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Ramp raises $1.85 billion at $60 billion valuation
Original: Ramp has raised 1.85B USD in a funding round, bringing the fintech startup to a 60B USD valuation. Dragoneer and Thrive
Fintech startup Ramp has raised $1.85 billion in a new funding round, pushing its valuation to $60 billion. Dragoneer and Thrive Capital led the round, with Founders Fund also taking part. The scale of the raise and the steep jump in valuation are drawing attention as a marker of continued investor appetite for fintech despite broader funding caution.
Why now: The unusually large round and rapid valuation jump make it one of the biggest fintech fundraises of the moment.
RampDragoneerThrive CapitalFounders Fund
Evidence
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