Every Ramp story

10 stories tracking Ramp, ranked newest first, from TechSnif's permanent archive.

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Michael Roddan / The Information ·

Sources detail how Ramp investors Joe Lonsdale and Keith Rabois pushed US lawmakers to probe rival Airwallex's China ties after Airwallex scrapped a Ramp deal

In April 2025, Eric Glyman, co-founder and co-CEO of Ramp, received some bad news: A deal was falling apart.

Paige Smith / Bloomberg ·

Ramp says it applied to the US OCC for a trust bank charter that, if approved, would allow it to offer fiduciary investment management and digital asset custody

Financial technology firm Ramp said it applied with the Office of the Comptroller of the Currency for a trust bank charter …

Rebecca Torrence / Bloomberg ·

Ramp raised $1.85B led by Dragoneer at a $60B valuation, up from $44B after raising $750M in June, and hits $2B in annualized revenue, up from $1.5B in June

Ramp has surged to $2 billion in annualized revenue, the fintech company plans to announce Thursday

Jemima McEvoy / The Information ·

A profile of Zach Frankel, a secretive and unusually hands-on solo investor who wrote the first checks to startups like Ramp, Cognition, and Applied Compute

Last month, Zach Dell, son of billionaire Michael Dell and cofounder of Base Power, a billion-dollar battery startup …

Rebecca Torrence / Bloomberg ·

Ramp raised about $1.85B led by Dragoneer and Thrive Capital at a $60B pre-money valuation, up from $44B in June, when it raised $750M

Fintech startup Ramp has reached a roughly $60 billion valuation with its latest fundraising effort, according to people familiar with the matter.

Bloomberg ·

Some startups, like Harvey, Abridge, Ramp, and Rogo, are embracing open-weight models or training their own models to reduce expensive reliance on frontier labs

The $15.6 billion legal startup Harvey built its business around training AI models like OpenAI's GPT-4 to do specialized work for lawyers.

Bloomberg ·

Ramp is in early talks to raise ~$1B at a ~$60B valuation, up from $750M at a $44B valuation in June; founded in 2019, Ramp has raised $3B to date

Ramp is in early talks with investors for a new round of funding at a roughly $60 billion valuation, according to people familiar with the efforts …

George Hammond / Financial Times ·

Ramp data: Fable 5, launched in June, has plateaued at ~11% of spending on Anthropic tools, as companies shift to cheaper models; Opus 5 surpassed Fable 5

AI lab's Fable 5 has met with sluggish demand from corporate clients

Ram Iyer / TechCrunch ·

Ramp launches Router, an AI model routing service it has been using internally over the past three years, in the US; Router is free to use for the rest of 2026

Corporate expense management platform Ramp is hot on the heels of Stripe in setting up toll houses for AI inference.

Ara Kharazian / Ramp ·

Ramp's July AI index: Anthropic's market share hit 43.5%, widening its lead over OpenAI; Fable 5 is only 6% of tokens businesses bought, likely due to high cost

Dear Colleagues: Today's letter includes my monthly update of Ramp AI Index, our flagship research using spend data from Ramp to track how American businesses are using AI.

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