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Announced

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Founders Fund led a $300m Series C round in Ramp.

Synopsis

Founders Fund, a venture capital firm, led a $300m Series C round in Ramp, a producer of entertainment software products, with participation from Redpoint, Thrive Capital, D1 Capital Partners, Coatue, Spark Capital, Stripe, Box Group, Conversion Capital, Lux Capital, Iconiq Capital, Altimeter Capital, Vista Public Strategies, A* Partners, Definition Capital, Honeycomb, Flexport, Lachy Groom Fund, Olive Tree, and Kinetic. "Soon Ramp will be able to go beyond simply identifying savings opportunities and actively secure those savings for you. Up to now, we’ve provided savings insights based on your past transactions but now we’ll be able to proactively save you money before you spend. We’ll help you get the best price on everything from travel to software, using benchmark data derived from the millions of transactions on Ramp while sparing you from the tedious back-and-forth with vendors. In doing so, we’ll bring greater transparency and efficiency to B2B purchasing," Eric Glyman, Ramp Co-Founder and CEO.

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