202322 Aug

Ramp Announces $300M Series D Round

Summary

NEW YORK, NY, Ramp, the finance automation platform designed to help businesses spend less, today announced a $300 million Series D round. Ramp today announced a $300 million Series D on the back of strong revenue growth, rapidly increasing market share among small and mid-sized businesses, and successful expansion into the enterprise segment over the past year. The company will use this capital to further fuel its industry-leading pace of product development and accelerate its expansion into adjacent categories. Ramp is the ultimate platform for modern finance teams. Over 15,000 businesses have switched to Ramp to cut their expenses by an average of 3.5% and close their books 8x faster.

Source: Vcnewsdaily

Funding

$300M
Amount
Aug 22 2023
Date
-
Investor
Ramp
Company

Classifications

Companies