The expense management platform developer more than doubled its valuation to $8.1bn in a Stripe-backed round consisting of $200m in equity funding and $550m in debt financing.
Ramp, a US-based provider of a corporate card for controlling spending, raised $750m yesterday in debt and equity financing from investors including digital payment technology provider Stripe, valuing it at $8.1bn. Founders Fund led the $200m equity portion of round, which included Thrive Capital, Redpoint Ventures, D1 Capital Partners, Spark Capital, Coatue Management, Iconiq Capital,…
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