
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. 6 verified events in the last 30 days — most recently: "Mercuryo and Tangem Launch Zero-Fee USDC On-Ramp for Stellar Users - FF News".
Capital Timeline
Funding & liquidity milestones
Backed by
Comparables
Signals
- LaunchFF News
Mercuryo and Tangem Launch Zero-Fee USDC On-Ramp for Stellar Users - FF News
- LaunchFF News
Ramp UK Launch: AI-First Spend Management Platform Arrives in Britain - FF News
- LaunchYahoo Finance
Exelixis Eyes Zanza Launch as CABOMETYX Growth Faces NET Ramp Hurdle - Yahoo Finance
- LaunchTech.eu
Ramp launches in UK, trumpets AI token spend platform - Tech.eu
- FundingGlobal Times
Z.AI raises $5 billion via share sale, bond issuance as Chinese AI developers ramp up R&D efforts - Global Times
- FundingYahoo Finance
Ondas Raises 2026 Revenue View: Can It Deliver the Required H2 Ramp? - Yahoo Finance