Ramp, the New York-based corporate spend management company, is now worth $44 billion. That’s nearly three times its roughly $16 billion valuation from about a year ago.
The company closed a $750 million Series F round, with ICONIQ, GIC, and Ontario Teachers’ Pension Plan leading the charge. Goldman Sachs Alternatives and D.E. Shaw also joined as new investors.
The numbers behind the hype
Ramp’s total payment volume surged approximately 170% year-over-year as of March 2026. That’s the company’s fastest growth pace in three years.
The platform now serves over 70,000 businesses, offering corporate cards, expense management, bill payments, and AI-powered procurement and spend intelligence tools.
