Technology
Ramp hits $60B valuation following massive new funding round
Financial operations platform Ramp has secured a substantial investment of $1.85 billion, elevating its corporate valuation to $60 billion. This milestone arrives just months after a prior financing event, driven by rapid business expansion and a growing customer base that now exceeds 85,000 organizations. Alongside traditional expense tracking, the startup is aggressively integrating artificial intelligence into its product ecosystem. Recent developments include specialized AI agent credit cards, token spend management tools, and collaborative workspaces designed to capture organizational automation knowledge.