Ramp, a New York-based financial operations platform for businesses, has raised a $200 million Series E round at a $16 billion valuation.
The round was led by Founders Fund, with participation from Thrive Capital, D1 Capital Partners, General Catalyst, GIC, ICONIQ Growth, Khosla Ventures, Sands Capital, 8VC, Lux Capital, Stripes, 137 Ventures, Avenir Growth, and Definition Capital.
Founders Fund, a San Francisco–based venture capital firm founded in 2005, manages approximately $17 billion in assets and invests across all stages—from seed to growth—in sectors such as AI, defense, biotech, and space.
Ramp Use of Funds
The company will use the funds to continue investing in AI-driven product innovation, platform expansion, and enhancing customer efficiency.
About Ramp
Founded in 2019 by Eric Glyman, Karim Atiyeh, and Gene Lee, Ramp is a fintech company that provides a financial operations platform designed to save businesses time and money through automation and intelligent tools. Its all-in-one solution combines payments, corporate cards, vendor management, procurement, travel booking, and automated bookkeeping with built-in intelligence. The company serves over 40,000 customers, including Shopify, Notion, and CBRE.
Funding Details
Company: Ramp Business Corporation
Raised: $200.0M
Round: Series E
Funding Date: June 2025
Lead Investor: Founders Fund
Additional Investors: Thrive Capital, D1 Capital Partners, General Catalyst, GIC, ICONIQ Growth, Khosla Ventures, Sands Capital, 8VC, Lux Capital, Stripes, 137 Ventures, Avenir Growth, Definition Capital
Company Website: https://www.ramp.com/
Software Category: Financial Operations / Fintech / AI Automation
Source: https://www.prnewswire.com/news-releases/ramp-raises-200m-series-e-at-16b-valuation-as-companies-of-all-sizes-choose-ai-powered-finance-platform-302483377.html