Ramp in Talks to Raise $750M at $40B+ Valuation — Up from $32B Six Months Ago

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AI-powered fintech Ramp is reportedly negotiating a $750M raise at a pre-money valuation exceeding $40B, just six months after its $32B round. The company now serves 50,000+ customers (doubled year-over-year), processes $100B+ in annualized purchase volume, and surpassed $1B in annualized revenue. CEO Eric Glyman's AI agent strategy — automating expense policy, fraud detection, and cash optimization — is a key driver.