# Ramp funding: rounds and investors

> Ramp has raised $4.5B across 8 rounds since 2025. Investors include Khosla Ventures, General Catalyst and Founders Fund. Every round with its source.

Source: https://millionrounds.com/company/ramp (Millionrounds; every figure on the page links to its filing or article)

United States · [Growth startup](https://millionrounds.com/companies)

# Who invested in *Ramp*

8 rounds we have observed, with the 56 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

AI Financial Services Fintech Robotics

Raised 1 month ago Valuation: $32B, Mar 2026

Follow Ramp and see its new rounds in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Fcompany%2Framp)

Funding summary Updated 5 Nov 2026

**$4.5B** raised across 8 rounds since 2025, from 58 sources

**$1.9B** Growth

- **Latest round:** Growth, $1.9B Oct 2026
- **Led by:** Thrive Capital and Dragoneer Investment and 2 more
- **Step-up i:** 528.6×
- **Investors:** 56 (11 led)

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2026

**$150M** Round

**$200M** Series E

**$500M** Growth

**$300M** Round

**$750M** Growth

**$750M** Late stage

**$3.5M** Secondary

**$1.9B** Growth

- **First round:** Round, $150M
- **Biggest round:** $1.9B
- **Usual gap between rounds:** 2 months

## The rounds

- **Oct 2026** Growth **$1.9B** *7 new* *18 returning* [Thrive Capital](https://millionrounds.com/fund/thrive-capital-2) Lead [Dragoneer Investment](https://millionrounds.com/fund/dragoneer-investment-group) Lead [Avenir](https://millionrounds.com/fund/avenir) Lead [Sands Capital Management](https://millionrounds.com/fund/sands-capital) Lead [General Catalyst](https://millionrounds.com/fund/general-catalyst) [Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) [Khosla Ventures](https://millionrounds.com/fund/khosla-ventures) [Founders Fund](https://millionrounds.com/fund/founders-fund) [8VC](https://millionrounds.com/fund/8vc) [Coatue](https://millionrounds.com/fund/coatue-management) [Fidelity](https://millionrounds.com/fund/fidelity) [FirstMark](https://millionrounds.com/fund/firstmark) [T. Rowe Price](https://millionrounds.com/fund/t-rowe-price) [Greenoaks](https://millionrounds.com/fund/greenoaks) [GIC](https://millionrounds.com/fund/gic) [Alpha Wave Global](https://millionrounds.com/fund/alpha-wave-global) [ICONIQ Capital](https://millionrounds.com/fund/iconiq-capital) [Ontario Teachers' Pension Plan](https://millionrounds.com/fund/ontario-teachers-pension-plan) [D1 Capital Partners](https://millionrounds.com/fund/d1-capital-partners) [Generation Investment Management](https://millionrounds.com/fund/generation-investment-management) [NewView Capital](https://millionrounds.com/fund/newview-capital) [1789 Capital](https://millionrounds.com/fund/1789-capital) [Definition](https://millionrounds.com/fund/definition-capital) [D.E. Shaw](https://millionrounds.com/fund/d-e-shaw) [Capital International](https://millionrounds.com/fund/capital-international) Reported by AI Funding Tracker and 30 others SEC filing: $782M sold, first sale Oct 2026
- **Sept 2026** Secondary **$3.5M** *1 new* *4 returning* [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) [General Catalyst](https://millionrounds.com/fund/general-catalyst) [Khosla Ventures](https://millionrounds.com/fund/khosla-ventures) [BoxGroup](https://millionrounds.com/fund/boxgroup) [Insight Partners](https://millionrounds.com/fund/insight-venture-partners) Source recorded
- **Jul 2026** Late stage **$750M** *3 returning* [GIC](https://millionrounds.com/fund/gic) Lead [ICONIQ Capital](https://millionrounds.com/fund/iconiq-capital) Lead [Ontario Teachers' Pension Plan](https://millionrounds.com/fund/ontario-teachers-pension-plan) Lead Reported by AlleyWatch
- **May 2026** Growth **$750M** *9 new* *16 returning* [GIC](https://millionrounds.com/fund/gic) Lead [ICONIQ Capital](https://millionrounds.com/fund/iconiq-capital) Lead [Ontario Teachers' Pension Plan](https://millionrounds.com/fund/ontario-teachers-pension-plan) Lead [General Catalyst](https://millionrounds.com/fund/general-catalyst) [Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) [Khosla Ventures](https://millionrounds.com/fund/khosla-ventures) [Founders Fund](https://millionrounds.com/fund/founders-fund) [BoxGroup](https://millionrounds.com/fund/boxgroup) [8VC](https://millionrounds.com/fund/8vc) [Coatue](https://millionrounds.com/fund/coatue-management) [Morgan Stanley Investment Management](https://millionrounds.com/fund/morgan-stanley-investment-management) [T. Rowe Price](https://millionrounds.com/fund/t-rowe-price) [Thrive Capital](https://millionrounds.com/fund/thrive-capital) [Alpha Wave Global](https://millionrounds.com/fund/alpha-wave-global) [Insight Partners](https://millionrounds.com/fund/insight-partners) [137 Ventures](https://millionrounds.com/fund/137-ventures) [D1 Capital Partners](https://millionrounds.com/fund/d1-capital-partners) [Goldman Sachs Alternatives](https://millionrounds.com/fund/goldman-sachs-alternatives) [Generation Investment Management](https://millionrounds.com/fund/generation-investment-management) [Avenir](https://millionrounds.com/fund/avenir) [Sands Capital Management](https://millionrounds.com/fund/sands-capital) [1789 Capital](https://millionrounds.com/fund/1789-capital) [BroadLight Capital](https://millionrounds.com/fund/broadlight-capital) [D.E. Shaw](https://millionrounds.com/fund/d-e-shaw) [Pinegrove Venture Partners](https://millionrounds.com/fund/pinegrove-venture-partners) Reported by TechCrunch and 4 others
- **Nov 2025** Round **$300M** *16 new* *10 returning* [Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) Lead [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) [General Catalyst](https://millionrounds.com/fund/general-catalyst) [Khosla Ventures](https://millionrounds.com/fund/khosla-ventures) [Founders Fund](https://millionrounds.com/fund/founders-fund) [Bessemer Venture Partners](https://millionrounds.com/fund/bessemer-venture-partners) [Antler](https://millionrounds.com/fund/antler) [Benchmark](https://millionrounds.com/fund/benchmark) [Lux Capital](https://millionrounds.com/fund/lux-capital) [Coatue](https://millionrounds.com/fund/coatue-management) [Craft Ventures](https://millionrounds.com/fund/craft-ventures) [Forerunner Ventures](https://millionrounds.com/fund/forerunner-ventures) [Sutter Hill Ventures](https://millionrounds.com/fund/sutter-hill-ventures) [AlleyCorp](https://millionrounds.com/fund/alleycorp) [Thrive Capital](https://millionrounds.com/fund/thrive-capital) [GIC](https://millionrounds.com/fund/gic) [Iconiq Capital](https://millionrounds.com/fund/iconiq-capital-3) [Stripe](https://millionrounds.com/fund/stripe) [Alpha Wave Global](https://millionrounds.com/fund/alpha-wave-global) [Coral Capital](https://millionrounds.com/fund/coral-capital) [Robin Hood Ventures](https://millionrounds.com/fund/robin-hood-ventures) [Avenir](https://millionrounds.com/fund/avenir) [1789 Capital](https://millionrounds.com/fund/1789-capital) [Starting Line](https://millionrounds.com/fund/starting-line) [D1 Capital](https://millionrounds.com/fund/d1-capital) [Epicenter Capital](https://millionrounds.com/fund/epicenter-capital) Reported by Crunchbase News and 5 others SEC filing: $312M sold, first sale Nov 2025
- **Aug 2025** Growth **$500M** *8 new* *5 returning* [ICONIQ Capital](https://millionrounds.com/fund/iconiq-capital) Lead [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) [General Catalyst](https://millionrounds.com/fund/general-catalyst) [Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) [Khosla Ventures](https://millionrounds.com/fund/khosla-ventures) [Founders Fund](https://millionrounds.com/fund/founders-fund) [Google Ventures](https://millionrounds.com/fund/gv) [Citibank](https://millionrounds.com/fund/citi) [Lux Capital](https://millionrounds.com/fund/lux-capital) [T. Rowe Price](https://millionrounds.com/fund/t-rowe-price) [Stripe](https://millionrounds.com/fund/stripe) [Operator Collective](https://millionrounds.com/fund/operator-collective) [D1 Capital Partners](https://millionrounds.com/fund/d1-capital-partners) Reported by Crunchbase News and 7 others
- **Jun 2025** Series E **$200M** *4 new* *10 returning* [Founders Fund](https://millionrounds.com/fund/founders-fund) Lead [General Catalyst](https://millionrounds.com/fund/general-catalyst) [Khosla Ventures](https://millionrounds.com/fund/khosla-ventures) [8VC](https://millionrounds.com/fund/8vc) [Lux Capital](https://millionrounds.com/fund/lux-capital) [Thrive Capital](https://millionrounds.com/fund/thrive-capital) [GIC](https://millionrounds.com/fund/gic) [ICONIQ Capital](https://millionrounds.com/fund/iconiq-capital-2) [Stripes](https://millionrounds.com/fund/stripes) [137 Ventures](https://millionrounds.com/fund/137-ventures) [D1 Capital Partners](https://millionrounds.com/fund/d1-capital-partners) [Avenir](https://millionrounds.com/fund/avenir) [Sands Capital Management](https://millionrounds.com/fund/sands-capital) [Definition](https://millionrounds.com/fund/definition-capital) Reported by Crunchbase News and 4 others
- **Mar 2025** Round **$150M** *11 new* [Khosla Ventures](https://millionrounds.com/fund/khosla-ventures) Lead [Founders Fund](https://millionrounds.com/fund/founders-fund) Lead [Sequoia](https://millionrounds.com/fund/sequoia) Lead [General Catalyst](https://millionrounds.com/fund/general-catalyst) [Lux Capital](https://millionrounds.com/fund/lux-capital) [Thrive Capital](https://millionrounds.com/fund/thrive-capital) [GIC](https://millionrounds.com/fund/gic) [Stripes](https://millionrounds.com/fund/stripes) [137 Ventures](https://millionrounds.com/fund/137-ventures) [Avenir](https://millionrounds.com/fund/avenir) [Definition](https://millionrounds.com/fund/definition-capital) Reported by TechCrunch

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Round** 2025 **Series E** 2025 **Growth** 2025 **Round** 2025 **Growth** 2026 **Late stage** 2026 **Secondary** 2026 **Growth** 2026 [Khosla Ventures](https://millionrounds.com/fund/khosla-ventures) L [General Catalyst](https://millionrounds.com/fund/general-catalyst) [Founders Fund](https://millionrounds.com/fund/founders-fund) L L [GIC](https://millionrounds.com/fund/gic) L L [Avenir](https://millionrounds.com/fund/avenir) L [ICONIQ Capital](https://millionrounds.com/fund/iconiq-capital) L L L [Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) L [Lux Capital](https://millionrounds.com/fund/lux-capital) [Thrive Capital](https://millionrounds.com/fund/thrive-capital) [D1 Capital Partners](https://millionrounds.com/fund/d1-capital-partners)

## Everyone who backed them

[Khosla Ventures](https://millionrounds.com/fund/khosla-ventures) VC firm **7** rounds, led 1

[General Catalyst](https://millionrounds.com/fund/general-catalyst) VC firm **7** rounds

[Founders Fund](https://millionrounds.com/fund/founders-fund) VC firm **6** rounds, led 2

[GIC](https://millionrounds.com/fund/gic) Private equity **6** rounds, led 2

[Avenir](https://millionrounds.com/fund/avenir) VC firm **5** rounds, led 1

[ICONIQ Capital](https://millionrounds.com/fund/iconiq-capital) Family office **4** rounds, led 3

[Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) VC firm **4** rounds, led 1

[Lux Capital](https://millionrounds.com/fund/lux-capital) VC firm **4** rounds

[Thrive Capital](https://millionrounds.com/fund/thrive-capital) Accelerator **4** rounds

[D1 Capital Partners](https://millionrounds.com/fund/d1-capital-partners) Hedge fund **4** rounds

[Ontario Teachers' Pension Plan](https://millionrounds.com/fund/ontario-teachers-pension-plan) VC firm **3** rounds, led 2

[Sands Capital Management](https://millionrounds.com/fund/sands-capital) Growth equity **3** rounds, led 1

[Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) VC firm **3** rounds

[8VC](https://millionrounds.com/fund/8vc) VC firm **3** rounds

[Coatue](https://millionrounds.com/fund/coatue-management) VC firm **3** rounds

[T. Rowe Price](https://millionrounds.com/fund/t-rowe-price) Private equity **3** rounds

[Alpha Wave Global](https://millionrounds.com/fund/alpha-wave-global) Private equity **3** rounds

[137 Ventures](https://millionrounds.com/fund/137-ventures) VC firm **3** rounds

[1789 Capital](https://millionrounds.com/fund/1789-capital) Private equity **3** rounds

[Definition](https://millionrounds.com/fund/definition-capital) VC firm **3** rounds

[BoxGroup](https://millionrounds.com/fund/boxgroup) VC firm **2** rounds

[Stripe](https://millionrounds.com/fund/stripe) Company **2** rounds

[Stripes](https://millionrounds.com/fund/stripes) Private equity **2** rounds

[Generation Investment Management](https://millionrounds.com/fund/generation-investment-management) Private equity **2** rounds

[D.E. Shaw](https://millionrounds.com/fund/d-e-shaw) Hedge fund **2** rounds

[Thrive Capital](https://millionrounds.com/fund/thrive-capital-2) Family office **1** round, led 1

[Dragoneer Investment](https://millionrounds.com/fund/dragoneer-investment-group) Private equity **1** round, led 1

[Sequoia](https://millionrounds.com/fund/sequoia) Corporate VC **1** round, led 1

[Bessemer Venture Partners](https://millionrounds.com/fund/bessemer-venture-partners) VC firm **1** round

[Google Ventures](https://millionrounds.com/fund/gv) Corporate VC **1** round

[Insight Partners](https://millionrounds.com/fund/insight-venture-partners) VC firm **1** round

[Antler](https://millionrounds.com/fund/antler) VC firm **1** round

[Benchmark](https://millionrounds.com/fund/benchmark) VC firm **1** round

[Citibank](https://millionrounds.com/fund/citi) Growth equity **1** round

[Fidelity](https://millionrounds.com/fund/fidelity) VC firm **1** round

[FirstMark](https://millionrounds.com/fund/firstmark) VC firm **1** round

[Morgan Stanley Investment Management](https://millionrounds.com/fund/morgan-stanley-investment-management) Private equity **1** round

[Craft Ventures](https://millionrounds.com/fund/craft-ventures) VC firm **1** round

[Forerunner Ventures](https://millionrounds.com/fund/forerunner-ventures) VC firm **1** round

[Sutter Hill Ventures](https://millionrounds.com/fund/sutter-hill-ventures) VC firm **1** round

[AlleyCorp](https://millionrounds.com/fund/alleycorp) Venture studio **1** round

[Greenoaks](https://millionrounds.com/fund/greenoaks) VC firm **1** round

[Iconiq Capital](https://millionrounds.com/fund/iconiq-capital-3) Growth equity **1** round

[ICONIQ Capital](https://millionrounds.com/fund/iconiq-capital-2) Family office **1** round

[Insight Partners](https://millionrounds.com/fund/insight-partners) Company **1** round

[Coral Capital](https://millionrounds.com/fund/coral-capital) VC firm **1** round

[Operator Collective](https://millionrounds.com/fund/operator-collective) VC firm **1** round

[Robin Hood Ventures](https://millionrounds.com/fund/robin-hood-ventures) Angel network **1** round

[Goldman Sachs Alternatives](https://millionrounds.com/fund/goldman-sachs-alternatives) Growth equity **1** round

[NewView Capital](https://millionrounds.com/fund/newview-capital) VC firm **1** round

[BroadLight Capital](https://millionrounds.com/fund/broadlight-capital) Private equity **1** round

[Starting Line](https://millionrounds.com/fund/starting-line) VC firm **1** round

[Pinegrove Venture Partners](https://millionrounds.com/fund/pinegrove-venture-partners) Growth equity **1** round

[D1 Capital](https://millionrounds.com/fund/d1-capital) Private equity **1** round

[Capital International](https://millionrounds.com/fund/capital-international) Growth equity **1** round

[Epicenter Capital](https://millionrounds.com/fund/epicenter-capital) Investment firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=ramp).

## Also claim to have backed them

These 24 firms list Ramp as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[Pathlight](https://millionrounds.com/fund/pathlight) VC firm Per its own site

[Denver Ventures](https://millionrounds.com/fund/denver-angels) VC firm Per its own site

[Korelya Capital](https://millionrounds.com/fund/korelya-capital) VC firm Per its own site

[D. E. Shaw Ventures](https://millionrounds.com/fund/d-e-shaw-ventures) Growth equity Per its own site

[Glade Brook Capital Partners](https://millionrounds.com/fund/glade-brook-capital) VC firm Per its own site

[ANTI FUND](https://millionrounds.com/fund/anti-fund) VC firm Per its own site

[Litquidity Ventures](https://millionrounds.com/fund/litquidity-ventures) VC firm Per its own site

[1/1 Capital](https://millionrounds.com/fund/1-1-capital) Family office Per its own site

[Cascade Venture Capital](https://millionrounds.com/fund/cascade-venture-capital) VC firm Per its own site

[Conduit](https://millionrounds.com/fund/conduit) Accelerator Per its own site

[Golden Wok](https://millionrounds.com/fund/golden-wok) VC firm Per its own site

[Hickory Falls Ventures](https://millionrounds.com/fund/hickory-falls-ventures) Family office Per its own site

[Octant Ventures](https://millionrounds.com/fund/octant-ventures) VC firm Per its own site

[Original Capital](https://millionrounds.com/fund/original-capital) VC firm Per its own site

[Osiyan Capital](https://millionrounds.com/fund/osiyan-capital) Investment firm Per its own site

[Palm Tree Crew](https://millionrounds.com/fund/palm-tree-crew-investments) VC firm Per its own site

[Sarona Ventures](https://millionrounds.com/fund/sarona-ventures) VC firm Per its own site

[Section Partners](https://millionrounds.com/fund/section-partners) Private equity Per its own site

[Standard](https://millionrounds.com/fund/standard) VC firm Per its own site

[Standard Crypto](https://millionrounds.com/fund/standard-crypto) VC firm Per its own site

[Story Capital](https://millionrounds.com/fund/story-capital) Private equity Per its own site

[Vibora Capital](https://millionrounds.com/fund/vibora-capital) Family office Per its own site

[WAGMI Ventures](https://millionrounds.com/fund/wagmi-ventures-3) Angel network Per its own site

[ZoiBel](https://millionrounds.com/fund/zoibel) VC firm Per its own site

## Quick answers about Ramp

### Who invested in Ramp?

Ramp's investors include Khosla Ventures, General Catalyst, Founders Fund, GIC and Avenir, and 51 more on record. Thrive Capital led its latest round.

### How much has Ramp raised?

Ramp has raised $4.5B across 8 rounds since 2025.

### When did Ramp last raise?

Ramp's most recent round was a Growth of $1.9B in Oct 2026, led by Thrive Capital.

### What was Ramp's biggest round?

Its most recent round, $1.9B in Oct 2026, is also its largest on record.

### Who backed Ramp first?

Ramp's first round on record, in Mar 2025, was backed by Khosla Ventures, Founders Fund and Sequoia and 8 others.

### What stage is Ramp at?

Ramp's latest named round is a Growth, in Oct 2026.

### Where is Ramp based?

Ramp is based in the United States.

### Who led Ramp's rounds?

ICONIQ Capital led the Growth in 2025; Lightspeed Venture Partners led the Undisclosed round in 2025; GIC led the Growth in 2026; Thrive Capital led the Growth in 2026.

## Companies like Ramp

In the same sector, and raised in the last eighteen months.

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## Find investors like these

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Open the investor searchOr these rounds in the app
