Fintech · Digital Banking
Ramp
Series E-3
Latest valuation — June 2026 Series F, $750M raised at $44B (Iconiq, GIC, Ontario Teachers')
$32.0B → $44.0B · Nov 2025–Jun 2026
Probability modeled from funding stage, momentum & liquidity signals.
Valuation Trajectory
Funding-round staircase from founding · log scale. Filled dots are verified marks; hollow dots are the modeled round ladder between them.
IPO Model Drivers
Why the odds read this way
Factor weights are illustrative decompositions of the modeled IPO probability, not guarantees.
Down-Round Risk
Valuation downside pressure
Strong momentum (valuation up 38%) and a late financing stage make a down round unlikely near-term.
Asset brief
Ramp is a Fintech · Digital Banking company last marked at $44B (cross-verified by 3 independent sources). Stage: Series E-3. Valuation momentum is +37.5% ($32B → $44B). The transparent model puts IPO odds at 50% over the next 24 months. No verified market-moving events in the last 30 days.
Capital Timeline
Funding & liquidity milestones
Series E-3
$44B