Ramp raises $300 million, now valued at $32bn
Ramp, the fintech company making waves in business finance, just raised $300 million in fresh funding led by Lightspeed.
This comes after a string of big rounds this year, pushing Ramp's valuation from $13 billion to a massive $32 billion in just eight months.
What does Ramp actually do?
Ramp helps businesses manage spending with its all-in-one platform—think corporate cards, automated expense tracking, and AI-powered receipt matching that seriously speeds up accounting.
The platform connects smoothly with over 200 tools like QuickBooks and NetSuite.
As of October 2025, Ramp has topped $1 billion in annualized revenue and is trusted by more than 50,000 customers around the world.
By the numbers
Total equity raised: $2.3 billion
Recent funding timeline: $150 million (March), $200 million (June), $500 million (July), plus this latest $300 million round