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Ramp

Ramp IPO

$7.66B
Series D-2 Valuation, Apr 2024
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Company Details

Ramp was founded in 2019 by Eric Glyman, Gene Lee, and Karim Atiyeh. In August 2023 Reuters reported that Ramp “raised $300 million in its latest funding round to accelerate expansion in new categories, the company said on Tuesday, notching up a valuation of $5.8 billion.” While the company has new funding, Ramp has not officially endorsed a plan to participate in an IPO.

Ramp is a finance automation platform that offers a suite of corporate finance management solutions including corporate cards, expense management solutions, bill payment software, and account automation. Per Forge data, Ramp raised $1.7 billion in funding over 9 rounds. Their latest funding was raised on Aug 23, 2023, from a Series D round. Key investors include Sands Capital Ventures, Thrive Capital, General Catalyst, and Spark Capital.

These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.

Sector
Founded
2019
Headquarters
New York, NY, United States
Forge Price 1
$39.20
Forge Price Date
03/24/2025
Post-Money Valuation 3
$7.66B
Total Funding
$1.18B
LFR Price per Share
$xx.xx
Last Funding Share Class
Series D-2

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Can you invest in Ramp pre-IPO?

Ramp is a privately held company and is not publicly traded, therefore investing in Ramp pre-IPO is only available to accredited investors. If you meet the accreditation criteria, you can learn more about Forge’s Secondary Marketplace and how to invest in private companies before their potential IPO. If you are not accredited, find out how to begin the process and qualify for new investment opportunities.

Can you sell shares of Ramp before it goes public?

You can seek to sell your shares in Ramp while it remains private. If you are considering selling, you can register today for free to get started. Once registered, a Private Market Specialist will guide you through any questions you might have. You may also continue to browse through our resources to help you understand the implications and procedures involved in selling your private market shares.

What is the pre-IPO value of my Ramp shares?

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Is Ramp a publicly traded company?

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To learn more about Ramp potential IPO

Will Ramp go IPO?

Ramp has not yet filed for an IPO. However, it’s important to note that IPOs are not the sole avenue for a private company to transition to public trading. Private companies can also go public through alternative methods such as but limited to Special Purpose Acquisition Companies (SPACs), direct listings, or mergers and acquisitions. Find out which companies are eyeing an IPO on our Tech IPO Calendar 2025.

What is Ramp’s IPO price?

The Ramp IPO price does not exist at this time, as Ramp is still a private company and has not yet conducted an IPO. To explore secondary market data and access private market pricing details and data that may be related to Ramp register for Forge Markets, today.

When was Ramp founded?

Ramp was founded in 2019.

What is Ramp funding to date?

Ramp has raised $1.18B to date.
Ramp Major Investors
Founders Fund
Box Group
Altimeter Capital
Conversion Capital
Khosla Ventures
Coatue Management
D1 Capital Partners
Sands Capital
Sarona Ventures
Citi Ventures
Flexport
Neo
Backend Capital
Sands Capital Ventures
Undisclosed Investors
Kinetic
Declaration Partners
Stripe
8vc
The Goldman Sachs Group Coatue Management
A* Capital
A* Partners
Greylock
Altimeter Capital Management
Vista Equity Partners
Thrive Capital
Montauk Ventures
General Catalyst
Iconiq Capital
137 Ventures
1/1 Capital
Zoibel
Contrary Capital
Lachy Groom Fund
Sequoia Capital
Spark Capital
J Ventures
Definition Capital
Altimeter
Redpoint Ventures
Olive Tree
Vista Public Strategies
Goanna Capital
Comcast Ventures
Goldman Sachs
Soma Capital
Lux Capital
Honeycomb

Ramp Funding Rounds and Valuation

Funding History Chart
Funding Round Details
Funding Date Share Class Amount Raised Price per Share Post-Money Valuation Key Investors
04/17/2024 Series D-2 $156.11MM $xx.xx $7.66B 8vc, Contrary Capital, D1 Capital Partners, Definition Capital, Founders Fund, General Catalyst, Greylock, Iconiq Capital, Khosla Ventures, Lux Capital, Sands Capital, Sequoia Capital, Thrive Capital
Price per Share
$xx.xx
Shares Outstanding
6,244,399
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
8vc, Contrary Capital, D1 Capital Partners, Definition Capital, Founders Fund, General Catalyst, Greylock, Iconiq Capital, Khosla Ventures, Lux Capital, Sands Capital, Sequoia Capital, Thrive Capital
08/21/2023 Series D $339MM $xx.xx $5.8B Founders Fund, General Catalyst, Sands Capital, Thrive Capital
Price per Share
$xx.xx
Shares Outstanding
16,950,000
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Founders Fund, General Catalyst, Sands Capital, Thrive Capital
03/21/2022 Series C-3 $209.76MM $xx.xx $8.1B Altimeter, Coatue Management, D1 Capital Partners, Definition Capital, Founders Fund, Iconiq Capital, Lux Capital, Redpoint Ventures, Spark Capital, Stripe, Thrive Capital, Vista Public Strategies
Price per Share
$xx.xx
Shares Outstanding
6,991,994
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Altimeter, Coatue Management, D1 Capital Partners, Definition Capital, Founders Fund, Iconiq Capital, Lux Capital, Redpoint Ventures, Spark Capital, Stripe, Thrive Capital, Vista Public Strategies
08/24/2021 Series C-1 $301.37MM $xx.xx $4.08B Altimeter Capital, A* Partners, Box Group, Coatue Management, Conversion Capital, D1 Capital Partners, Definition Capital, Flexport, Founders Fund, Honeycomb, Iconiq Capital, Kinetic, Lachy Groom Fund, Lux Capital, Olive Tree, Redpoint Ventures, Spark Capital, Stripe, Thrive Capital, Vista Public Strategies
Price per Share
$xx.xx
Shares Outstanding
20,091,663
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Altimeter Capital, A* Partners, Box Group, Coatue Management, Conversion Capital, D1 Capital Partners, Definition Capital, Flexport, Founders Fund, Honeycomb, Iconiq Capital, Kinetic, Lachy Groom Fund, Lux Capital, Olive Tree, Redpoint Ventures, Spark Capital, Stripe, Thrive Capital, Vista Public Strategies
08/24/2021 Series C-2 $50.75MM $xx.xx $4.08B Altimeter Capital, A* Partners, Box Group, Coatue Management, Conversion Capital, D1 Capital Partners, Definition Capital, Flexport, Founders Fund, Honeycomb, Iconiq Capital, Kinetic, Lachy Groom Fund, Lux Capital, Olive Tree, Redpoint Ventures, Spark Capital, Stripe, Thrive Capital, Vista Public Strategies
Price per Share
$xx.xx
Shares Outstanding
7,596,395
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Altimeter Capital, A* Partners, Box Group, Coatue Management, Conversion Capital, D1 Capital Partners, Definition Capital, Flexport, Founders Fund, Honeycomb, Iconiq Capital, Kinetic, Lachy Groom Fund, Lux Capital, Olive Tree, Redpoint Ventures, Spark Capital, Stripe, Thrive Capital, Vista Public Strategies
04/08/2021 Series B $65.69MM $xx.xx $1.56B Box Group, Coatue Management, Contrary Capital, D1 Capital Partners, Founders Fund, Goldman Sachs, Neo, Redpoint Ventures, Stripe, Thrive Capital
Price per Share
$xx.xx
Shares Outstanding
13,824,280
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Box Group, Coatue Management, Contrary Capital, D1 Capital Partners, Founders Fund, Goldman Sachs, Neo, Redpoint Ventures, Stripe, Thrive Capital
08/31/2020 Series A-3 $30.66MM $xx.xx $202.07MM Coatue Management, D1 Capital Partners
Price per Share
$xx.xx
Shares Outstanding
30,016,990
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Coatue Management, D1 Capital Partners
08/31/2020 Series A-4 $4.03MM $xx.xx $202.07MM Coatue Management, D1 Capital Partners
Price per Share
$xx.xx
Shares Outstanding
5,667,670
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Coatue Management, D1 Capital Partners
01/15/2020 Series A-1 $12MM $xx.xx $80.46MM Backend Capital, Box Group, Coatue Management, Conversion Capital, Founders Fund
Price per Share
$xx.xx
Shares Outstanding
20,821,710
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Backend Capital, Box Group, Coatue Management, Conversion Capital, Founders Fund
01/15/2020 Series A-2 $3.49MM $xx.xx $80.46MM Undisclosed Investors
Price per Share
$xx.xx
Shares Outstanding
13,644,530
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
06/28/2019 Series Seed $4.5MM $xx.xx $15MM Box Group, Coatue Management, J Ventures
Price per Share
$xx.xx
Shares Outstanding
21,377,650
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Box Group, Coatue Management, J Ventures
Private Companies Exploring an IPO
Last Funding Round
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AndurilAnduril$42.52+42.78%$xx.xxSeries F$14B$xx.xx$1.12B
CoreWeaveCoreWeave$1,000.00-16.67%$xx.xxSeries C$19B$xx.xx$1.15B
CerebrasCerebras$34.64-5.15%$xx.xxSeries F-1$2.87B$xx.xx$420MM
KlarnaKlarna$447.67+20.99%$xx.xxUnknown------
CohesityCohesity$15.67+0.06%$xx.xxSeries H-1$4.69B$xx.xx$27.5MM
ChimeChime$31.25+17.92%$xx.xxSeries G$24.93B$xx.xx$1.1B
KrakenKraken$24.45+0.08%$xx.xxSeries B$5.52B$xx.xx$52.5MM
Liquid DeathLiquid Death$9.60+0.21%$xx.xxSeries F-1$1.4B$xx.xx$67.61MM
CircleCircle$30.00+17.65%$xx.xxSeries F$8.05B$xx.xx$401MM
NetskopeNetskope$13.00+8.7%$xx.xxSeries H$7.5B$xx.xx$300MM

Updated on: Mar 21, 2025

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