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 th…
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
ABOUT THE DEAL
- Round
- Not stated
- Company
- Stripes, GIC, Avenir Growth, And Thrive Capital Acquire Ramp From Eric Glyman
- Desk
- Deals
- Filed
- Mar 3, 2025
- Investors
- Stripes
- GIC
- Avenir Growth
- Thrive Capital
- Khosla Ventures
- General Catalyst
- Lux Capital
- 137 Ventures
- Definition Capital