Ramp in talks to hit $40B+ valuation

2026-05-11

Ramp is reportedly in talks to raise $750 million at a pre-money valuation above $40 billion, just six months after reaching a $32 billion post-money valuation. The company has seen rapid investor demand, driven by strong revenue growth, including $1 billion in revenue as of November, and its push to embed AI agents across spend management workflows.