Ramp raises $750 million, raising its valuation to $44 billion, and is ramping up its AI spending management efforts.

CoinFeed reported on June 4th that Ramp, an enterprise spending management platform, announced the completion of a new $750 million funding round, valuing the company at $44 billion post-money. The round was led by ICONIQ, GIC, and Ontario Teachers’ Pension Plan, with participation from Goldman Sachs, D.E. Shaw, Morgan Stanley, and others. Ramp stated that its TPV (Total Page Views) in March 2026 increased by approximately 170% year-over-year, and the funds will be used to expand its AI-related products, including AI token spend management, the Stack accounting AI operating system, and automated procurement and accounting services.