Fintech firm Ramp has announced a $1.85 billion primary financing round led by Dragoneer, valuing the company at $60 billion.
Annualised revenue has topped $2 billion, and more than 85,000 companies use Ramp's platform. The company's valuation was $44 billion in June.
Ramp offers corporate expense management, payments and financial automation tools, using AI to manage business spending.
The round reflects continued investor interest in automation of corporate finance.