Ramp raises new round, boosting valuation
Ramp has secured a new round, boosting its valuation and doubling annual revenue.
16 Oct 2026 0 reads Compiled with AI
The new capital helped the company double its annual revenue and grow its customer base. Users now save a huge amount of money each month, and the firm claims it saved customers a large amount of work hours in a single month.
UK launch
Ramp's new funding also backs its European rollout. The company launched in the UK on 15 September, offering corporate cards, expense management, bill payments and accounting automation, and now adds more than 100 UK customers a month. In March it bought Billhop, a Stockholm fintech, to broaden its services. The company is now present in three countries beyond the United States.
Ramp expanded its product suite this year. Founders announced Stack for faster bookkeeping, Accounts Receivable, AI Spend Management and Router, which chooses the right AI model, and Glass, a feature that lets teams learn once and reuse it. They say the platform now has 476 extra features and plan to add more countries soon.