Expense management platform Ramp completes $1.85 billion financing, valued at $60 billion

Ramp, the corporate spending management platform, co-founder and CEO Eric Glyman posted on X that Ramp has completed a $1.85 billion financing round, reaching a valuation of $60 billion. Ramp provides companies with corporate cards, expense management, and financial process automation services.

Eric Glyman stated that seven years ago he and co-founder Karim wrote the company's mission on a sticky note: "To save companies time and money." He mentioned that this mission has not changed, only the scale has become larger.