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Ramp has more than doubled its annualized revenue to $700 million

TechCrunch LogoTechCrunch14h ago

Ramp has more than doubled its annualized revenue to $700 million - TechCrunch

Quick Summary:

Fintech startup Ramp has crossed $700 million in annualized revenue as of January of this year, according to a source familiar with the company’s internal operations.

The startup crossed the 1,000 employee mark by the end of 2024, Glyman said — up from 730 at the time of its raise last April.

New and existing backers including VC Stripes, GIC, Avenir Growth, Thrive Capital, Khosla Ventures, General Catalyst, Lux Capital, 137 Ventures and Definition Capital bought the secondaries from employees and early investors.

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Article Details

Author / Journalist: Mary Ann Azevedo

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-03 @ 20:23:33 (14 hours ago)

News Timezone: GMT -5:00

News Source URL: techcrunch.com

Language: English

Article Length: 616 words

Reading Time: 4 minutes read

Sentences: 28 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TechCrunch

News ID: 26643251

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