Ramp Hits $44 Billion Valuation in Latest Funding Round

Ramp, the New York-based corporate spend management company, is now valued at $44 billion-nearly three times its valuation from a year ago.

The company closed a $750 million Series F round, led by ICONIQ, GIC, and Ontario Teachers’ Pension Plan. Goldman Sachs Alternatives and D.E. Shaw joined as new investors.

Ramp’s total payment volume surged about 170% year-over-year as of March 2026, its fastest growth in three years. The platform now serves over 70,000 businesses with corporate cards, expense management, bill payments, and AI-powered procurement tools.

CEO Eric Glyman says AI is reshaping corporate spending patterns, with Ramp acting as the financial control layer for that shift.

Total capital raised exceeds $1.2 billion, giving Ramp substantial runway to expand.