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.
Ramp is privately held and not traded on public markets, so pre-IPO investments are available only to accredited investors.
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Can you sell shares of Ramp before it goes public?
Yes, subject to any contractual or corporate transfer restrictions, it is possible to list your shares to sell while Ramp is still private. If you’re considering selling, you can register today for free to get started. Once registered, you can evaluate pricing insights and market activity to inform your decision, then post your shares for sale and set the terms, like quantity and price—all directly through our platform.
If you’d like additional guidance at any point, Forge private market specialists are available to help. For a step-by-step overview, check out our seller’s guide.
What is the pre-IPO value of my Ramp shares?
To explore the value of your Ramp shares, create a free account to access Forge’s marketplace. Once inside, you’ll find several pricing insights to help guide your decision—these include historical transaction data, a live order book showing current buy and sell interest, and Forge Price™, a derived, indicative price based on recent transactions, investor activity, and other relevant market data.
These insights can help you determine a price you’re comfortable with if you choose to sell your shares. If you’d like additional guidance along the way, Forge private market specialists are available to help. You can also review our seller’s guide for a step-by-step overview.
Is Ramp a publicly traded company?
Ramp is a private company and not publicly traded.
If you’re interested in buying or selling shares in private companies, you can register with Forge today for free to explore available opportunities. Once registered, you’ll gain access to our marketplace, where you can view active buy and sell interest, evaluate pricing signals and take action directly through the platform.
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 today.
When was Ramp founded?
Ramp was founded in 2019.
What is Ramp funding to date?
Ramp has raised $2.19B to date.
Ramp major investors
1/1 Capital
137 Ventures
8vc
A* Capital
Altimeter Capital Management
Citi Ventures
Comcast Ventures
D1 Capital Partners
Declaration Partners
Founders Fund
General Catalyst
Goanna Capital
Greylock
Iconiq Capital
Khosla Ventures
Montauk Ventures
Sands Capital Ventures
Sarona Ventures
Sequoia Capital
Soma Capital
Stripe
The Goldman Sachs Group Coatue Management
Thrive Capital
Vista Equity Partners
Zoibel
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Ramp pre-IPO valuation and funding rounds
Funding history chart
Funding round and deals details
Funding Date
Round
Amount Raised
Price per Share
Post-Money Valuation 3
Key Investors
11/17/2025
Series E-3
$300MM
$90.00
$32B
137 Ventures, 8vc, Altimeter Capital, Avenir Growth, Coatue Management, D1 Capital Partners, Definition Capital, Emerson Collective, Founders Fund, General Catalyst, Gic, Gv, Iconiq Capital, Khosla Ventures, Lightspeed Venture Partners, Lux Capital, Operator Collective, Pinegrove Capital Partners, Sands Capital, Stripes, Sutter Hill Ventures, Thrive Capital, T. Rowe Price
Price per Share
$ xx.xx
Shares Outstanding
3,333,333
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
137 Ventures, 8vc, Altimeter Capital, Avenir Growth, Coatue Management, D1 Capital Partners, Definition Capital, Emerson Collective, Founders Fund, General Catalyst, Gic, Gv, Iconiq Capital, Khosla Ventures, Lightspeed Venture Partners, Lux Capital, Operator Collective, Pinegrove Capital Partners, Sands Capital, Stripes, Sutter Hill Ventures, Thrive Capital, T. Rowe Price
07/30/2025
Series E-2
$514.01MM
$65.00
$22.5B
137 Ventures, 8vc, Altimeter Capital, Avenir Growth, Coatue Management, D1 Capital Partners, Definition Capital, Emerson Collective, Founders Fund, General Catalyst, Gic, Gv, Iconiq Capital, Khosla Ventures, Lightspeed Venture Partners, Lux Capital, Operator Collective, Pinegrove Capital Partners, Sands Capital, Stripes, Sutter Hill Ventures, Thrive Capital, T. Rowe Price
Price per Share
$ xx.xx
Shares Outstanding
7,907,826
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
137 Ventures, 8vc, Altimeter Capital, Avenir Growth, Coatue Management, D1 Capital Partners, Definition Capital, Emerson Collective, Founders Fund, General Catalyst, Gic, Gv, Iconiq Capital, Khosla Ventures, Lightspeed Venture Partners, Lux Capital, Operator Collective, Pinegrove Capital Partners, Sands Capital, Stripes, Sutter Hill Ventures, Thrive Capital, T. Rowe Price
06/17/2025
Series E
$200MM
$47.50
$16B
137 Ventures, 8vc, Avenir Growth, D1 Capital Partners, Definition Capital, Founders Fund, General Catalyst, Gic, Iconiq Growth, Khosla Ventures, Lux Capital, Sands Capital, Stripes, Thrive Capital
Price per Share
$ xx.xx
Shares Outstanding
4,210,517
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
137 Ventures, 8vc, Avenir Growth, D1 Capital Partners, Definition Capital, Founders Fund, General Catalyst, Gic, Iconiq Growth, Khosla Ventures, Lux Capital, Sands Capital, Stripes, Thrive Capital
04/17/2024
Series D-2
$156.11MM
$25.00
$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
$20.00
$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
$30.00
$8.1B
Altimeter Capital, 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 Capital, Coatue Management, D1 Capital Partners, Definition Capital, Founders Fund, Iconiq Capital, Lux Capital, Redpoint Ventures, Spark Capital, Stripe, Thrive Capital, Vista Public Strategies
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