
Ramp Hits $16B Valuation in Series E Round
Key highlights
- Ramp reaches $16B valuation following $200M Series E financing.
- Founders Fund led the round for the fifth time, joined by 15+ top-tier investors.
- Over $80B annualized purchase volume now processed on Ramp’s platform.
- $10B and 27.5M hours saved for more than 40,000 business customers.
- AI innovations automate finance tasks, from expense reports to treasury.
Source: PR Newswire
Notable Quotes
“ People ask how we're using AI in finance and I have a simple answer for them. We use Ramp. ”
Rama Katkar, CFO at Notion
“ Most finance tools feel like they were built by people who've never worked at a high-velocity startup. Ramp's engineering team is elite and ships fast. ”
Michael Truell, CEO at Cursor
Why This Matters
Ramp’s latest funding milestone and $16 billion valuation signal strong investor confidence in the company’s mission to revolutionize financial operations through automation and AI. With an expanding suite of tools that reduce manual overhead and a rapidly growing user base, Ramp is positioning itself as a pivotal player in modern finance. This reflects a broader industry trend toward intelligent, time-saving enterprise solutions that streamline workflows and increase operational efficiency.