Ramp Valued at $60 Billion Following New Funding Round
By PYMNTS
AI summary of the source article
Spend management platform Ramp has reportedly reached a $60 billion valuation following a new $1.85 billion funding round. The reported $60 billion valuation excludes the newly raised capital.
Key facts
- Ramp reportedly secured a $60 billion valuation in its newest funding round.
- The spend management platform raised $1.85 billion in the round.
- The $60 billion valuation does not include the $1.85 billion raised.
Source excerpt · PYMNTS
Ramp has reportedly reached a $60 billion valuation with its newest funding round. That’s according to a report Friday (Oct. 9) by Bloomberg News, citing sources familiar with the matter. They said the spend management platform brought in $1.85 billion in the round, and that the $60 billion valuation does not include that amount. PYMNTS […] The post Ramp Valued at $60 Billion Following New Funding…