Announcement
Ramp raises $1.85 billion at a $60 billion valuation
Ramp says 85,000 businesses on its platform save a combined $1 billion-plus per month.
TLDR
Ramp announced on October 15, 2026, that it had raised $1.85 billion at a $60 billion valuation. It said 85,000 businesses on Ramp were saving a combined $1 billion-plus monthly and pointed to AI tools it had built in 2026, including Stack, Token Spend Management, Router and Glass. Ramp says Router is designed to match AI requests with the lowest-cost model that meets their performance needs.
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