Ramp, initially launched as a smart corporate card, has raised $150 million in a Series D-2 funding round led by Khosla Ventures and Founders Fund, reaching a valuation of $7.65 billion. The investment, also supported by Greylock VC, emphasizes Ramp's evolution into a comprehensive platform for financial operations aiming to become the leading AI software platform in the sector. The company, serving 25,000 finance teams, has been backed since its early stages by investors like Keith Rabois. Co-founder Karim Atiyeh highlighted the role of AI in powering finance teams of ambitious companies, marking a milestone in Ramp's growth.
Thrilled to partner with @tryramp as they completely reimagine how businesses across the world run their finance functions. @rabois @eglyman https://t.co/zx4kMBLCIE
Thrilled to lead the seed, series A & now Series D-2 investments in Ramp. Witnessing 5 years of unprecedented product velocity compound to deliver on their original ambitious vision. https://t.co/Lw8ekO3wKy
Thrilled to lead the seed, series A & now Series D investments in Ramp. Witnessing 5 years of unprecedented product velocity compound to deliver on their original ambitious vision. https://t.co/Lw8ekO3wKy
25K finance teams already use @tryramp to simplify financial operations. And the company is just getting started. We're excited to partner w/ @eglyman as @tryramp evolves into the leading AI software platform for finance teams. cc @SethGRosenberg https://t.co/atJ2Hpc9Jg
I'm incredibly excited about this milestone and can't wait to show the world what we have in store. I'm particularly thrilled to be powering the finance teams of the most ambitious companies of our generation. Over the past few months, thanks to AI's many applications, we've… https://t.co/ekUlD0alqL
Some investment decisions are hard and some are easy I feel lucky to be leading an investment in @tryramp on behalf of @GreylockVC @eglyman and @karimatiyeh are doubling down on their mission to save people time and money, and evolving into the leading AI software platform… https://t.co/btjYSIVwwI
With Ramp’s latest financing, the best investors in the world are betting on what our team already knows: the @tryramp team has barely gotten started. Five years ago, Ramp began as a smart corporate card and we’ve evolved into a one-stop platform for financial operations. What… https://t.co/S3ejrj4qha
Scoop from me: @tryramp has raised another $150M at a higher $7.65B valuation in @khoslaventures and @foundersfund-led round https://t.co/QWafazfzGf