San Francisco based expense management platform raised $300m led by Lightspeed.
While it has an AI story to tell — automating some approvals and processes via agentic offerings — it is not an AI company per se. It offers corporate credit cards, expense management/purchase order software, and corporate travel. The company says it has surpassed 50,000 customers.
https://techcrunch.com/2025/11/17/ramp-hits-32b-valuation-just-three-months-after-hitting-22-5b/
