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Ramp reaches $60B valuation as it pushes deeper into AI

Expense management company Ramp raised $1.85 billion in a funding round co-led by Dragoneer, Thrive Capital, Founders Fund, Sands Capital, and Avenir Growth, valuing the startup at $60 billion. Ramp's annualized revenue surpassed $2 billion with 85,000 customers as it expands into AI agents, model r