AICNBC Tech1 day ago
Ramp hits $44 billion valuation with $750M funding
1 min read
Ramp announces $750 million funding at $44 billion valuation. The round is led by ICONIQ, GIC and Ontario Teachers' Pension Plan. Valuation rises 38% from prior level. Ramp reports $1 billion annualized revenue and positive free cash flow. CEO Eric Glyman says CFOs are shocked by token-based AI spending growth and lack of budget planning.
Level
Hype check
Tap to vote and see what everyone thinks.
