Ramp in talks to raise $1 billion at a $60 billion valuation
US corporate spend management platform Ramp is in discussions to raise approximately $1 billion in new funding at a $60 billion valuation, a significant increase from its $44 billion valuation three months ago. The company, which has raised $3 billion to date, reported annualized revenue exceeding $1.5 billion as of June.
Summaries are written by AI from the original article. Not investment advice.