We're excited to announce that Ramp, the innovative all-in-one financial operations platform, has successfully raised $3.9 billion in its latest funding round. Since its founding in 2019, Ramp has quickly established itself as a transformative force in the finance sector, offering an expansive suite of services including corporate cards, expense management, bill payments, accounting automation, procurement, travel, treasury, and more. With a platform designed to streamline financial operations and optimize processes, Ramp empowers finance teams to do their best work while saving businesses both time and money.
The impressive influx of $3.9 billion will further solidify Ramp's mission to revolutionize financial management. This capital injection will be instrumental in accelerating product development, expanding market reach, and deepening the technological capabilities that set Ramp apart. Already trusted by over 40,000 companies—from family-owned farms to pioneering space startups—Ramp’s innovative approach has helped its clients save an astounding $10 billion and recoup 27.5 million hours of valuable time.
Key investors driving this new round include industry titans such as Founders Fund, Thrive Capital, Khosla Ventures, Sequoia, Greylock, Stripe, Goldman Sachs, Coatue, and Redpoint, alongside over 100 angel investors who bring a wealth of experience from leading companies. Backed by a team with a stellar track record from organizations like Stripe, Affirm, Goldman Sachs, and major tech innovators such as Meta, Uber, Netflix, and Twitter, Ramp continues to push the boundaries of what's possible in financial technology. As the company gears up to unlock the next phase of growth, Ramp remains committed to transforming how modern finance teams work, setting new industry standards along the way.
