How Much Did Ramp Raise? Funding & Key Investors

Date August 22, 2025
R

Ramp

COMPANY INFO

Ramp Business Corporation, founded in March 2019 by Eric Glyman, Karim Atiyeh, and Gene Lee, is a private fintech company headquartered in New York City. With over 1,100 employees, Ramp offers a financial operations platform that includes corporate charge cards, expense management, and bill-payment software, helping companies automate and optimize their spending to save time and money. Their website is https://ramp.com/.

How Much Did Ramp Business Corporation Raise? Funding & Rounds and Investors

Ramp Business Corporation is a pioneering fintech company founded in 2019 by Eric Glyman, Karim Atiyeh, and Gene Lee. Headquartered in New York City, Ramp provides a comprehensive financial operations platform that streamlines corporate spending through expense management, corporate charge cards, and bill-payment software. With a rapidly growing team of over 1,100 employees, Ramp's mission centers on helping organizations automate and optimize their spend management, resulting in significant time and cost savings for customers.

Ramp Business Corporation's funding history demonstrates a remarkable trajectory of growth and innovation. Since its inception, Ramp has raised a total of $1.61 billion across 12 funding rounds, including a mix of venture capital, equity, and debt financing. Notable milestones include a $13 billion valuation in 2023, swiftly followed by a $16 billion valuation after its most recent Series E round in June 2025. The company's funding strategy emphasizes continual product innovation, strategic market expansion, and the integration of advanced AI capabilities. Ramp's funding rounds attracted top venture capital investors committed to driving the future of fintech and finance automation.

Funding Rounds

Series E - $200M - June 17, 2025

Ramp Business Corporation's latest Series E round raised $200 million to further expand market reach and accelerate the development of its AI-powered finance platform, solidifying its leadership in financial operations technology.

Series D-2 - $156M - April 17, 2024

This Series D-2 round was secured to foster product innovation, with a significant focus on enhancing Ramp’s AI capabilities and further improving its suite of spend management solutions.

Series D - $339M - August 17, 2023

Ramp’s Series D round raised $339 million to fuel additional market expansion and reinforce its presence as a dominant player in the fintech sector.

Series D - $200M - February 4, 2022

A $200 million Series D round aimed at broadening Ramp’s market footprint and accelerating growth in existing and new verticals.

Series D - $198M - December 30, 2021

Another Series D tranche of $198 million secured to drive continued market expansion and customer acquisition.

Series C - $351M - August 6, 2021

Ramp's $351 million Series C round supported scaling operations, infrastructure, and customer service capabilities.

Series B - $115M - March 17, 2021

This $115 million Series B was instrumental in supporting Ramp’s expansion efforts, powering new product development, and growing its client portfolio.

Series B - $31.9M - August 31, 2020

A $31.9 million Series B round dedicated to driving growth and enhancing Ramp’s product suite.

Series A - $15.5M - January 15, 2020

Ramp's $15.5 million Series A round was utilized for advancing product development.

Seed - $8M - June 28, 2019

The $8 million seed funding provided the foundation for Ramp's initial platform launch and early-stage growth.

Conventional Debt - $550M - March 21, 2022

Ramp raised $550 million in debt financing from Citi and Goldman Sachs to supplement working capital and fuel lending products.

Conventional Debt - $150M - February 10, 2021

An earlier $150 million debt round, led by Goldman Sachs, provided critical financing flexibility during aggressive growth phases.

Key Investors

Founders Fund

Founders Fund, a leading venture capital firm, has participated in multiple Ramp Business Corporation funding rounds, significantly supporting Ramp’s expansion and establishing it as a frontrunner in financial operations innovation.

Thrive Capital

Thrive Capital has been a consistent presence across Ramp’s funding rounds, contributing strategic insight and growth capital to strengthen Ramp’s market reach and technological leadership.

D1 Capital Partners

D1 Capital Partners, an influential investment firm, played a crucial role in multiple funding rounds, backing Ramp’s growth and expansion strategies.

General Catalyst

General Catalyst is a major investor in Ramp Business Corporation, fueling the company’s innovation pipeline and long-term vision as a leading fintech platform.

GIC

GIC, Singapore’s sovereign wealth fund, joined as a key investor in later rounds, adding strategic global perspective and institutional strength to Ramp’s investor syndicate.

Iconiq Capital

Iconiq Capital, a global investment management firm, has repeatedly backed Ramp, supporting its scaling operations and drive for innovation in financial technology.

Khosla Ventures

Khosla Ventures has contributed vital capital in recent funding rounds, especially to advance Ramp’s AI-driven product portfolio and disruptive technology strategy.

Sands Capital

Sands Capital joined Ramp’s investor roster, deepening the funding pool for growth and operational expansion.

8VC

8VC is a returning investor supporting Ramp’s early and ongoing venture capital needs, playing an important role in fueling corporate growth.

Lux Capital

Lux Capital actively participated in multiple funding rounds, supporting Ramp’s growth and expansion in the competitive fintech landscape.

Stripes

Stripes joined in recent funding, boosting Ramp’s ability to innovate and scale in the financial services industry.

137 Ventures, Avenir Growth Capital, Definition Capital, Sequoia Capital, Greylock, Redpoint Ventures, Coatue, Altimeter Capital, Vista Equity Partners, Spark Capital, BoxGroup, Conversion Capital, Stripe, Declaration Partners, Contrary, Neo, Citi, and Goldman Sachs

These investors – ranging from top venture capital firms to strategic partners and leading financial institutions – have all played pivotal roles in Ramp’s expansive funding journey, contributing capital, expertise, and network resources to drive Ramp’s continued ascent in fintech.

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