In just 3 months, Ramp’s valuation jumped to $16B, up from $13B

Spend the Management Startup Ramp Declaration On Tuesday, it raised a $ 200 million series led by its largest investor, founding fund, which evaluated $ 16 billion. It increases $ 3 billion in a jaw-dropping $ 13 billion has announced evaluation ramps Just a few months ago in March, after the sale of $ 150 million secondary shares.

Its current assessment is more than twice as much $ 7.65 billion dollar post-Money evaluation ramps a year ago hit somewhat When it has collected $ 150 million. CEO Eric Glynan is on the statistics of the revenue, though in March he said it felt “incredible growth” compared to previous statistics published. In the summer of 2021, he said the ramp passed $ 300 million in annual revenue.

Other VCs, mainly existing investors, those who participated in the series e rounds include Thrive Capital, D1 Capital Partners, General Catalists, GIC, Iconic Growth, Khosla Ventures, Sands Capital, 8 VC, Lux Capital, Stripes, Avnir Vent, 137 Vent.