Big round · 12 October 2026

Ramp raises $1.9B growth round led by Thrive Capital

By Millionrounds ResearchPublished 13 October 2026Updated 2 November 2026

Ramp, based in United States, has raised $1.9B in a growth round led by Thrive Capital, Dragoneer Investment and Avenir, announced on 12 October 2026. 21 other investors joined. It is the 24th largest equity round we recorded in the twelve months to that date, and the 15th largest growth round of 256. The median growth round over the same period was $123M, so this one is 15 times that. Its previous round on record was a secondary round of $3.5M in September 2026, 1 month earlier.

Raised$1.9B8 sources reported it

StageGrowth7 earlier rounds on record

Investors254 named as lead

Where USUnited States

Fintech

How big is it?

Against every equity round we recorded in the twelve months to 12 October 2026. Ranks count companies, so the same raise reported twice is counted once.

#24equity round of the last twelve months

#15growth round of 256 in that time

#17round in United States, of 1,168

This round$1.9B

Median growth round$123M

15 times the median growth round of the last twelve months.

Who invested

Also in the round

Funding history

October 2026Growth$1.9B
September 2026Secondary$3.5M
July 2026Late stage$750M
May 2026Growth$750M
August 2025Growth$500M
June 2025Series E$200M
July 2019Pre-seed$1.1M
March 2015Venture$458K

$4.1B raised across the 8 rounds we hold.

Reported by

The round's figures come from these reports; each link opens the original.

Other big rounds that week

OMass Therapeutics$310M Series C

Salience Labs$125M Series B MModal Labs Inc.$750M Series D

Labelbox$100M Series E

Skeleton Technologies$100M Growth SScanntech$180M Series F

The companyRamp on Millionrounds→Weekly roundupWeek of 12 October→Monthly roundupOctober 2026→