.
MergerLinks Header Logo

New Deal


Announced

Completed

A consortium of investors led a $750m funding round in Ramp.

Synopsis

A consortium of investors, including Founders Fund, D1 Capital Partners, Thrive Capital, Redpoint Ventures, Coatue Management, Iconiq, Altimeter, Stripe, Lux Capital, Vista Public Strategies, Spark Capital, Definition Capital, General Catalyst, Avenir Growth Capital, 137 Ventures, Declaration Partners, Citi and Goldman Sachs, led a $750m funding round in Ramp, a finance automation platform. "We are pursuing an extraordinary opportunity to overhaul an industry that historically has been misaligned and out-of-touch with the needs of its customers. Since day one Ramp has been designed to save our customers time and money, which is fueling our rapid growth. We've delivered over $135 million in savings for our customers to date. We're helping companies close their books in eight hours instead of the industry median of eight days – freeing up 3.5 million hours of manual work. None of our competitors can say the same. With this funding, we will continue to help even more businesses manage their money easier, faster, and smarter," Eric Glyman, Ramp Co-Founder & CEO.

Show Details & Financials

Market Context

Search a database of more than 250,000 verified dealmakers

Receive automated updates on global transactions

Follow the activity, relationships and transactions of top dealmakers

No credit card required

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US