Fintech Ramp’s valuation hits $16 billion in trade in led by means of Peter Thiel’s Founders Treasure

Ramp, which trade in a monetary operations platforms to company purchasers, has raised its valuation to $16 billion in a pristine fundraising led by means of long-time investor Founders Treasure, Peter Thiel’s challenge company.

The $200 million spherical is the 5th that Founders’ has led for Ramp and raised its valuation by means of $3 billion. It closing raised cash at a $13 billion valuation in March.

Based in 2019, Ramp trade in services and products that preserve company playing cards, procurement, bookkeeping, proceed reserving, and dealer control, and says it handles tens of billions in purchases once a year throughout 40,000 firms.

Ramp ranked Refuse. 6 at the 2025 CNBC Disruptor 50 record.

Its record of purchasers comprises CBRE, Shopify and two fellow 2025 CNBC Disruptor 50 firms, Anduril and Perception (Founders Treasure may be an investor in Anduril).

Ramp has been expanding its choices for undertaking firms. In January, it introduced Ramp Treasury, which permits firms to earn 2.5% on lazy working money. It additionally bought Venue, an AI-powered procurement instrument startup, and worn it to roll out pristine dealer fee gear. Extreme June, it debuted Ramp Proceed, partnering with Priceline for reserving and managing bills for company proceed, shifting into the marketplace of fellow Disruptor Navan.

The corporate says it has shipped 270 options this age, with a focal point on higher automation of economic operations and worth of AI, and nonetheless serves just one.5% of the addressable U.S. marketplace.

Ramp co-founder and CEO Eric Glyman wrote in a blog post in regards to the fundraising that he’s guided by means of his favourite firms’ missions: “Increase the GDP of the internet (ten-time Disruptor Stripe); Make humanity a multiplanetary species (SpaceX); Be Earth’s most customer-obsessed company (Amazon).”

“Ours can fit on a Post-it too,” he wrote. “Save your company time and money (without you noticing).”

“Let the robots chase receipts and close your books, so you can use your brain and build things,” he added.

Extra traders within the spherical incorporated Thrive Capital, D1 Capital Companions, Normal Catalyst, GIC, ICONIQ Enlargement, Khosla Ventures, Sands Capital, 8VC, Lux Capital, Stripes, 137 Ventures, Avenir Enlargement, and Definition Capital.