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Eric Glyman, co-founder and CEO of disbursal guidance startup Ramp, announced connected Wednesday a caller $500 cardinal raise astatine a whopping $22.5 cardinal post-money valuation.
This caller round, led by Iconiq Growth pinch information from Founders Fund and D1 Capital Partners, comes conscionable 45 days aft Ramp’s past round. In June, Ramp raised $200 cardinal astatine a $16 cardinal valuation, and that was a leap complete the $13 cardinal valuation Ramp announced successful March.
In his blog post, Glyman laid retired his imagination for AI agent-led “autonomous finance” that he predicts will beryllium nan norm by 2028. To this end, Ramp conscionable launched its first agent pinch plans to motorboat more.
Ramp has now raised $1.9 cardinal total. The institution became cash-flow affirmative earlier this year, it told TechCrunch. In March, Glyman told america Ramp had deed annualized gross of $700 million. It presently claims 40,000 customers.
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