The lamp is valuated at $22.5 billion just 45 days after reaching $1.6 billion
Eric Griman, co-founder and CEO of Expense Management Startup Lamp; announcement On Wednesday, a fresh salary increase of $500 million at a post-money valuation of $22.5 billion.
This new round, Leading ICONIQ’s growth comes just 45 days after Ramp’s final round, accompanied by participation from the Founders Fund and D1 Capital Partners. In June, Lamp raised $200 million at a valuation of $16 billion. A $13 billion valuation lamp has been announced In March.
In his blog post, Griman laid out his vision for AI agent-driven “autonomous finance,” which he predicts will become the norm by 2028. That first agent I have plans to launch more.
Lamps currently raise a total of $1.9 billion. The company told TechCrunch that its cash flow became positive earlier this year. In March, Griman said Lamp had annual revenues of $700 million. Currently, we charge 40,000 customers.