Ramp’s valuation jumps to $44B after $750M funding round
The corporate spend management platform nearly tripled its valuation in under a year, fueled by AI-powered financial tools and a quiet push into stablecoin payments.
Share
Add us on Google by Editorial Team Jun. 5, 2026A fintech company that helps businesses manage their spending just raised $750 million and landed a $44 billion valuation. Ramp, the New York-based corporate card and expense platform, closed its Series F round on June 4, with backing from some of the biggest names in institutional finance.
Ramp’s valuation was roughly $32 billion in November 2025. That means the company nearly tripled its value over the course of about a year.
AdvertisementWho wrote the checks
The round was co-led by ICONIQ, GIC (Singapore’s sovereign wealth fund), and the Ontario Teachers’ Pension Plan. New equity investors joining the cap table include Goldman Sachs Alternatives, D.E. Shaw & Co., and Morgan Stanley Investment Management.
With this round, Ramp has now raised more than $3 billion in total equity.
The numbers behind the hype
The company reports annualized revenue exceeding $1 billion and says it has achieved positive operating cash flow. Annual purchase volume processed through Ramp’s platform now tops $200 billion.
AI as the growth engine
Ramp has aggressively embedded artificial intelligence across its core product suite, automating expense management, policy enforcement, and fraud detection. The company has also expanded into managing spending categories specifically tied to AI technologies.
The stablecoin angle
Ramp now supports stablecoin accounts for business transactions, including both USDC and USDT.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
