Ramp completes $1.85 billion financing at a $60 billion valuation
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On October 19, 2026, expense management platform Ramp announced the completion of $1.85 billion in financing, reaching a valuation of $60 billion. This round was led by Dragoneer Investment Group, with Thrive Capital, Founders Fund, Sands Capital and Avenir Growth co-leading. Follow-up reports the same day confirmed the above financing amount, valuation and lead investor information, and said Ramp will step up AI. On October 21, 2026, TravelDaily China reported that U.S. expense management platform Ramp obtained $1.85 billion in financing, reaching a valuation of $60 billion, consistent with the amount and valuation in earlier reports. There is currently no further disclosure regarding the specific use of funds or subsequent arrangements.
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- TravelDaily ChinaUS expense management platform Ramp secures $1.85 billion in funding, valuation reaches $60 billion
US expense management platform Ramp has secured $1.85 billion in funding, reaching a valuation of $60 billion.
- Business Travel NewsRamp completes $1.85 billion funding round at $60 billion valuation and doubles down on AI
Spend management platform Ramp has completed a $1.85 billion funding round, with the company valued at $60 billion. The round was led by Dragoneer Investment Group, with Thrive Capital, Founders Fund, Sands Capital and Avenir Growth co-leading.
- PhocusWire All NewsRamp completes $1.85 billion funding round at a $60 billion valuation and steps up AI
Expense management platform Ramp has completed a $1.85 billion funding round at a $60 billion valuation, led by Dragoneer Investment Group, with Thrive Capital, Founders Fund, Sands Capital and Avenir Growth as co-leads.