Ramp hits $44 billion valuation in $750 million raise as it bets that AI token spending is the next corporate expense to tame

Two years ago, Ramp was a $7.65 billion corporate card company. On Wednesday, it announced a $750 million Series F that values it at $44 billion, a nearly six-fold increase that makes it one of the most valuable private fintech companies in the world. The round was led by ICONIQ, GIC, and Ontario…