Ramp, the leading financial operations platform, has announced its Series E financing, bringing its valuation to US$16 billion. For the fifth time, a Ramp funding round was led by Founders Fund — the company’s first and largest investor. Total size was capped at US$200 million and included participation from Thrive Capital, D1 Capital Partners, General Catalyst, GIC, ICONIQ Growth, Khosla Ventures, Sands Capital, 8VC, Lux Capital, Stripes, 137 Ventures, Avenir Growth, and Definition Capital.
Latham & Watkins LLP represents Ramp in the funding round with an Emerging Companies & Growth team led by Bay Area partner Seth Gottlieb, with associates Kojo Hayward, Kayleigh Kuyon, and Marc Lim.
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