The massive valuation has come fairly quickly, as less than a year ago the company had just hit “unicorn” status with a $115 million funding round. By August, Ramp had surged to $3.9 billion in worth. The company has been able to attract eyeballs with a nearly tenfold jump in revenue in 2021.
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Ramp Valuation Rapidly Approaching 'Decacorn' Status with Latest Funding Round
Ramp, a corporate management fintech, has doubled its valuation to more than $8 billion after taking in new $200 million worth of equity and securing $550 million in debt. So reports TechCrunch.
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