
Spending management starting ramp announced On Tuesday, it raised $ 200 million from a series and led by its largest investor, Founders Fund, Post-Money Rating of $ 16 billion. This is a jaw falling $ 3 billion growth over the $ 13 billion estimated ramps announced Just a few months ago in March, after sale of $ 150 million.
Its current assessment is also more than double The $ 7.65 billion Post-Money rate ramp hit a little over a year When it raised $ 150 million. CEO Eric Glyman remains a mom about income figures, although in March he said that revenue experienced “incredible growth” over the previous figures it released. In the summer of 2023, he said Ramp had passed $ 300 million in annual revenue.
Other VCs, mostly existing investors who participated in the E -Round series, include Thrive Capital, D1 Capital Partners, General Catalyst, GIC, Iconiq Growth, Khosla Ventures, Sands Capital, 8VC, Lux Capital, Stripes, 137 Ventures, Avenir Growth and Definion Capital.