Ramp is negotiating a $750 million raise at a pre-money valuation above $40 billion. Six months ago, the company closed at $32 billion. That is a 25% valuation jump in half a year.
The speed matters more than the number. Most late-stage companies are not repricing upward this fast in the current funding environment. Ramp is.
The full piece is worth reading for what it signals about enterprise fintech appetite and whether this round closes at the rumored terms or gets revised before ink hits paper.
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