AI monetary operations staartup Ramp introduced its Collection E-2, elevating $500 million at a $22.5 billion valuation. With this spherical, New York-based Ramp has raised $1.9 billion in complete fairness financing. The corporate stated it started producing money move earlier this 12 months.
ICONIQ led the spherical, with continued help from present buyers together with all contributors from the June 2025 Collection E: Founders Fund, D1 Capital Companions, GIC, Coatue, Avenir Progress, Thrive Capital, Khosla Ventures, Sands Capital, 8VC, Lux Capital, Altimeter, Definition Capital, 137 Ventures, Common Catalyst, and Stripes. New buyers for this spherical embrace: Sutter Hill Ventures, Lightspeed Ventures, T. Rowe Worth Associates, Inc., GV (Google Ventures), Emerson Collective, Operator Collective, and Pinegrove Capital Companions.
“We’re centered on making certain our solely constraint is the dimensions of our ambition,” stated Will Petrie, Chief Monetary Officer at Ramp. “We’ve got a fortress steadiness sheet and an accelerating core enterprise. Each will enable us to play to win as AI reshapes the way forward for finance.”
Ramp is a monetary operations platform designed to save lots of firms money and time by automating tedious, time consuming duties. Its all-in-one resolution combines funds, company playing cards, vendor administration, procurement, journey reserving, and automatic bookkeeping with built-in intelligence to maximise the impression of each greenback and hour spent. Over 40,000 prospects, from household farms to area startups, have saved $10 billion and 27.5 million hours with Ramp, in response to the corporate, which was based in 2019.
