💨 Abstract

Ramp, a fintech startup offering corporate cards and expense management software, has achieved a $13 billion valuation in a secondary offering. The New York-based company, which serves over 30,000 customers, has seen its annualized revenue grow to $700 million. The new valuation is a 71% increase from its April 2021 funding round.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖