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Ramp's $500M Funding Round Boosts Valuation to $22.5B - New York ...
NEW YORK, USA, JUL 30 – Ramp raised $500 million to accelerate AI-driven automation that helps clients detect 15 times more policy violations and saves over $10 billion, serving 40,000 businesses.
- On July 30, 2025, New York-based Ramp announced it raised $500 million in a Series E-2 round led by ICONIQ Growth at a $22.5 billion valuation.
- Earlier this month, Ramp launched its first autonomous AI agents, and the funds will help hire engineers, product experts and marketing staff to build AI agents.
- Meanwhile, Ramp’s platform powers over $80 billion in annualized purchase volume and supports more than 40,000 customers, saving over $10 billion and 27.5 million hours.
- The latest round brings Ramp's total equity financing to $1.9 billion and marks a second funding round within 45 days.
- Looking ahead, by 2028 Roy Luo, Iconiq Growth general partner, said Ramp is leading in agentic AI, and autonomous AI with human oversight will feel as natural as tapping to pay.
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Ramp raises $500M to bring AI agents to corporate finance, hits $22.5B valuation - Tech Startups
Ramp just pulled in half a billion dollars to teach software how to think like a finance team. The New York-based fintech startup has raised $500 million in a Series E-2 round led by Iconiq, with participation from Founders Fund, […] The post Ramp raises $500M to bring AI agents to corporate finance, hits $22.5B valuation first appeared on Tech Startups.
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Leaning Left2Leaning Right1Center5Last UpdatedBias Distribution63% Center
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- 63% of the sources are Center
63% Center
L 25%
C 63%
12%
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