Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Want it in your inbox every Friday? Sign up here. Sometimes problems are just that: problems. But often, they are also fodder. This week brought us a mix of startups facing adversity, sometimes of their own doing,…
Category: Ramp
Eric Glyman, Exclusive, Fintech, Global IT News, Global Security News, Ramp, Startups
Ramp has more than doubled its annualized revenue to $700 million
Fintech startup Ramp has crossed $700 million in annualized revenue as of January of this year, according to a source familiar with the company’s internal operations. The company had crossed $100 million in annualized revenue before its third birthday in March 2022, passed $300 million by August 2023, and now effectively more than doubled that…
Eric Glyman, Fintech, Global IT News, Global Security News, Ramp, Startups
Fintech startup Ramp nearly doubles valuation to $13B in secondary share sale
Expense management startup Ramp has nearly doubled its valuation to $13 billion after a $150 million secondary share sale, the company announced Monday morning. New and existing backers including VC Stripes, GIC, Avenir Growth, Thrive Capital, Khosla Ventures, General Catalyst, Lux Capital, 137 Ventures and Definition Capital bought the secondaries from employees and early investors.…
Global IT News, Global Security News, Hims, openai, papaya global, Poppi, Ramp, Startups, super bowl, Tech, venture capital
Here are five startups that are running Super Bowl ads this year
Super Bowl weekend is here with the Philadelphia Eagles set to take on the Kansas City Chiefs in New Orleans on Sunday evening. While many folks tune in to the Super Bowl for the actual football, others do so for the halftime performance, and some tune in just for the ads. The ad roster this…
Fintech, Global IT News, Global Security News, Ramp, saquon barkley, spend management, Startups, super bowl
Fintech Ramp lands Eagles’ Saquon Barkley as investor and Super Bowl commercial star
Philadelphia Eagles’ star running back Saquon Barkley has not only become an investor in fintech startup Ramp, he is also the star of the company’s first Super Bowl commercial. Interestingly, it was Barkley who reached out to Ramp about investing, not the other way around as is so often the case with celebrity endorsements. Barkley…
Divvy Homes, Fintech, Global IT News, Global Security News, Ramp, Startups, stripe, TechCrunch Fintech
This startup is selling for $1B, so why is its founder not proud of the outcome?
Welcome to TechCrunch Fintech! This week we’re looking at the story behind the sale of Divvy Homes, Ramp’s new product, some notable fundraising deals, and more! To get a roundup of TechCrunch’s biggest and most important fintech stories delivered to your inbox every Tuesday at 8:00 a.m. PT, subscribe here. The big story Last week,…
Exclusive, Fintech, Global IT News, Global Security News, Ramp, Startups
Ramp encroaches into digital bank territory with new treasury product
Over the years, Ramp has built a name for itself in the corporate card and expense management space. It’s branched out into travel, bill pay, and more, while raising over $1.2 billion in venture funding. Today, the six-year-old fintech startup is announcing a different kind of expansion — one that takes it into more of…