Ramp raised $1.85B at a $60B valuation. The round was co-led by Dragoneer, Thrive, Founders Fund, Sands Capital, and Avenir Growth. Annualized revenue now exceeds $2B. Customer count reached 85,000. It now embeds AI agents across procurement, expense, and accounting products. Ramp launched a corporate credit card for AI agents. It entered the model routing business in August. Glass, a workspace for AI automations, launched earlier this month. Total funding raised is now about $5B.
What changed
Ramp was valued at $44B in June 2026.
What it unlocks
Expanding into AI-driven procurement, expense management, accounting, and model routing services.
- $60B valuation
- $1.85B raised
- $2B annualized revenue
- 85,000 customers
Sources