Dragoneer leads $1.85 billion into Ramp at no more than 30 times annualized revenue
Ramp raised $1.85 billion in a primary round at a $60 billion valuation, led by Dragoneer Investment Group. At annualized revenue above $2 billion the price is at most 30 times sales, for a company that says its cash flow is positive.
Perspective Coverage
8 publishers- Builder
- Builder 24%
- Operator
- Operator 28%
- Investor
- Investor 48%
Reality
- Evidence58
- Adoption75
- Hype gap+25
- Incentives72
- Confidence68