TechCrunch CENTER (0.0) Reliability: 7.5/10

Ramp hits $32B valuation, just three months after hitting $22.5B

✍️ Julie Bort, Ivan Mehta, Kate Park, Anna Heim, Ram Iyer, Russell Brandom, .Post-Authors-List__Authors --Font-Size Var, Align-Items Center Display Flex Gap Var, .Post-Authors-List__Authors .Post-Authors-List__Author-Thumbs Display Flex Flex-Shrink Margin Padding .Post-Authors-List__Authors .Post-Authors-List__Author-Thumbs Li List-Style None Margin-Left Margin-Top Important .Post-Authors-List__Authors .Post-Authors-List__Author-Thumbs Li First-Child Margin-Left .Post-Authors-List__Authors .Post-Authors-List__Author-Thumbs .Post-Authors-List__Author-Thumb Background-Color Var, Border Solid Var --Wp--Custom--Color--White 📅 November 17, 2025 12:00 AM 🕐 Scraped: November 17, 2025

Summary: In 2025 alone, Ramp has leapt from being worth $13 billion to $32 billion with new rounds every few months.

In Brief

The one area outside of AI where investors are still enthusiastic is expense management fintech, at least if Ramp’s 2025 is anything to judge by.

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Julie Bort, Ivan Mehta, Kate Park, Anna Heim, Ram Iyer, Russell Brandom, .Post-Authors-List__Authors --Font-Size Var, Align-Items Center Display Flex Gap Var, .Post-Authors-List__Authors .Post-Authors-List__Author-Thumbs Display Flex Flex-Shrink Margin Padding .Post-Authors-List__Authors .Post-Authors-List__Author-Thumbs Li List-Style None Margin-Left Margin-Top Important .Post-Authors-List__Authors .Post-Authors-List__Author-Thumbs Li First-Child Margin-Left .Post-Authors-List__Authors .Post-Authors-List__Author-Thumbs .Post-Authors-List__Author-Thumb Background-Color Var, Border Solid Var --Wp--Custom--Color--White

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Published Date

November 17, 2025 at 12:00 AM

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