Ramp US$1.85 billion primary financing led by Dragoneer

Ramp announced a US$1.85 billion primary financing led by Dragoneer Investment Group, with Thrive Capital, Founders Fund, Sands Capital and Avenir Growth as co-leads. The financing valued Ramp at US$60 billion. The amount is the entire round, not Dragoneer's contribution; no investor-specific amount was disclosed.