CEO Eric Glyman calls tokens the fastest-growing business cost.
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.
Many users congratulated Ramp on its $750M raise at a $44B valuation and AI token pillar for its impressive growth, while others dismissed its AI lab claims as unsubstantiated and criticized token maxxing as a flawed strategy.
My goodness the Ramp folks are absolute animals.
This memo is very good btw. They are really looking around the corner. Frontier models are not becoming cheaper as literally every lab spokesperson says. The models are getting more expensive and when the focus starts turning to ROI the decision of what model to use for which task becomes ever more important.
I can't say much about the valuation, which granted is absolutely insane, except the team is absolutely bonkers and the products they build are exceptionally well done.
Kicking myself that I left my museum quality corporate card in a card reader at the Bowery citizenM. That thing was beautiful.
Congrats folks. It really is amazing seeing how far this company has gone since I became a user in mid-2022. 👏🏻
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.
third biggest ai lab after Anthropic and OpenAI now
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.
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.
Tokens are now the fastest-growing cost in business — and invisible to the systems built to manage spend. @tryramp raised $750M at $44B to help finance teams see and govern them.
Beasts
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
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.
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 It's inevitable
https://www.bloomberg.com/news/articles/2026-06-04/ramp-notches-44-billion-valuation-in-new-funding-round
These guys just keep shipping nonstop
It's actually incredible
Yesterday, Eric was emailing me about their new AI operating system. Today, he's casually announcing $44B valuation. They just don't stop shipping at Ramp.
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.
Another huge milestone for @Lux_Capital portfolio co @tryramp - explosive growth and one of the most interesting app companies shipping LLM features & infrastructure today 👇
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 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:
@maelan_sdmr @rabois @tryramp Yes, Opendoor actually uses Ramp. They switched from Brex and have a testimonial on Ramp’s site saying it was quick to implement and keeps things compliant for their team.
@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!!
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 ramp mode
