Alumni News Brief

Ramp reaches $1.6B valuation

Fintech startup co-founded by Karim Atiyeh, A.B./S.M. ’11 and Eric Glyman, A.B. ’12

 

Karim Atiyeh and Eric Glyman

Karim Atiyeh (left) and Eric Glyman

Ramp, a fintech startup co-founded by Karim Atiyeh, A.B./S.M. ’11 (electrical engineering and computer science), and Eric Glyman, A.B. ’12 (economics), has raised $115 million in new funding and has been valued at $1.6 billion.

The startup, which Atiyeh and Glyman launched in 2019, is building the next generation corporate card to help businesses save money. The new round brings Ramp’s total funding to $320 million. Funds from the new round will be used to support Ramp’s growth and product development.

Read more in Forbes.