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Ramp (Jack Zhang/@awxjack) raised $320M at an $11B valuation in a round led by…

2026-06-25 · 14:24 UTC ·@shuooo ·0 min read

Brief

Jack Zhang announced a $320M funding round valuing Ramp at $11B (led by Addition). He argues AI is changing how companies are built—smaller, globally distributed teams using agents—and notes Ramp spent a decade creating the financial infrastructure for that shift. The company is now building an "intelligent layer" on top of those rails to support AI-native organizations.

Why it matters

Ramp (Jack Zhang/@awxjack) raised $320M at an $11B valuation in a round led by Addition, announced June 25, 2026.

Key details

  • Jack Zhang says AI is reshaping company formation—teams are smaller, global from day one, and relying more on agents—and Ramp spent 10 years building financial rails for that world.
  • Ramp is now focused on building an "intelligent layer" on top of those financial rails to support AI-driven, distributed companies.
Source evidence

Congrats @awxjack!!!

Jack Zhang (@awxjack)

We’ve raised $320M at an $11B valuation, led by Addition.

AI is changing how companies are built. Teams are smaller, global from day one, and using agents more. We’ve spent 10 years building the financial rails for that world.

We’re now building the intelligent layer on top.

Video

— https://nitter.net/awxjack/status/2070147144376590684#m