RAMP RAISES ANOTHER $150M CO-LED BY KHOSLA AND FOUNDERS FUND

Summary from the TLDR Founders newsletter

Ramp, a spend management startup, has raised an additional $150 million in a funding round co-led by new investor Khosla Ventures and existing investor Founders Fund, achieving a post-money valuation of $7.65B. This funding, an extension of its Series D round, will be used to further Ramp's innovation in AI and automation and for potential acquisitions, building on the company's significant growth in revenue and customer base since its inception in 2019.