{"id":13140,"date":"2025-07-30T17:26:21","date_gmt":"2025-07-30T17:26:21","guid":{"rendered":"https:\/\/naijaglobalnews.org\/?p=13140"},"modified":"2025-07-30T17:26:21","modified_gmt":"2025-07-30T17:26:21","slug":"ramp-hits-22-5b-valuation-just-45-days-after-reaching-16b","status":"publish","type":"post","link":"https:\/\/naijaglobalnews.org\/?p=13140","title":{"rendered":"Ramp hits $22.5B valuation just 45 days after reaching $16B"},"content":{"rendered":"<p>\n<\/p>\n<p id=\"speakable-summary\" class=\"wp-block-paragraph\">Eric Glyman, co-founder and CEO of expense management startup Ramp, announced on Wednesday a fresh $500 million raise at a whopping $22.5 billion post-money valuation.<\/p>\n<p class=\"wp-block-paragraph\">This new round, led by Iconiq Growth with participation from Founders Fund and D1 Capital Partners, comes just 45 days after Ramp\u2019s last round. In June, Ramp raised $200 million at a $16 billion valuation, and that was a leap over the\u00a0$13 billion valuation Ramp announced in March.<\/p>\n<p class=\"wp-block-paragraph\">In his blog post, Glyman laid out his vision for AI agent-led \u201cautonomous finance\u201d that he predicts will be the norm by 2028. To this end, Ramp just launched its first agent with plans to launch more.<\/p>\n<p>Ramp\u00a0has now raised $1.9 billion total. The company became cash-flow positive earlier this year, it told TechCrunch. In March, Glyman told us Ramp had hit annualized revenue of $700 million. It currently claims 40,000 customers.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Eric Glyman, co-founder and CEO of expense management startup Ramp, announced on Wednesday a fresh $500 million raise at a whopping $22.5 billion post-money valuation. This new round, led by Iconiq Growth with participation from Founders Fund and D1 Capital Partners, comes just 45 days after Ramp\u2019s last round. In June, Ramp raised $200 million<\/p>\n","protected":false},"author":1,"featured_media":13141,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[52],"tags":[6841,6839,546,102,6838,6840,6730],"class_list":{"0":"post-13140","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-technology","8":"tag-16b","9":"tag-22-5b","10":"tag-days","11":"tag-hits","12":"tag-ramp","13":"tag-reaching","14":"tag-valuation"},"_links":{"self":[{"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=\/wp\/v2\/posts\/13140","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=13140"}],"version-history":[{"count":0,"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=\/wp\/v2\/posts\/13140\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=\/wp\/v2\/media\/13141"}],"wp:attachment":[{"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=13140"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=13140"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=13140"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}