Ramp Valuation 2025: Why Fintech Unicorn Ramp Is Worth $32 Billion – and What New Signals From Dec. 5–7 Reveal
Ramp’s valuation climbed to $32 billion in November 2025 after a series of funding rounds, with secondary-market platforms Forge Global and Notice.co later implying even higher prices for its shares. Institutional research cited Ramp’s AI-driven platform and rapid growth, while analysts questioned whether its profitability and scale justify the aggressive pricing. The company reported over $1 billion in annualized revenue and 50,000 business customers.