#Ramp
4 stories · 2 issues · daily Ramp news timeline
Financing and transaction coverage
Dates are our publication dates. Announcements and talks are not closing; different reports may concern the same transaction.
- · Ramp · About $1.85 billion · New round · Company announcement
#Ramp timeline · newest first
Sun, Oct 18
Modal raises $750 million in Series D as its valuation climbs to $15.75 billion within a year
Every extra task an agent takes on means more compute to rent, and selling the "place to run" is becoming as big a business as selling models.
Corporate finance software maker Ramp raises $1.85 billion as its valuation jumps from $44 billion to $60 billion in four months
Whoever holds a company's daily bills and payment records has the easiest time selling AI features, and finance software is cashing in on that advantage.
Workday buys C1.ai to manage which systems employees and AI agents can access
Once agents join a company they have to be managed like employees, and HR software is extending from managing people to managing machines.
Sat, Oct 10
Spend management company Ramp reportedly raises about $1.85 billion at a $60 billion pre-money valuation, up $16 billion in four months
A spend-control company is telling its growth story around saving customers money on AI, which shows enterprise AI spending is now large enough to need dedicated tools to manage it.