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RAMP
Ramp
Financial technology (corporate cards and spend management) ยท New York, New York ยท United States ยท Founded ยท 2019 ยท โ‰ˆ ยท 1,200 ยท employees

Ramp Funding โ€” Last Valued at $44B

Private

Ramp has raised $4.2B across 6 funding rounds, plus 7 undated rounds. The latest round valued Ramp at $44B post-money, with ICONIQ, GIC, Ontario Teachers' Pension Plan on the lead line.

ProfileValuationFundingCompetitorsStock & IPOHow to invest
Ramp funding ยท at a glance
Total raised, all rounds
$4.2B
sum of disclosed sizes
Funding rounds
6
plus 7 undated rounds
Latest round
$44B
post-money ยท Jun 2026
Lead on that event
ICONIQ
lead investor
2026
About Ramp

Ramp raised a $15 million Series A led by Founders Fund in February 2020 and reached a $22.5 billion valuation by mid-2025. In June 2026 it raised $750 million led by ICONIQ Growth, GIC and the Ontario Teachers' Pension Plan, lifting its valuation to $44 billion.

Funding timeline

The Ramp funding timeline

6 funding rounds, the latest highlighted.

2019
Ramp founded

Ramp was founded in 2019, United States.

UNDATED
Late-stage round, Series D-2, Series F, Series E extension, Series A follow-on, Series A, Seed

No date is disclosed for this round.

APR 2021
Series B at $1.6B post-money

A primary round โ€” the company sells new shares to investors it selects. $115M raised.

Valuation basispost-moneyAmount$115MPrice / shareLead
AUG 2021
Series C at $3.9B post-money

A primary round โ€” the company sells new shares to investors it selects. $300M raised.

Valuation basispost-moneyAmount$300MPrice / shareLead
AUG 2023
Series D at $5.8B post-money

Down round from the $8.1bn early-2022 mark. $300M raised.

Valuation basispost-moneyAmount$300MPrice / shareLead
JUN 2025
Series E at $16B post-money

A primary round โ€” the company sells new shares to investors it selects. $200M raised.

Valuation basispost-moneyAmount$200MPrice / shareLead
NOV 2025
Primary financing round + employee tender at $32B post-money

Employees (tender offer ran alongside the primary round); new investors Bessemer Venture Partners and 1789 Capital. $300M raised, led by Lightspeed Venture Partners.

Valuation basispost-moneyAmount$300MPrice / shareLeadLightspeed Venture Partners
JUN 2026LATEST
Series F at $44B post-money

A primary round โ€” the company sells new shares to investors it selects. $750M raised, led by ICONIQ, GIC, Ontario Teachers' Pension Plan.

Valuation basispost-moneyAmount$750MPrice / shareLeadICONIQ, GIC, Ontario Teachers' Pension Plan
IPO: NOT ANNOUNCED

No filing has been made.

Funding rounds

Ramp funding rounds in full

6 dated rounds, newest first.

Round
Date
Amount
Valuation
Price / share
Lead investors
Participation
Series F LATEST
Jun 2026
$750M
$44Bpost-money
โ€”
ICONIQ, GIC, Ontario Teachers' Pension Plan
โ€”
Primary financing round + employee tender
Nov 2025
$300M
$32Bpost-money
โ€”
Lightspeed Venture Partners
employees (tender offer ran alongside the primary round); new investors Bessemer Venture Partners and 1789 Capital
Series E
Jun 2025
$200M
$16Bpost-money
โ€”
โ€”
โ€”
Series D
Aug 2023
$300M
$5.8Bpost-money
โ€”
โ€”
down round from the $8.1bn early-2022 mark
Series C
Aug 2021
$300M
$3.9Bpost-money
โ€”
โ€”
โ€”
Series B
Apr 2021
$115M
$1.6Bpost-money
โ€”
โ€”
โ€”
Late-stage round
โ€”
$750M
$44Bpost-money
โ€”
ICONIQ Growth, GIC, Ontario Teachers' Pension Plan
โ€”
Series D-2
โ€”
$150M
$7.7Bpost-money
โ€”
โ€”
โ€”
Series F
โ€”
$750M
$44Bpost-money
โ€”
ICONIQ, GIC, Ontario Teachers' Pension Plan
New investors: Goldman Sachs Alternatives, D.E. Shaw & Co., Morgan Stanley Investment Management, Generation Investment Management, Insight Partners, BroadLight Capital; Previous investors: 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
Series E extension
โ€”
$500M
$22.5Bpost-money
โ€”
โ€”
โ€”
Series A follow-on
โ€”
$30M
โ€”
โ€”
โ€”
โ€”
Series A
โ€”
$15M
โ€”
โ€”
Founders Fund
โ€”
Seed
โ€”
$8M
โ€”
โ€”
โ€”
โ€”
Ramp ยท investors

Investors

Founders FundLEADIICONIQLEADGGICLEADOntario Teachers' Pension PlanLEADIICONIQ GrowthLEADLightspeed Venture PartnersLEADBessemer Venture Partners1789 Capital

Frequently asked questions

What is Ramp's valuation?โ€บ

The last valuation is $44B (post-money, Jun 2026).

Who has invested in Ramp?โ€บ

Lead investors for each round are in the funding timeline.

Who are Ramp's competitors?โ€บ

The closest financial technology (corporate cards and spend management) peers are on the competitors page.

How can I get exposure to Ramp?โ€บ

The routes section explains what is realistically available for a company at this stage.

Is Ramp publicly traded?โ€บ

No. Ramp is a private company; its shares do not trade on a public exchange.

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