Ramp's Reported $60B Price Tag, Plus a $775M Quantum Bet | Tech Arcade Podcast
Ramp, the corporate card and expense software company, has reportedly raised about $1.85 billion at a roughly $60 billion pre-money valuation, up from $44 billion in June. We explain what a private valuation really is, what Ramp's own numbers show, and the catch. Then: Oratomic has raised $775 million since launching in March, on a claim that a useful quantum computer needs about 10,000 qubits rather than millions, with no product or business model yet.
Full story: https://www.techarcade.io/ramp-just-hit-a-60-billion-valuation-and-16-billion-of-that-is-four-months-old/
Full story: https://www.techarcade.io/the-5-4-billion-quantum-startup-with-no-product-and-no-business-model/
Sources
The Next Web (Bloomberg report): https://thenextweb.com/news/ramp-60bn-valuation-1-85bn-round
Dealroom: https://dealroom.co/news/162085-ramp-raises-1-85b-at-60b-valuation-up-16b-in-four-months/
FinTech Futures: https://www.fintechfutures.com/venture-capital-funding/ramp-reportedly-hits-60bn-valuation-in-1.85bn-funding-round
Fintech Global (Ramp Series F, June 2026): https://fintech.global/2026/06/05/ramp-hits-44bn-valuation-with-landmark-series-f/
Capital One / Brex, SEC filing: https://www.sec.gov/Archives/edgar/data/927628/000119312526019444/d45426dex991.htm
Oratomic press release (The Quantum Insider): https://thequantuminsider.com/2026/10/08/oratomic-secures-775-million-fault-tolerant-quantum-computers/
SiliconANGLE: https://siliconangle.com/2026/10/08/oratomic-raises-475m-for-neutral-atom-quantum-computing-universal-quantum-nets-100m/
eWeek (WSJ valuation, Gartner forecast): https://www.eweek.com/news/gartner-quantum-computing-revenue-forecast-oratomic/
Index Ventures: https://www.indexventures.com/perspectives/making-quantum-computing-real-our-investment-in-oratomic/
Note: Ramp said in June it had passed $1bn in annualised revenue; Bloomberg reported $1.5bn. Oratomic's valuation is $5.4bn per the WSJ (via eWeek) and $5.5bn per SiliconANGLE.
More at https://www.techarcade.io
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