<ul data-eligibleForWebStory="true"><li>Spend management startup Ramp raised a $200 million Series E led by Founders Fund.</li><li>The funding round resulted in a post-money valuation of $16 billion, a $3 billion increase from the previous $13 billion valuation announced in March.</li><li>Ramp's current valuation has more than doubled from $7.65 billion over a year ago.</li><li>CEO Eric Glyman has not disclosed revenue figures but mentioned significant growth.</li><li>In the summer of 2023, Ramp reached over $300 million in annualized revenue.</li><li>Key investors in the Series E round include Thrive Capital, D1 Capital Partners, and General Catalyst.</li></ul>

In just 3 months, Ramp’s valuation jumped to $16B, up from $13B

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