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Ramp Raises $115M, Reaches $1.6B Valuation as Fastest Growing Corporate Card Share Article The first corporate card that helps businesses spend less experiences record-setting adoption as it nears $1B in annualized transaction volume just one year after the product’s general availability NEW YORK (PRWEB) April 08, 2021 Ramp, the first corporate card designed to help businesses spend less, today confirmed $115M in new funding from D1 Capital Partners and Stripe, with support from Goldman Sachs, Founders Fund, Coatue Management, Thrive Capital, Redpoint Ventures, Box Group, Neo, and Contrary Capital. The round brings total venture and debt financing raised by Ramp to $320M. With a valuation of $1.6B, Ramp has become the fastest growing New York based startup in history, and the first to surpass a $1B valuation in under two years from incorporation.

New yorkUnited statesDan sundheimKarim temsamaniKeith raboisAron susmanEric glymanFounders fundAmerican expressGoldman sachsPartner at founders fundBox groupCoatue managementThrive capitalRedpoint venturesChief investment officer