In just 3 months, Ramp’s valuation jumped to $16B, up from $13B

Spend the management start ramp announcement On Tuesday, he raised an E series of $ 200 million led by his largest investor, Founders Fund, to a post-money assessment of $ 16 billion. This is an increase of $ 3 billion in the jaw compared to $ 13 billion assessment ramp announced Barely a few months ago in March, after a sale of secondary shares of $ 150 million.

Its current evaluation is also more than double The post-money assessment ramp of $ 7.65 billion reached just over a year ago When he raised $ 150 million. CEO Eric Glyman remains a mother about income figures, although in March, he said that income had experienced “incredible growth” compared to the previous figures he published. In the summer of 2023, he said that Ramp had succeeded $ 300 million in annualized income.

Others, largely existing, of investors, who participated in the Tour of the E series include Thrive Capital, D1 Capital Partners, General Catalyst, GIC, Iconiq Growth, Khosla Ventures, Sands Capital, 8VC, Lux Capital, Stripes, 137 Ventures, future Growth and Capital definition.