Ramp reaches $60B valuation as it pushes deeper into AI

Automated excerpt

Expense management company Ramp said on Thursday that it had raised $1. 85 billion in a new funding round that values it at $60 billion, just four months after raising $750 million at a $44 billion valuation. Other investors in the round include Capital International, Fidelity Management & Research Company, T. Shaw, Definition Capital, FirstMark, General Catalyst, Generation Investment Management, Glade Brook Capital Partners, Khosla Ventures, Lightspeed Venture Partners, Pinegrove Opportunity Partners, Soma Capital, and Stripes.

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