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.