Latham & Watkins Advises Ramp on US$300 Million Funding Round at US$32 Billion Valuation

"Latham & Watkins LLP represented Ramp in a US$300 million primary financing round and employee tender offer that brings Ramp's valuation to US$32 billion. The round was led by Lightspeed Venture Partners with participation from Founders Fund, D1 Capital Partners, Alpha Wave Global and Bessemer Venture Partners, and will support product and customer growth."

Latham & Watkins LLP represented Ramp in connection with its US$300 million primary financing round and employee tender offer. Ramp, a financial operations platform, has completed a US$300 million primary financing and an accompanying employee tender offer, which together value the company at US$32 billion. The financing was led by Lightspeed Venture Partners, with participation from existing investors including Founders Fund and D1 Capital Partners, and new investors such as Alpha Wave Global and Bessemer Venture Partners. The investment is intended to support Ramp’s continued growth, enabling the company to enhance its product offerings and expand its customer base, which the company reports has doubled over the past year. Latham & Watkins LLP represented client(s) Ramp with a team composed by: Bay Area partner Seth Gottlieb, who led the Emerging Companies & Growth team, and associates Kojo Hayward, Kayleigh Kuyon, and Marc Lim.

Latham & Watkins Advises Ramp on US$300 Million Funding Round at US$32 Billion Valuation

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