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Sunday, 29 June 2025
Startups

In just 3 months, Ramp’s valuation jumped to $16B from $13B

In just 3 months, Ramp’s valuation jumped to B from B

Spend Management Startup Ramp Announced On Tuesday that on Tuesday, he evaluated a $ 16 billion to a $ 200 million series E -$ 200 million under the leadership of his biggest investor, Founders Fund. This is an increase of $ 3 billion leaving a jaw An announcement of $ 13 billion assessment ramp A few months ago in March from a secondary share sale of $ 150 million.

This current assessment is also more than doubled The ramp of $ 7.65 billion turned a bit a year ago When it raised the posts of posts of $ 150 million $ 7.65 billion. CEO Eric Glyman Revenue’s figures are left about, although in March he said that revenue had experienced “incredible development” on previous figures. In summer of 2023, he said that the ramp passed $ 300 million in the annual revenue.

Other VCs, existing current investors, who participated in the series E round, include Thrive Capital, D1 Capital Partners, General Catelist, GIC, Iconic Growth, Khosla Ventures, Sands Capital, 8VC, Lux Capital, Strips, 137 Ventures, Averani Growth and Definital Capital.

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