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Chronicles

The story behind the story

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Corporate spending management platform Ramp raised $750M at a $44B valuation led by Iconiq, Singapore's GIC, and the OTPP, taking its total funding to $3B

Bloomberg

Discussion

  • @eglyman Eric Glyman on x
    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. [image]
  • @diegozaks Diego Zaks on x
    Every single Product designer at @tryramp is running multiple agents to do work, spinning up prototypes, shipping code, fixing bugs and adding polish directly. Each Brand designer is building tooling to do their work. Q, our AI production designer learns to use those tools and
  • @ian_dot_so Ian Tracey on x
    It's Day 275 for me at @tryramp. Going in, I assumed the glowing reputation was marketing, but it isn't. It's unlike any other place I've worked in my career. What I've seen so far: Attracting and nurturing top talent is the primary strategy. The bet is ingrained in every part
  • @geoffintech Geoff Charles on x
    In the age of abundant intelligence, finance teams are no longer managing people and vendors - but tokens powering their entire organization. This spend often goes unnoticed, unmanaged, and unoptimized. This is the gap Ramp is building for, and today we raised a new round to
  • @tryramp @tryramp on x
    @business Grateful to @ICONIQCapital, GIC, and @otppinfo for leading this round, alongside new investors @GoldmanSachs Growth Equity, @MorganStanley, D.E. Shaw & Co, Generation Investment Management, @insightpartners, and BroadLight Capital, and returning ones @foundersfund, @lig…
  • @alexrkonrad Alex Konrad on x
    Ramp is now worth 1/22 an Anthropic
  • @btaylor Bret Taylor on x
    @eglyman Congratulations, Eric. Ramp is an incredible platform and incredible company
  • @rampcapitalllc @rampcapitalllc on x
    Probably the biggest bag fumble ever was not trademarking Ramp and making @tryramp pay 8 figures for naming rights
  • @lalizlabeth Elizabeth Lin on x
    i'm two months in at ramp and our design team is leading how design is changing in the industry! every designer is learning to manage custom agents and building their own workflows. i've been supporting every designer in their learning journey and watching the team grow has been
  • @rabois Keith Rabois on x
    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.
  • @iconiqcapital @iconiqcapital on x
    Five years ago, we met @eglyman and @karimatiyeh as @tryramp was entering a crowded spend management category with a different mentality: saving customers time and money. Since then, Ramp has grown into an AI-powered operating system for modern finance, including spend, [video]
  • @packym Packy McCormick on x
    my meme team gets stronger with every billion. it's 44 strong now. [video]
  • @karimatiyeh Karim Atiyeh on x
    Most companies slow down at scale. Ramp is accelerating. 70,000+ businesses now run on Ramp. AI agents are becoming part of the finance team. And @RampLabs is shipping frontier experiments every week. Today: $ 44B. The next chapter of finance will be agentic and we're building
  • @ypatil125 Yash Patil on x
    There is literally no ceiling for Ramp. @eglyman and @karimatiyeh have built one of the rare companies that keeps getting faster as it scales: ambitious, high-velocity, and operating with a level of intensity that's unparalleled.
  • @iandmacomber Ian Macomber on x
    The finance teams who figure out how to allocate frontier intelligence will determine what their companies become capable of. We're here for them 🫡🫡
  • @graceisford Grace Isford on x
    Another huge milestone for @Lux_Capital portfolio co @tryramp - explosive growth and one of the most interesting app companies shipping LLM features & infrastructure today 👇
  • @vral Veeral Patel on x
    the best product we built at ramp was the culture - this is the best articulation i've seen yet from krish @krrishd [image]
  • @_dylanga Dylan Garcia on x
    Only 3 more rounds until Series Inspect
  • @lulumeservey Lulu Cheng Meservey on x
    Ramp is a case study in execution There have been multiple companies with similar ambitions, and Ramp is lapping everyone because it is simply one of the best run companies in existence
  • @iconiqcapital @iconiqcapital on x
    In 2019, @eglyman and @karimatiyeh started @tryramp with a simple idea: help businesses spend less and operate faster through better financial software. What began as a corporate card and spend management platform grew, year by year, into something much wider - payments, expense …
  • Eric D. Young Eric D. Young on linkedin
    When I joined Ramp in September (it's Day 263 for me), I was confident that it was both a great place to be and would continue to grow significantly - can we say understatement?! …
  • Camryn Alibrandi Camryn Alibrandi on linkedin
    It's day 2,635 here at Ramp.  And today felt different.  —  Ramp just announced a $44B valuation and the internet is buzzing. …
  • Geoff Charles Geoff Charles on linkedin
    Today, Ramp raised $750M at a $44B valuation.  —  Our growth keeps accelerating and our ambitions keep growing. …
  • Claire St. Cyr Claire St. Cyr on linkedin
    The number I've been thinking about isn't Ramp's new valuation.  —  It's this one: in May 2026, the median Ramp customer saved 50% more dollars and 32% more hours per year than they did a year ago. …
  • Courtney Windler Courtney Windler on linkedin
    A year ago, Ramp engineers wrote 100% of customer-facing code.  Today, I shipped a PR before 8am to solve a customer issue.  —  We don't just build products. …
  • Claire Churpek Claire Churpek on linkedin
    Every week I talk to finance teams who are buried.  Buried in receipts, approvals, reconciliations... work that used to just be “the job.” …
  • Amanda Simich Amanda Simich on linkedin
    Next week marks my 4 years at Ramp.  —  When I joined:  —  → $8B valuation  —  → ~15,000 customers  —  This morning: …
  • Archie Reynolds Archie Reynolds on linkedin
    Ramp just raised $750M at a $44B valuation.  —  Easy to get lost in the pace of this industry and forget to stop and celebrate.  Today's a good day to do that. …
  • Elliot Silverstein Elliot Silverstein on linkedin
    Ramp raised $750M at a $44B valuation today.  —  Coming up on three years, and today puts the evolution in perspective.  We started as a card and expense company. …
  • Eric Glyman Eric Glyman on linkedin
    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. …
  • Katie Kidder Katie Kidder on linkedin
    Most companies slow down at scale.  We're doing the opposite.  —  Three years ago, Ramp was growing fast.  Today — same pace, 20x the size. …