Ramp: $32 Billion Valuation Achieved After $300 Million Raise And Tender Offer
By Amit Chowdhry ● Nov 17, 2025
Ramp announced that it has reached a valuation of $32 billion after completing a $300 million primary financing round alongside an employee tender offer, marking one of the most significant private funding events of 2025 in the financial operations sector. Lightspeed Venture Partners led the round, joined by a substantial roster of existing backers including Founders Fund, D1 Capital Partners, Coatue, GIC, Avenir Growth, Thrive Capital, Sutter Hill Ventures, T. Rowe Price, Khosla Ventures, ICONIQ, Glade Brook Capital Partners, Soma Capital, Emerson Collective, 8VC, Lux Capital, Definition Capital, 137 Ventures, General Catalyst, Box Group, Kultura Capital, Pinegrove Venture Partners, Anti Fund, and Stripes. New investors included Alpha Wave Global, Bessemer Venture Partners, Robinhood Ventures, 1789 Capital, Epicenter Capital, and Coral Capital.