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Fintech Startup Ramp Raises $300M At A 28% Lower Valuation Of $5.8B

Fintech Startup Ramp Raises $300M At A 28% Lower Valuation Of $5.8B

08/22/23, 3:30 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgnew york
Money raised
$300 million
Industry
payments
software
internet services
financial services
Fintech startup Ramp has raised $300 million in a funding round co-led by existing backer Thrive Capital and new investor Sands Capital at a post-money valuation of $5.8 billion.

Company Info

Company
Ramp
Location
71 5th avenue
new york, new york, united states
Additional Info
Ramp is an all-in-one financial operations platform designed to save businesses time and money. Combining corporate cards, expense management, bill payments, accounting automation, and more, Ramp empowers finance teams to do their best work. More than 30,000 companies, from family-owned farms to to space startups, have saved $2B and 20M hours with Ramp since its founding in 2019.

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