Anacheri Leak Ana Cheri @ Instagram Scrolller

In 2025 alone, ramp has leapt from being worth $13 billion to $32 billion with new rounds every few months. Ramp raised $500 million in a new round of funding at a $22.5 billion valuation, the spend management startup announced wednesday

Jdkboq Feb 12, 2026

Iconiq led the round, with. Ramp, the expense management startup, has once again shaken up the fintech sector with a staggering $500 million raise, catapulting its valuation to an impressive $22.5 billion. Just last month, the company announced it had raised $200 million in series e funding, which brought its valuation to $16 billion

Ana Cheri (@anacheri) [Instagram] | Scrolller

With the latest round, the company said it is now valued at $22.5 billion

Ramp, the corporate spending management fintech, has soared to a $32 billion valuation just three months after reaching a $22.5 billion milestone in july 2025

This latest surge follows a $300 million primary funding round led by lightspeed venture partners, alongside an employee tender offer, signaling strong investor confidence amid a challenging fintech landscape [1] [7].