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Ramp's latest funding highlights a strategic pivot where AI is no longer just a feature but the core infrastructure for its financial operations platform, specifically through model routing and agent-native credit products. The company's expansion into AI inference markets and collective knowledge workspaces like Glass demonstrates a tangible integration of machine learning into enterprise workflows rather than incidental marketing. This move positions Ramp as a significant player in the commercialization of AI agents within the finance sector.
Ramp reaches $60B valuation as it pushes deeper into AI
The funding comes as Ramp's annualized revenue crosses $2B, and its customer count reaches 85,000.
Expense management company Ramp said on Thursday that it had raised $1.85 billion in a new funding round that values it at $60 billion, just four months after raising $750 million at a $44 billion valuation. The financing was co-led by Dragoneer Investment Group, Thrive Capital, Founders Fund, Sands Capital, and Avenir Growth. Ramp said…
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