Financial technology startup Ramp is reportedly in early talks with investors to raise about $1 billion in primary funding at a roughly $60 billion valuation, according to Bloomberg, citing people familiar with the discussions. PYMNTS also reported the same figure and said it learned the discussions are ongoing and that the terms could change.
The reported effort comes only months after Ramp’s prior valuation. Bloomberg says Ramp was valued at about $44 billion just three months earlier, and that the new valuation discussed is significantly higher. Both outlets note the information is not yet public and that the funding round is still being considered, with details potentially shifting as talks progress.
Across the coverage, the main difference is framing and sourcing: Bloomberg relies on unnamed sources close to the negotiations, while PYMNTS adds that Ramp declines to comment when reached. Neither report indicates that a deal has been finalized, and both describe the situation as preliminary funding discussions.
