According to PRNewswire, the corporate payments and financial management platform Ramp announced the completion of a $750 million Series F funding round led by ICONIQ, GIC, and Ontario Teachers’ Pension Plan, with the company valued at $44 billion. The proceeds from this round will be used to further invest in AI capabilities.
Ramp Completes $750M Series F Funding, Valuation Reaches $44B
TechFlowShare
Summary
Ramp has closed a $750 million project funding round led by ICONIQ, GIC, and the Ontario Teachers’ Pension Plan, pushing its valuation to $44 billion. The company will use the funds to expand its AI + crypto news initiatives and enhance its AI capabilities. This brings Ramp’s total funding to over $1.2 billion.
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