Ramp, a corporate spend management startup, is in talks to raise its valuation to over $40 billion. According to Wall Street Journal sources, the company plans to raise $750 million in a new funding round. Although the deal is not yet finalized, this figure indicates high investor demand for the company. This is reported by Techcrunch.com reporting .
Recall that Ramp raised $300 million in November last year at a $32 billion valuation. The company conducted several funding rounds throughout 2025 and managed to increase its valuation significantly each time. Specifically, in July, the company was valued at $22.5 billion, and prior to that, at $16 billion.
Ramp founder and CEO Eric Glyman announced that the company's revenue has doubled in a year, reaching $1 billion. One of the key factors for this success is the integration of artificial intelligence technologies into its spend management products.
The smart agents developed by the company automatically block non-compliant purchases, detect fraud, and direct funds into interest-bearing investments. It is this growth rate and AI-based solutions that are attracting the attention of venture investors.
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