Annualized revenueMore than USD 1 billionCompany disclosure · Jun 1, 2026
Series F financingUSD 750 millionPrivate financing · Jun 4, 2026
Private Series F valuationUSD 44 billionPrivate company valuation · Jun 4, 2026
- IPO filing
- Roadshow
- Pricing
- First trade
- Quiet period
- Lockup
Private valuation history
Dated private-company valuations · USD
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$44B▲ +37.5% since first observationLatest observation · 2026 Series F
- Private valuation
2025 round2025 round2026 Series F2026 Series F
First valuation$32B2025 round
Latest valuation$44B2026 Series F
Observations22025 round – 2026 Series F
Valuation change+37.5%since first observation
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Capital raised per round
Capital announced per private funding round · USD
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$750MLatest round · 2026 Series F
- Round capital
2025 primary2025 primary2026 Series F2026 Series F
First round$300M2025 primary
Latest round$750M2026 Series F
Recorded rounds22025 primary – 2026 Series F
Largest round$750M2026 Series F
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IPO recap
Offering not completed
IPO date, ticker, and IPO offer price are not yet confirmed.
Filed—
Pricing—
First trade—
Lockup ends—
The short version
Ramp is a private financial operations platform. Its June 2026 Series F and operating disclosures make it a prominent candidate, but no confirmed IPO date or public prospectus was identified.
Key takeaway 1
Unconfirmed candidate without an offering date.
Key takeaway 2
Run rate is separated from audited annual revenue.
Company in detail
Ramp combines corporate cards with software for spending, procurement, bill payments and travel. The offering addresses several finance-department workflows. Card issuance depends on partner banks, making Ramp a technology provider with financial partners rather than a stand-alone bank.
Eric Glyman, Karim Atiyeh and Gene Lee founded Ramp in 2019. Its early focus was simplifying business finance. For a potential investor, broader product adoption matters when it supports durable revenue after acquisition and servicing costs. Additional functions do not, by themselves, establish higher profitability.
June 2026 disclosures included a large Series F and an annualized revenue figure. A run rate extrapolates recent activity; it does not establish audited revenue for a completed financial year. The charts show individual primary equity rounds and their private valuations, keeping employee liquidity separate from capital raised by the company.
No public offering timetable or prospectus was identified as of 7 October 2026. Ramp remains an unconfirmed candidate. A filing would be needed to examine revenue composition, incentives, customer concentration and the relationship between card economics and software subscriptions.
Operating metrics
Annualized revenue
More than USD 1 billionCompany-reported run rate; not audited annual revenue.
Jun 1, 2026Company profile
- Legal name
- Ramp Business Corporation
- Founded
- 2019
- Headquarters
- New York, United States
- CEO and co-founder
- Eric Glyman
- Co-founders
- Eric Glyman, Karim Atiyeh and Gene Lee
- Products
- Corporate cards, expenses, procurement, bill payments and travel
- Banking model
- Technology provider using partner banks for card issuance
- Employees
- No published figure
Timeline
- Primary round and tender
USD 300 million primary financing at a USD 32 billion private valuation.
- Operating scale disclosure
Reported more than 70,000 customers.
- Series F
Announced USD 750 million primary financing.
Sources
Annualized revenue
More than USD 1 billionCompany-reported run rate; not audited annual revenue.
Series F financing
USD 750 millionPrimary equity financing announced June 2026.
Private Series F valuation
USD 44 billionAnnounced private financing valuation, not an IPO valuation.
Employees
—No published figure
Net income
—No published figure
Operating cash flow
—No published figure
Financials
No reported financial periods with figures available
Revenue
No published financial dataReported financial periods will appear here when available.
No reported period with figures
Financial results are not available in the sources listed here.
Valuation & peers
Price-to-sales, revenue growth and gross margin
Comparable metrics unavailableComparable company figures for the same date are not available.
Revenue growth (%)
| Company | P/S | Growth | GM |
|---|---|---|---|
| Ramp | — | — | — |
| No published peer comparison | |||
Context: Private financing valuations and modeled market values do not establish an IPO valuation. Revenue run-rate is not used here to calculate a price-to-sales ratio.
Private valuation and funding details
Private Series F valuation
USD 44 billionAnnounced private financing valuation, not an IPO valuation.
Source · Jun 4, 2026Series F financing
USD 750 millionPrimary equity financing announced June 2026.
Source · Jun 4, 2026IpoHub score
How we score—Not rated
Balance sheet—
Growth—
Community—
Profitability—
Valuation—
Individual category scores are not available.
Where the money goes
—
Use of proceeds—
Allocation percentages—
Net proceeds—
Details on the use of IPO proceeds are not available.
Key risks
Editorial analysisCompetition
Finance software and card providers compete for business workflows.
Partner dependence
Bank and payment relationships affect delivery and economics.
Growth costs
Customer expansion must be assessed alongside acquisition and servicing costs.
Deal terms
- Ticker
- Not confirmed
- Exchange
- Not confirmed
- IPO price
- Not confirmed
- Price range
- Not confirmed
- Pricing date
- Not confirmed
- First trading day
- Not confirmed
- Shares offered
- Not confirmed
- Deal size
- Not confirmed
- Underwriters
- Not confirmed
- Greenshoe shares
- Not confirmed
- Lockup
- Not confirmed
- Quiet period expirations
- Not confirmed
Ramp IPO: where and how to invest
Where can I invest in the Ramp IPO?
The Ramp IPO is currently marked as rumored; public share trading is not yet confirmed in this profile. If IPO subscriptions become available, you need a broker offering that specific deal to investors in your country. Having an account does not guarantee an allocation. After a confirmed listing, you can look for a broker that supports the relevant exchange.
Can I buy Ramp shares now?
Public trading in Ramp shares is not yet confirmed here. An announced or priced offering does not automatically mean you can buy the stock on an exchange. An IPO subscription and a private share purchase each have separate access requirements.
When is the Ramp IPO?
A confirmed first trading day for Ramp has not yet been published here. Check official company announcements and final offering documents; a planned timetable can change.
What is the Ramp IPO share price?
A confirmed IPO offer price for Ramp has not yet been published here. Private funding valuations and modeled private-market prices do not establish the eventual IPO share price.
What is Ramp's stock ticker and exchange?
A stock ticker for Ramp has not yet been confirmed here. An exchange has not yet been confirmed here. A proposed symbol or exchange does not establish that trading has begun. Verify the final listing announcement before placing an order.
Can I buy Ramp shares before the IPO?
Private transactions or funds may sometimes provide exposure to Ramp if a specific offer exists and you meet its requirements. This profile does not confirm an available private offer. A fund interest may provide indirect exposure rather than direct ownership of company shares. Private investments can have resale restrictions, uncertain valuations and limited exit options; a future IPO is not guaranteed.
Where can I find the Ramp IPO prospectus?
Check Ramp's official investor-relations announcements and publications from the relevant regulator and exchange. The company sources and documents on this page provide a starting point. A confidential submission or an announcement about it is not a publicly available prospectus. Before subscribing, read the final prospectus for the risks, price, share class and offering terms.
More questions about the Ramp IPO
When will Ramp go public?
No confirmed date or public prospectus was identified as of 7 October 2026.
What does USD 44 billion mean?
It is the private valuation announced with the June 2026 Series F.
Is the revenue figure audited annual revenue?
No. Ramp disclosed an annualized run rate above USD 1 billion as of 1 June 2026.
Learn more about IPO access and private investments: Investor.gov · FINRA
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