Ramp Stock Price, Valuation & IPO
Private company — Ramp is privately held. Its shares are not listed on any public exchange and can only be accessed through private secondary transactions.
Status source: AXEVIL investment team
$164.65 per share (AXEVIL consensus estimate)
Source: AXEVIL consensus of recent secondary transactions · as of 27 October 2026
Last round valuation: $60B
Source: F-1, October 2026, post-money
Total raised: over $3B
Data last updated: 27 October 2026
About Ramp
Corporate card and spend-management platform with AI-driven finance automation. In November 2025 the company raised $300M at a $32B valuation; as of May 2026 was in talks for a new round valuing it above $40B.
Ramp is corporate cards and full control of a company's spending in one service: the platform runs procurement, pays suppliers, and finds where the business is overpaying. The legal entity is Ramp Business Corporation, founded in 2019 in New York. Since November 2025 the company has posted positive free cash flow, which most fintechs of comparable scale do not. Customers' spending on AI models has grown 13x since January 2025. Current valuation is $44B from a Series F (June 2026), against $22.5B in July 2025 and $32B in November; more than $3B raised in total.
- Sector: Fintech
- Headquarters: New York, USA
- Founded: 2019
Key highlights
- The valuation rose from $22.5B to $44B in a single year. In July 2025 the company was worth $22.5B, in November $32B, and on June 4, 2026 it raised $750M at a $44B valuation.
- The company has stopped burning cash. Since November 2025 Ramp has posted positive free cash flow, which most fintechs of comparable scale do not.
- Spending on artificial intelligence has become a new budget line, and Ramp took it first. Customers' spending on models has grown 13x since January 2025, but only 21% of CFOs see a measurable return on that money.
- Pre-IPO-stage investors have come onto the cap table. The Series F included GIC, the Ontario Teachers' Pension Plan, Goldman Sachs Alternatives, and Morgan Stanley Investment Management.
Funding rounds
| Date | Round | Price / share | Post-money valuation |
|---|---|---|---|
| 9 October 2026 | F-1 | $160.00 | $60B |
| 4 June 2026 | F | $120.00 | $44B |
| 17 November 2025 | E-3 | $90.00 | $32B |
| 30 July 2025 | E-2 | $65.00 | $23B |
| 17 June 2025 | E | $47.50 | $16B |
| 17 April 2024 | D-2 | $25.00 | $7.7B |
| 21 August 2023 | D | $20.00 | $5.8B |
| 21 March 2022 | C-3 | $30.00 | $8.1B |
Latest news
- Ramp filed an application with the OCC for a national trust bank license for the custody of digital assets — 19 October 2026
- Bloomberg: Ramp raised 1.85 billion dollars at a valuation of 60 billion, annual revenue exceeded 2 billion — 15 October 2026
- Bloomberg: Ramp raised about 1.85 billion dollars at a valuation of 60 billion dollars — 9 October 2026
- Ramp will embed bill payment and corporate cards into ServiceTitan — Ramp's first embedded partnership with industry software — 30 September 2026
Frequently asked questions
How can I buy Ramp stock before the IPO?
Not on a public exchange — Ramp is privately held. Shares change hands only in private secondary transactions. AXEVIL structures those as dedicated US special purpose vehicles for accredited investors, subject to availability and to the rules of your jurisdiction.
What is the Ramp stock price?
A private company has no single official share price. AXEVIL's consensus estimate is $164.65 per share as of 27 October 2026. Its most recent round implied a post-money valuation of $60B (October 2026).
What is Ramp's valuation (net worth)?
Ramp's most recent funding round valued the company at $60B post-money (October 2026) — the latest primary-market measure of what the company is worth. Secondary trades can price its shares above or below that round.
When will Ramp IPO?
No listing has been announced. AXEVIL does not forecast IPO dates — this page states what has actually been filed or reported, with the date it was last checked.
Is Ramp publicly traded?
No. Ramp is a private company and its shares are not listed on any public exchange.
Does Ramp have a stock symbol?
No. Ramp has no ticker symbol because its shares are not listed on any exchange; a symbol is assigned only at an IPO or direct listing.
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Risk disclosure
Nothing on this page is an offer to sell or a solicitation to buy any security, and it is not investment advice. Valuations and share prices shown here are AXEVIL estimates built from primary sources — filings, announced rounds and completed secondary transactions — not quoted market prices, and they can be revised. Private-company shares are illiquid, may be impossible to sell, and the entire amount invested can be lost. Availability depends on your jurisdiction and on accredited-investor status.