Today, Ramp raised $750M at a $44B valuation.
Last time we grew this fast, we were 1/20th the size.
For 2000 years, business was built on two pillars. Today, a third: intelligence.
It’s your least governed cost. It’s also your single greatest opportunity.
Positive users congratulated Ramp's team on the $750M raise at $44B valuation with AI as a pillar, while negative users dismissed the AI framing as exaggerated for a spend tool or urged an IPO.
@eglyman It's inevitable
https://www.bloomberg.com/news/articles/2026-06-04/ramp-notches-44-billion-valuation-in-new-funding-round
Most companies raise to defend what they built.
We raised because customers keep pulling us further.
Accounting firms weren't on our core roadmap 6 mo ago, it's a $150B industry. AI spend mgmt didn't exist a year ago. Europe launches this year. Demand isn't the constraint. We're trying not to be.
Today, Ramp raised $750M at a $44B valuation.
Last time we grew this fast, we were 1/20th the size.
For 2000 years, business was built on two pillars. Today, a third: intelligence.
It’s your least governed cost. It’s also your single greatest opportunity.
@eglyman Hell yeah brother
Thank you @nmasc_ and @RebeccaTorrenc5, appreciate the time and care you both put into this one https://www.bloomberg.com/news/articles/2026-06-04/ramp-notches-44-billion-valuation-in-new-funding-round
@eglyman Your platform published the data: DeepSeek #1 on trending as teams route commodity work to the open floor. Governance runs deeper: reasoning tokens bill at output rates, agentic tasks burn ~1,000x more per task (Stanford). Thread:
@eglyman Not bad for a credit card company
@eglyman Whenever Ramp raises, I'm always reminded that the crew there starts every board meeting restating the number of days since inception to keep a high sense of urgency
Seems to be working
@eglyman Congratulations, Eric. Ramp is an incredible platform and incredible company
@eglyman @nicholas_chong_ yo molly tea on you big dawg
@eglyman ramp, the neolab?
@eglyman @JTLonsdale Epic
@eglyman Congrats, killing it @eglyman @karimatiyeh + team!!
@eglyman ramp mode
@eglyman Congratulations! 👏
@eglyman Congrats @eglyman ! Really excited to see routing on your roadmap, we should collaborate! Been working on this space for the past two years—want to talk?
http://notdiamond.ai
@eglyman 🔥 Congrats!
@eglyman In what ways does this not also exactly describe an AWS enterprise contract during the early years of AWS before they built in all the financial engineering and governance? (I agree with your conclusion, though!)
@eglyman @FoundersPodcast World class execution!
@eglyman No better time to be building 💪
@eglyman @JTLonsdale Incredible announcement. Bravo lads
Today, Ramp raised $750M at a $44B valuation.
Last time we grew this fast, we were 1/20th the size.
For 2000 years, business was built on two pillars. Today, a third: intelligence.
It’s your least governed cost. It’s also your single greatest opportunity.