{"id":8758,"date":"2025-06-17T14:13:42","date_gmt":"2025-06-17T18:13:42","guid":{"rendered":"https:\/\/www.startupecosystem.ca\/news\/ramps-valuation-soars-to-16-billion-with-new-funding\/"},"modified":"2025-06-17T14:13:42","modified_gmt":"2025-06-17T18:13:42","slug":"ramps-valuation-soars-to-16-billion-with-new-funding","status":"publish","type":"post","link":"https:\/\/www.startupecosystem.ca\/news\/ramps-valuation-soars-to-16-billion-with-new-funding\/","title":{"rendered":"Ramp&#8217;s Valuation Soars to $16 Billion with New Funding"},"content":{"rendered":"<p>Ramp, a New York-based spend management startup, has announced a significant increase in its valuation to $16 billion following a $200 million Series E funding round led by Founders Fund. This marks a $3 billion increase from its previous valuation of $13 billion in March, achieved through a $150 million secondary share sale. The current valuation more than doubles its $7.65 billion valuation from just over a year ago. Other investors participating in the Series E round include Thrive Capital, D1 Capital Partners, General Catalyst, and several others. CEO Eric Glyman noted the company&#8217;s incredible revenue growth, having surpassed $300 million in annualized revenue by the summer of 2023.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ramp, a New York-based spend management startup, has announced a significant increase in its valuation to $16 billion following a $200 million Series E funding round led by Founders Fund&#8230;.<\/p>\n","protected":false},"author":1,"featured_media":951,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1434],"tags":[10679,413,10677,1819,10678],"class_list":["post-8758","post","type-post","status-publish","format-standard","has-post-thumbnail","category-global","tag-eric-glyman","tag-global-startup-news","tag-ramp","tag-series-e-funding","tag-spend-management"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Ramp&#039;s Valuation Soars to $16 Billion with New Funding - 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