Ramp raises $300M at a $3.9 B evaluation, makes its very first acquisition

Ramp raises $300M at a $3.9 B evaluation, makes its very first acquisition

Less than 5 months after raising $115 million, invest management start-up Ramp announced today it has raised $300 million in a Series C round of funding that values the company at $3.9 billion. That’s more than double the $1.6 billion that New York-based Ramp was valued at in April at the time of its Series […] It’s been an excellent year for Ramp, which first released its business card in August of 2019. And, impressively, Ramp has seen its deal volume boost year over year by 1,000%, according to CEO and co-founder Eric Glyman. A wide range variety customers consumers Utilize from startups/unicorns such as Ro, DoNotPay, Better, ClickUp and Applied Intuition instinct established businesses companies Bristol Hospice, Walther Farms, Douglas Elliman and Planned ParenthoodBeing A Parent Other methods Ramp helps its customers conserve consist of providing 1.5%cash back” on whatever,”assisting them determine methods to invest less, such as identifying and canceling duplicitous subscriptions and recognizing redundancies in licenses.