Stripes, GIC, Avenir Growth, And Thrive Capital Acquire Ramp From Eric Glyman

Ramp, a NYC-based financial operations platform, announced a $150M secondary sale from employees and early investors to new and existing backers, including Stripes, GIC, Avenir Growth, and Thrive Capital, valuing the company at $13B. Founded in 2019 and led by CEO Eric Glyman, Ramp integrates payments, corporate cards, vendor management, and travel booking, helping 30,000+ businesses save $2B and 20M hours. Recent milestones include launching Ramp Procurement, Travel, and Treasury, expanding its App Center to 200+ integrations, and automating 100M+ business workflows. INVESTORS: Stripes, GIC, Avenir Growth, Thrive Capital, Khosla Ventures, General Catalyst, Lux Capital, 137 Ventures & Definition Capital AMOUNT: $150,000,000 VALUATION: $13,000,000,000 HQ: #NewYork #NY #NewYorkCity #NYC #VentureCapital #Ramp #Stripes #GIC #AvenirGrowth #ThriveCapital #KhoslaVentures #GeneralCatalyst #LuxCapital #137Ventures #DefinitionCapital #EricGlyman #TradedVC