Fundz

Ramp Raises £40M To Become Paypal Of Crypto Payments

PRIVATEDec 16, 2021

Amount Raised

£40 Million

Round Type

Funding Round

New YorkSoftwareFinanceFintech

Description

Cryptocurrency payments startup Ramp has raised $52.7m (£40m) for its payment infrastructure software that allows businesses to set up in-app crypto payments.

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Company Information

Company

RAMP

Location

28 WEST 23RD STREET

New York, New York, United States

About

Ramp Business Corporation is a prominent American fintech company based in New York City, with additional offices in Miami and San Francisco. Founded in 2019, Ramp has transformed from a corporate credit card provider into a comprehensive financial operations platform. The company aims to help businesses save time and money by automating finance tasks and optimizing spending policies. Ramp serves a diverse clientele of over 50,000 customers, including small-to-medium businesses and large enterprises. Its platform features corporate charge cards, automated expense management, accounts payable solutions, procurement workflows, and accounting automation. Ramp's technology leverages AI and machine learning to enhance expense tracking and vendor management. The company has raised approximately $2.53 billion in funding and is valued between $32 billion and $44 billion, with annualized revenue exceeding $1 billion. Ramp is recognized for its innovative approach, having received accolades such as "Most Innovative Finance Company of 2022" by Fast Company.

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ML-powered predictions for RAMP's next move

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RAMP raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.