Ramp

Ramp Raises $300 million in Growth

Ramp has successfully raised $300 million in a Growth at a $32 billion valuation led by Lightspeed Venture Partners.

Company Overview

Ramp is a FinTech company headquartered in New York NY, founded in 2019 with 1200+ employees.

Ramp is a spend management and finance-automation platform generating over $1 billion in annualized revenue and producing free cash flow. The company serves over 50000 customers including CBRE Shopify Anduril Figma Notion Cursor and The Chicago Blackhawks.

Fundraising Details

• Amount Raised: $300 million
• Round Type: Growth
• Valuation: $32 billion valuation
• Date: 2025-11-17
• Investors: Lightspeed Venture Partners and Iconiq Capital and Founders Fund and Khosla Ventures and General Catalyst and Lux Capital

About Ramp

Ramp is a spend management and finance-automation platform generating over $1 billion in annualized revenue and producing free cash flow. The company serves over 50000 customers including CBRE Shopify Anduril Figma Notion Cursor and The Chicago Blackhawks. The company is positioned in the FinTech sector, serving a growing market with innovative solutions.

Key Information

• Headquarters: New York NY
• Founded: 2019
• Team Size: 1200+
• Industry: FinTech

What This Means

This funding round demonstrates strong investor confidence in Ramp's vision and execution. The capital will likely be used to:

• Scale Operations: Expand the team and operational capacity
• Product Development: Enhance existing products and develop new features
• Market Expansion: Enter new markets and strengthen presence in existing ones
• Technology Investment: Invest in infrastructure and technology capabilities

Industry Context

The FinTech sector continues to attract significant investment as companies innovate to meet evolving market demands. Ramp's successful fundraising reflects the strong fundamentals and growth potential in this space.

Valuation Milestone

Reaching $32 billion valuation marks an important milestone for Ramp, positioning the company among notable players in the FinTech industry.

Looking Ahead

With this new capital, Ramp is well-positioned to execute on its growth strategy and continue building innovative solutions in the FinTech space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.

This fundraising news was reported on 2025-11-17. For more information about Ramp, visit their headquarters at New York NY.