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Ramp in talks to hit $40B+ valuation, 6 months after reaching $32B

In late 2025, Ramp founder CEO Eric Glyman said his company had reached $1 billion in revenue, doubling its income in just a year. Glyman has also been evangelizing a vision of AI embedded throughout Ramp’s spend management products, with agents that automatically block out-of-policy purchases, detect fraud, and move funds to interest-bearing investments.

Investors could not get enough of Ramp throughout 2025 and it looks like 2026 could be another banner year of fundraising for the corporate spend management startup.

Tags

ramp, raise, spend management