Ramp, a financial operations platform based in the US, has raised $200m in a Series E funding round that values the company at $16bn.
The round was once again led by Founders Fund, marking the firm’s continued commitment as Ramp’s first and largest investor.
The funding also drew participation from a broad group of high-profile investors, including Thrive Capital, D1 Capital Partners, General Catalyst, GIC, ICONIQ Growth, Khosla Ventures, Sands Capital, 8VC, Lux Capital, Stripes, 137 Ventures, Avenir Growth, and Definition Capital.
Founded in 2019, Ramp offers an all-in-one finance platform that combines payments, corporate cards, procurement, travel booking, vendor management, and automated bookkeeping. The platform is designed to improve financial efficiency for businesses by using artificial intelligence to optimise how money and time are spent.
The newly secured capital will be used to enhance Ramp’s AI-powered product suite and further its mission of helping companies save both money and time. The company has stated that half of its customer base uses multiple tools within its integrated platform, which reflects the growing demand for comprehensive financial solutions.
Currently, Ramp serves over 40,000 businesses including prominent names such as CBRE, Shopify, Anduril, Notion, and Vercel. The platform supports more than $80bn in annualised transaction volume, and according to Ramp, it has helped customers save $10bn and 27.5m hours to date.
Ramp said its technology caters to companies of all sizes—from small family-run operations to large-scale tech and aerospace firms. The company’s offering spans corporate cards, bill payments, expense management, and treasury, with a focus on automation and integration.
Keep up with all the latest FinTech news here
Copyright © 2025 FinTech Global
