Fintech startup Ramp reaches $60 billion valuation in funding round

Fintech company Ramp raised $1.85 billion in a new funding round on October 9, 2026, according to Bloomberg. The round valued Ramp at $60 billion. Dragoneer Investment Group and Thrive Capital led the round, and Founders Fund also put in a large amount. The new valuation is higher than Ramp's previous valuation of $44 billion, which it reached in June 2026, just four months earlier. The company has grown very quickly over the past year. Its valuation was $22.5 billion in July 2025, then $32 billion in November 2025, before jumping to $44 billion. The sources who shared this information asked not to be named because the deal was private. The $60 billion valuation puts Ramp among the most valuable private fintech companies in the world.