Ramp's AI-Driven Expansion Boosts Valuation to $60 Billion

Ramp achieved a $60 billion valuation following a $1.85 billion funding round, driven by 25% year-over-year revenue growth and expansion into AI-powered financial operations. The company is integrating AI agents across procurement, expense management, and accounting while competing with firms like Anthropic in the AI inference market.

The funding comes as Ramp's annualized revenue crosses $2B, and its customer count reaches 85,000.

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