Ramp Series E‑2 illustration: AI assistant reviewing corporate expenses next to Ramp card

Ramp Raises $500M at $22.5B Valuation on AI Expansion

Byadmin

IntroductionOn July 30, 2025, fintech startup Ramp announced a transformative Series E‑2 funding round, raising $500 million and boosting its valuation to $22.5 billion under the banner of Ramp Series E‑2. Led by Iconiq Capital, this round gives momentum to Ramp’s mission of redefining corporate finance through AI-powered automation Background on Ramp Founded in 2019 by Eric Glyman, Karim Atiyeh, and…