Valuation and growth
Fintech company Ramp has reached a $60 billion valuation through a new funding round. According to the company, its annualized revenue has surpassed $2 billion and its customer count has reached 85,000.
AI push
While sustaining this growth, Ramp is investing more deeply in artificial intelligence. How the company uses AI in its financial operations is likely to draw more attention in the coming period.
What it means
Ramp's valuation shows investor interest in AI-powered finance tools remains strong. The company continues to grow on both the revenue and customer fronts.
