revenue passed $2 billion.

DEEP DIVE
AI

OpenAI Closes Gap With Anthropic in Business Spending

OpenAI Closes Gap With Anthropic in Business Spending logo
AI

OpenAI Closes Gap With Anthropic in Business Spending

Ramp data on 70,000+ US businesses shows OpenAI closing the enterprise spending gap with Anthropic, while OpenAI simultaneously launched a zero-data-retention safety system aimed directly at Anthropic's business customers.

DEEP DIVE
AI

Warp Ships an Out-of-the-Box AI Software Factory

Illustration for: Warp Ships an Out-of-the-Box AI Software Factory
AI

Warp Ships an Out-of-the-Box AI Software Factory

Warp launched Warp Factories, an infrastructure layer that packages the agent loops, memory, evals and cloud orchestration behind the software-factory model that Stripe and Ramp built in house.

DEEP DIVE
FUNDING

Paper Raises $34M to Build AI-Native Design Platform

Illustration for: Paper Raises $34M to Build AI-Native Design Platform
FUNDING$34M Series A

Paper Raises $34M to Build AI-Native Design Platform

Paper closed a $34 million Series A to build a design platform where designers and AI coding agents share the same canvas, with customers including Ramp, Vercel, and Lovable.

FUNDING

Ramp Raises $750M Series F at a $44B Valuation as Fintechs With an AI Story Command Premiums

Illustration for: Ramp Raises $750M Series F at a $44B Valuation as Fintechs With an AI Story Command Premiums
FUNDING$750M

Ramp Raises $750M Series F at a $44B Valuation as Fintechs With an AI Story Command Premiums

Spend-management company Ramp raised $750 million in a Series F at a $44 billion valuation, led by Iconiq, GIC and Ontario Teachers' Pension Plan -- nearly tripling its valuation in a year. With annualized revenue past $1 billion and 70,000+ customers, Ramp has become the marquee example of investors paying up for fintechs that have credibly bolted on AI.

Value Add Research

Related Companies

Competitors
BrexMercury
Shared investors
AnthropicAnduril IndustriesCognitionOpenAIStripeDatabricks
More on RampVerified figures in Data Truth →Funding Rounds Guide →IPO Tracker →vs Stripe →

Ramp FAQ

What is Ramp's valuation?

Ramp was last valued at $60B in its October 2026 primary financing, according to Morningstar (October 15, 2026).

How much has Ramp raised?

Ramp has raised ~$5B in total funding, according to Morningstar (October 15, 2026).

Who invested in Ramp?

Lead investors in Ramp's sourced funding rounds include Dragoneer Investment Group, Iconiq Capital, GIC and OTPP (Ontario Teachers' Pension Plan). Per round: its October 2026 primary financing was led by Dragoneer Investment Group; its June 2026 Series F was led by Iconiq Capital, GIC and OTPP (Ontario Teachers' Pension Plan); its November 2025 Series E-2 was led by Lightspeed Venture Partners.

When was Ramp founded and where is it based?

Ramp was founded in 2019 and is headquartered in New York, New York, USA, according to TechCrunch.

Sources & methodologyshow
Where these figures come from

Figures are labelled Reported (a source states it), Estimated, Derived (computed from other facts) or Rumored (in talks / unconfirmed). Rumors never replace a confirmed figure. Each figure keeps its own as-of date; history is preserved rather than overwritten.

How we verify data ·