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Ramp<\/a>, a FinTech platform, has raised $500 million Series E-2 funding<\/a> round led by ICONIQ Growth, bringing the company\u2019s valuation to $22.5 billion, positioning Ramp at the feration financial infrastructure and automation.<\/p>\n This latest capital infusion comes amid early signs of renewed momentum in the FinTech sector, bringing Ramp\u2019s total equity financing to $1.9 billion. Participating investors in the round include leading global firms such as Founders Fund, GIC, Coatue, Thrive Capital, and General Catalyst, underscoring strong market confidence in Ramp\u2019s long-term vision and operational trajectory.<\/p>\n Founded in 2019, Ramp has rapidly established itself as a mission-driven platform dedicated to redefining business finance. The company offers an integrated suite of solutions, including corporate cards, payments, and real-time expense management tools. Ramp currently powers tens of billions of dollars in annual purchase volume across a customer base of over 40,000 companies, spanning sectors from real estate to defence technology, including names such as CBRE and Anduril.<\/p>\n Central to Ramp\u2019s future-forward strategy is the acceleration of its autonomous AI agents, unveiled earlier this month. These AI-powered capabilities are designed to flag potential fraud intelligently, dynamically update company policies, and streamline transaction reviews and approvals, enabling finance teams to move faster, reduce operational overhead, and drive greater control across workflows.<\/p>\n