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Ramp raising $750M at $40B+ valuation, up from $32B

Ramp is raising $750M co-led by Iconiq Capital and GIC at a valuation above $40B, up from $32B in November 2025.

May 7 · · primary fetch1 sourceupdated May 7 ·

Kate Clark / Wall Street Journal: Sources: Ramp told investors it is raising $750M co-led by Iconiq Capital and GIC at a valuation of $40B+ before the investment, up from $32B in November 2025 — The financing target represents a more than 30% increase from six months ago — The corporate card and expense management startup Ramp …

read full article on techmeme.com
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  1. techmeme.comSources: Ramp told investors it is raising $750M co-led by Iconiq Capital and GIC at a valuation of $40B+ before the investment, up from $32B in November 2025 (Kate Clark/Wall Street Journal)primary