Corporate card and spend management software provider Ramp more than doubled its valuation to $3.9bn through a series C round featuring Stripe.

Ramp, the US-based provider of a corporate card for managing spending, collected $300m of series C funding from investors including payment technology provider Stripe yesterday at a $3.9bn valuation.

Venture capital firm Founders Fund led the round, investing with Redpoint Ventures, Thrive Capital, D1 Capital Partners, Spark Capital, Coatue Management, Iconiq Capital, Altimeter Capital, Vista Equity Partners’ Vista Public Strategies unit, Lux Capital, A* Partners, Definition Capital, Honeycomb and Kinetic Ventures.

Ramp operates a spend management software platform and provides…