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Ramp hits $22.5B valuation just 45 days after reaching $16B


In 2025, Ramp keeps raising money at increasing valuations as its CEO pursues an AI-powered future.

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. In his blog post, Glyman laid out his vision for AI agent-led “autonomous finance” that he predicts will be the norm by 2028. In March, Glyman told us Ramp had hit annualized revenue of $700 million.

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