Ramp hits 60 billion valuation
Financial technology startup Ramp raised one point eight five billion dollars in a funding round led by Dragoneer Investment Group. The new financing values the company at sixty billion dollars as it expands its artificial intelligence offerings.
Financial technology startup Ramp raised $1.85B in a primary financing round on Thursday afternoon, valuing the company at $60B. The valuation marks a rise from $44B in June, when the United States-based firm raised $750M. The capital injection highlights investor appetite for automated corporate software as artificial intelligence reshapes expense management.
