Trending Now - Ramp's Valuation Soars to Over $40B Amid New Funding Round

WHO:

TechCrunch - Ramp, a corporate card and expense management startup.

Techmeme - Investors include Iconiq Capital and GIC.

WHAT:

TechCrunch - Ramp is reportedly in talks to raise $750 million.

Techmeme - Ramp's pre-money valuation is expected to exceed $40 billion.

Techmeme - The valuation represents a more than 30% increase from $32 billion in November 2025.

WHEN:

Techmeme - The last funding round occurred in November 2025.

WHY:

Techmeme - The increase in valuation is attributed to the company's growth and investor interest.

HOW:

Techmeme - The funding round is co-led by Iconiq Capital and GIC.

(UPDATED May 8, 2026 01:35 UTC)

Ramp, a corporate card and expense management startup, is reportedly in talks to raise $750 million, with a pre-money valuation expected to exceed $40 billion, reflecting a more than 30% increase from its previous valuation of $32 billion in November 2025. This surge in valuation is attributed to the company's growth and heightened investor interest, with the funding round co-led by Iconiq Capital and GIC. The last funding round took place in November 2025, setting the stage for this significant financial move.