Primary financing · Fintech

Ramp raises $1.85 billion at a $60 billion valuation

Dragoneer leads the October 2026 primary financing for financial operations software.

Ramp announced $1.85 billion in primary financing on October 15, 2026, at a $60 billion valuation. Dragoneer Investment Group led the round, with Thrive Capital, Founders Fund, Sands Capital and Avenir Growth as co-leads.

The company provides corporate cards, expense management, accounts payable and other financial operations tools. The financing supports its AI-enabled platform for helping businesses manage spending and automate finance workflows.

Use of funds

Develop AI-enabled financial operations and spend management.

Funding history

Primary financing · This round$1.9B
Series F$750M

Sources

  1. Ramp announces USD1.85bn primary financingprnewswire.com · Oct 15, 2026