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 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?
To determine the value of your Ramp shares, create a free account to gain access to Forge’s platform. In addition to the Forge Price, Forge Markets contains pricing information for hundreds of pre-IPO companies such as Last Closed Trade Price. A Private Market Specialist will also be available to assist you with any inquiries related to your Ramp shares. You can also learn more about how to sell your private shares before getting started.
Is Ramp a publicly traded company?
If you are interested in buying or selling private company shares, you can register with Forge today for free to explore your options. Registering gives you access to one of our Private Market Specialists who can guide you through the process of buying or selling. Learn more about how Forge might help you buy pre-IPO shares or sell pre-IPO shares.
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 2024.
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.
Who are Ramp’s major investors?
Sequoia Capital
Khosla Ventures
8VC
General Catalyst
Soma Capital
Thrive Capital
ICONIQ Capital
Citi Ventures
Comcast Ventures
Founders Fund
Greylock
D1 Capital Partners
Sands Capital Ventures
Vista Equity Partners
Stripe
The Goldman Sachs Group Coatue Management
A* Capital
1/1 Capital
137 Ventures
Declaration Partners
ZoiBel
Altimeter Capital Management
Goanna Capital
Montauk Ventures
Sarona Ventures
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
$157.45MM
$xx.xx
$7.66B
Khosla Ventures, Founders Fund, Sequoia Capital, Greylock, 8VC, Thrive Capital, General Catalyst, Sands Capital, D1 Capital Partners, Lux Capital, Iconiq Capital, Definition Capital, Contrary Capital
Price per Share
$xx.xx
Shares Outstanding
6,297,999
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Khosla Ventures, Founders Fund, Sequoia Capital, Greylock, 8VC, Thrive Capital, General Catalyst, Sands Capital, D1 Capital Partners, Lux Capital, Iconiq Capital, Definition Capital, Contrary Capital
08/21/2023
Series D
$339MM
$xx.xx
$5.8B
Thrive Capital, Sands Capital, General Catalyst, Founders Fund
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
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Thrive Capital, Sands Capital, General Catalyst, Founders Fund
03/21/2022
Series C-3
$209.76MM
$xx.xx
$8.1B
Founders Fund, D1 Capital Partners, Thrive Capital, Redpoint Ventures, Coatue Management, Iconiq Capital, Altimeter, Stripe, Lux Capital, Vista Public Strategies, Spark Capital, Definition Capital
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
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Founders Fund, D1 Capital Partners, Thrive Capital, Redpoint Ventures, Coatue Management, Iconiq Capital, Altimeter, Stripe, Lux Capital, Vista Public Strategies, Spark Capital, Definition Capital
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