GoKawiilRamp raises $1.85B at $60B valuation, up from $44B four months ago
Expense management startup Ramp announced a $1.85 billion funding round led by Dragoneer Investment Group, Thrive Capital, Founders Fund, Sands Capital, and Avenir Growth, valuing the company at $60 billion. Ramp says its annualized revenue has topped $2 billion, up from $1.5 billion in June, with 85,000 customers and over $275 billion in annualized purchase volume, up 175% year over year.