Ramp raises $1.85 billion in Series G funding at a $60 billion valuation, led by Dragoneer with Thrive Capital, Founders Fund, Sands Capital and Avenir Growth as co-leads. The corporate finance software provider says annualized revenue exceeds $2 billion and most of its more than 85,000 customers use at least two products. Its new Glass tool lets workers share chatbot prompts and search business records using natural language.
Ramp completes funding at a $60 billion valuation as its annualized revenue reaches $2 billion, a milestone that helps attract fresh investor capital. The fintech company plans to announce its $2 billion annualized revenue figure Thursday, linking the revenue milestone to new investor interest.
Cognition, maker of coding assistant Devin, raises $2 billion at a $48 billion valuation in a round led by Andreessen Horowitz, Accel, Founders Fund, General Catalyst, and Avenir. The company reports annualized run-rate revenue of $900 million, up from $492 million in May, and is projected to reach $4 billion to $5 billion by the end of 2026. Its enterprise customers include Mercedes-Benz, NASA, Goldman Sachs, and Citi, and it is training a model based on open-source alternatives to reduce reliance on OpenAI and Anthropic.
Sep 2026 · TechCrunchNews article
Avenir
Operating Status: Operating
New York-based venture and growth equity firm investing across software, fintech, and consumer companies since 2017.
