Ramp achieves $32 billion valuation, doubles revenue and customer base in past year driven by AI-powered financial automation

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Financial operations platform Ramp has achieved a significant milestone, reaching a $32 billion valuation. This surge follows a $300 million financing round and an employee tender offer. Ramp's AI-powered platform integrates corporate cards, expense management, and bill payments. The company has seen its annualized revenue surpass $1 billion and its customer base grow to over 50,000 companies.