Ramp's July AI index: Anthropic's market share hit 43.5%, widening its lead over OpenAI; Fable 5 is only 6% of tokens businesses bought, likely due to high cost
Ramp's July AI index: Anthropic's market share hit 43.5%, widening its lead over OpenAI; Fable 5 is only 6% of tokens businesses bought, likely due to high cost
Dear Colleagues: Today's letter includes my monthly update of Ramp AI Index, our flagship research using spend data from Ramp to track how American businesses are using AI.
Investor docs: Anthropic's revenue run rate is on track to hit $50B by the end of June; Ramp says more of its customers now use Anthropic than OpenAI, a first
Investor docs: Anthropic's revenue run rate is on track to hit $50B by the end of June; Ramp says more of its customers now use Anthropic than OpenAI, a first
Kate Clark /Wall Street Journal:
Sources: Ramp has told investors it is raising $750M co-led by Iconiq Capital and GIC at a $40B+ valuation before the investment, up from $32B in November 2025
Sources: Ramp told investors it is raising $750M co-led by Iconiq Capital and GIC at a valuation of $40B+ before the investment, up from $32B in November 2025
The financing target represents a more than 30% increase from six months ago — The corporate card and expense management startup Ramp …
A look at Anti Fund, a small VC firm cofounded by YouTuber Jake Paul that has gained access to hot rounds in startups like OpenAI, Anduril, Polymarket, and Ramp
Jake Paul crossed paths with OpenAI CEO Sam Altman at President Donald Trump's second inauguration ceremony last year …
Sources: Ramp is in talks to raise $350M led by Iconiq at a ~$21B valuation, after raising $200M at a $16B valuation in June
The Information : X: @buccocapital and @sri_batchu X: @buccocapital : At first my take was gonna be that Ramp raising at $16B in June and then $21B a month later was ridiculous... And then I remember...
Klarna's planned H1 2025 US IPO could presage an uptick in IPOs by fintechs like Trustly, Chime, Zilch, Plaid, Revolut, Zopa, Brex, and Ramp after a slow period
Bloomberg : LinkedIn: Brennin Kroog LinkedIn: Brennin Kroog : Very insightful article from Anna Irrera at Bloomberg that I was able to contribute to regarding the state of the FinTech landscape again...
Linear, which sells project management tools to startups like Cohere, Runway, and Ramp, raised a $35M Series B led by Accel, sources say at a ~$400M valuation
The four-year-old startup founded by three Finns is already used by fellow startups like Cohere, Ramp and Runway. X: @linear , @cjc , and @alexrkonrad X: @linear : We're excited to share that we raise...