Announced
Completed
Financials
Sources
Tags
Acquisition
Minority
Cross Border
Friendly
Payments / Commerce
Completed
Private Equity
Single Bidder
payment solutions
United States
Private
Venture Capital
Synopsis
D1 Capital Partners led a $115m Series B round in Ramp, a technology company that develops corporate cards designed to save money for businesses, with participation from Goldman Sachs, Founders Fund, Coatue Management, Thrive Capital, Redpoint Ventures, Box Group, Neo, and Contrary Capital. "Ramp has quickly become a key player in the financial services ecosystem by challenging business practices and assumptions that have existed for nearly 50 years. The company attracts new customers by providing value and savings, and empowers CFOs and finance teams to operate at a higher level of efficiency. We look forward to supporting Ramp during its next phase of growth," Dan Sundheim, D1 Capital Partners Founder and CIO.
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