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Ramp

Corporate cards + spend management with the explicit goal of saving customers money
Ramp is the fastest-growing B2B fintech ever. Corporate cards bundled with AI-driven savings recommendations, automated bill pay, and embedded procurement. Raised $750M at a $44B post-money in June 2026 on $1B+ annualized revenue and positive free cash flow, serving 70,000+ customers; reported in early talks in September 2026 for ~$1B more at a ~$60B valuation.
Fintech 📍 New York, NY Founded 2019
Current Valuation
$44B
as of 2026-Q2
DECACORN

QL Price

$45B
+2% vs last round
QuantLogix's current estimate for Ramp, published 2026-10-07 — in line with the last disclosed round of $44B (2026-Q2).
Confidence
medium
Basis
secondary led
What backs this price
Last disclosed round $44B 2026-Q2 weight 0.83
Secondary market print $46B 2026-06-27 weight 0.54
How this price has held up
No round has priced for Ramp since QuantLogix began publishing a price for it, so there is nothing to grade yet. The claim above is on the record from 2026-10-07 and will be graded against the next priced round. See the full accuracy record →
How to actually get exposure to Ramp →
Which publicly-traded funds already hold it, what $10,000 buys, and whether any route is open to you.
Cite this price as QuantLogix QL Price, Ramp, 2026-10-07 (5e3f86a037f992f1). The id pins this exact claim, so a citation stays checkable after the price moves. Model estimate for research — not a quote, target price, or investment advice.

IPO Outlookrumored

Is Ramp going public in 2027?
An IPO is rumored for 2027, with nothing filed. Ramp remains private and the date is not the company's.
What is Ramp's valuation in 2026?
Ramp is valued at $44B as of 2026-Q2, set by its Series F ($750M, Jun 2026). That is the last confirmed mark, not a live price — private shares do not trade continuously.
Has Ramp filed an S-1?
No public S-1 is on file for Ramp as of 10/07/2026; the IPO is rumored.
Who are Ramp's investors?
Ramp's investors include Founders Fund, Stripes, Khosla Ventures, Sequoia, General Catalyst, Thrive Capital and 9 more.
How much has Ramp raised?
Ramp has raised $3.0B in total across 7 disclosed rounds, most recently a Series F of $750M in Jun 2026.
Is Ramp publicly traded — can you buy Ramp stock?
No. Ramp is a private company — its shares are not listed on any exchange and there is no ticker. The routes to exposure are pre-IPO secondary marketplaces and funds (accredited investors), employee tender offers when the company runs one, and public companies with read-through exposure. QuantLogix maps every route it can verify for Ramp on its Pre-IPO Access Desk.
How to actually get exposure to Ramp →
Read the Ramp pre-IPO deep dive · 07/06/2026 →
Answers are derived from the roster record shown on this page — filing status, last round and confirmed marks. Where the record is silent, the answer says so rather than guessing.

Company Profile

CEO
Eric Glyman
Founded
2019
HQ
New York, NY
Employees
~1500
Total Raised
$3.0B
Est. Revenue
$1.0B (2026-Q2)
Growth
170% YoY transaction volume
Last Round
Series F — $750M (Jun 2026) · Lead: ICONIQ / GIC / Ontario Teachers' Pension Plan
IPO Status
rumored

Fundraising Status

Series F · $750M · 4 mo ago
rumoredTotal raised $3.0B7 disclosed rounds

Series F Impact

Round Size
$750M
Primary financing announced
Post-Money Valuation
$44B
Company-announced mark
Valuation Step-Up
+37.5%
vs Tender at $32B
Round / Post-Money
1.7%
New capital ÷ post-money
Disclosed Funding
$3.0B
Cumulative disclosed rounds
Step-up compares disclosed post-money valuations. Round / post-money is a financing-size ratio, not an ownership or dilution estimate.

Secondary Market

Implied price / share
$94.26
Last round price / share
$90
vs last round
+4.7%
Open interest
9
Last round price vs secondary price
Last round vs current secondary price per share$90.00Last round$94.26Current
Secondary price return by period
Secondary market period returns3-month-13.9%6-month+52.6%1-year+95.7%All-time+310%
Implied per-share price from private secondary transactions, as of Jun 2026. This is a point estimate, not a quote — the feed carries no bid, ask or spread, and a secondary print is evidence of what someone paid on that date rather than a live market. Compare across every tracked name →

Growth & Valuation

Valuation across funding rounds
Valuation growth across funding rounds$3.9B$44BAug '21Jun '26
Valuation step-up per round
Valuation step-up per round2.1×Series D0.9×Series D-21.7×Series E1.7×Tender1.4×Tender1.4×Series F
Capital raised per round
Capital raised per funding round$300MSeries C$750MSeries D$150MSeries D-2$150MSeries E$200MTender$300MTender$750MSeries F
Estimated revenue trend
Estimated revenue trend$200M$1.0B20232025
Charts built from publicly disclosed funding rounds and revenue estimates. Approximate, not real-time, not investment advice.

Funding History

RoundAmountDateLead InvestorPost-Money
Series F$750MJun 2026ICONIQ / GIC / Ontario Teachers' Pension Plan$44B
Tender$300MSep 2025ICONIQ$32B
Tender$200MJul 2025ICONIQ$23B
Series E$150MMar 2025Founders Fund$13B
Series D-2$150MApr 2024Khosla Ventures$7.7B
Series D$750MMar 2022Founders Fund$8.1B
Series C$300MAug 2021Founders Fund / D1 Capital$3.9B

Talent Signal

Hiring trend
▶ Hiring steady
+7% vs 2026-08
Open roles
145
via ashby
Product-build share
27%
engineering, research, product, design
Trajectory
steady
balanced build + GTM — 27% builders vs 73% go-to-market/G&A — scaling both sides.
Actively hiring with no tracked executive churn.
Open roles by month
Open roles by month136Aug '26145Sep '26
Open roles by function
Open roles by functionSales & GTM42Other34Engineering19Ops & People10Finance & Strategy9Security6Marketing6Design5Support5
■ product-building   ■ go-to-market / G&A
Security Engineer, CloudMobile Engineer, AndroidSoftware Engineer, FrontendMobile Engineer, iOSProduct DesignerSoftware Engineer, Data Platform
Counted from Ramp's live job board as of 2026-09-15; role functions classified from posting titles. Open-role counts are an activity signal, not headcount. Refreshed monthly.

Founders & Key People

Eric GlymanKarim AtiyehGene Lee

Investors

Founders Fund · Stripes · Khosla Ventures · Sequoia · General Catalyst · Thrive Capital · ICONIQ · GIC · Ontario Teachers' Pension Plan · Goldman Sachs Alternatives · D.E. Shaw & Co. · Morgan Stanley Investment Management · Generation Investment Management · Insight Partners · BroadLight Capital

Products

  • Ramp Card (corporate)
  • Ramp Bill Pay
  • Ramp Travel (acquired Comma Payments)
  • Ramp Plus
  • Ramp Treasury
  • Ramp AI agents

Competitors

Mercury · American Express (AXP) · Bill.com (BILL)
FintechB2BAI
Private-company numbers are not real-time. Reflects publicly disclosed valuations from press releases, news reports, and tender offers as of 2026-Q2. Refreshed quarterly.