{
  "id": 14727686,
  "title": "Ramp hits $60bn valuation",
  "url": "https://urgent.news/2026/10/15/ramp-hits-60bn-valuation",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-15T15:35:00.000Z",
  "source": {
    "name": "Finextra",
    "slug": "finextra",
    "url": "https://www.finextra.com/newsarticle/48591/ramp-hits-60bn-valuation"
  },
  "original_language": "en",
  "account": null,
  "summary": "Fintech company Ramp has secured $1.85 billion in a primary financing round, bringing its valuation to $60 billion. The round was led by Dragoneer Investment Group and co-led by Thrive Capital, Founders Fund, Sands Capital, and Avenir Growth, according to CNA - Business and Channel News Asia. Finextra noted that this marks the firm's second major raise in a matter of months.\n\nFounded in 2019, Ramp provides expense management applications, payment services, and corporate cards. The company serves more than 85,000 companies with a combined annualized purchase volume exceeding $275 billion, which represents a 175 per cent increase from the previous year, per CNA - Business and Channel News Asia.\n\nTechmeme reports that the company's annualized revenue has reached $2 billion, up from $1.5 billion in June. This recent valuation of $60 billion is an increase from the $44 billion valuation reached after a $750 million raise in June.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Channel News Asia",
        "title": "Fintech firm Ramp raises $1.85 billion at $60 billion valuation",
        "url": "https://urgent.news/2026/10/15/fintech-firm-ramp-raises-1-85-billion-at-60-billion-valuation",
        "published": "2026-10-15T11:14:43.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}