TechBloomberg1h ago
Ramp raised about $1.85B led by Dragoneer and Thrive Capital at a $60B
Sources: Ramp raised about $1.85B led by Dragoneer and Thrive Capital at a $60B pre-money valuation, up from $44B in June, when it raised $750M
TL;DRRamp raised $1.85B at $60B valuation, up from $44B four months ago.
Why it matters: Validates explosive growth in corporate spend management; signals investor confidence in fintech despite recent market skepticism.
Fintech startup Ramp has reached a roughly $60 billion valuation with its latest fundraising effort, according to people familiar with the matter.
Read full articleSource: Bloomberg · Opens in new tab