Ramp says it has hit $1B in annualized revenue
In Brief Posted: 10:23 AM PDT · September 9, 2025 Image Credits:Kelly Sullivan / Getty Images Julie Bort Ramp says it has hit $1B in annualized revenue On Tuesday, Ramp answered any lingering questions as to why investors recently valued the expense management startup at $22.5 billion, just 45 days after a previous funding round valued it at $16 billion: the company says it has achieved $1 billion in annualized revenue. Annualized revenue refers to a company’s current revenue rate projected over a full year. In March, co-founder and CEO Eric Glyman told TechCrunch that Ramp had hit annualized revenue of $700 million. That’s $300 million of revenue growth in about six months. Ramp, which provides corporate expense management and financial software tools,…
