Ramp Raises $750M Series F
Ramp raises $750M Series F at a $44B valuation led by ICONIQ, GIC, and Ontario Teachers' Pension Plan to advance its AI-powered financial platform.
Ramp Raises $750M Series F at $44B Valuation
Ramp, based in New York, is a financial operations platform that helps companies manage expenses, payments, and accounting through an AI-powered infrastructure. The company has raised $750 million in a Series F funding round, bringing its total equity financing to over $3 billion.
Investors
This round was led by ICONIQ, GIC, and Ontario Teachers' Pension Plan. Additional participants included Goldman Sachs Alternatives, D.E. Shaw & Co., Morgan Stanley Investment Management, Generation Investment Management, Insight Partners, BroadLight Capital, Founders Fund, Lightspeed Venture Partners, D1 Capital Partners, T. Rowe Price, General Catalyst, Alpha Wave Global, 137 Ventures, Thrive Capital, Coatue, Sands Capital, Khosla Ventures, 1789 Capital, Avenir Growth, BoxGroup, 8VC, Pinegrove Venture Partners, Definition Capital, and Stripes.
Ramp Use of Funds
Ramp plans to use the capital to further invest in AI advancements for its customers, including expanding its capabilities in token spend management, procurement, and accounting workflows.
About Ramp
Founded in 2019 by Eric Glyman, Ramp provides a smart financial platform designed to save companies time and money. Its software streamlines approvals, processes payments, and automates closing the books, serving over 70,000 organizations ranging from early-stage startups to Fortune 100 companies.
Funding Details
Company: Ramp
Raised: $750M
Round: Series F
Funding Date: June 4, 2026
Lead Investor: ICONIQ, GIC, Ontario Teachers' Pension Plan
Additional Investors: Goldman Sachs Alternatives, D.E. Shaw & Co., Morgan Stanley Investment Management, Generation Investment Management, Insight Partners, BroadLight Capital, Founders Fund, Lightspeed Venture Partners, D1 Capital Partners, T. Rowe Price, General Catalyst, Alpha Wave Global, 137 Ventures, Thrive Capital, Coatue, Sands Capital, Khosla Ventures, 1789 Capital, Avenir Growth, BoxGroup, 8VC, Pinegrove Venture Partners, Definition Capital, Stripes
Company Website: https://www.ramp.com
Software Category: Financial Technology
Source: https://www.prnewswire.com/news-releases/ramp-raises-series-f-at-44-billion-valuation-302791103.html