Ramp Secures $300M in Funding Round, Leading a $6.6B Startup Fundraising Week in the U.S.
November 24, 2025
Tulu, New York–based on-demand rental infrastructure platform, raised $17 million to support its usage-based model, with investors including Bosch Ventures and Greensoil PropTech.
Ramp, the New York City–based financial operations platform, raised $300 million in a funding round led by Lightspeed Venture Partners, bringing Ramp’s total equity to about $2.3 billion since 2019 and valuing the company at a high level amid a strong syndicate including Thrive Capital and General Catalyst.
Amogy, Brooklyn-based on carbon-free energy via ammonia cracking, raised $15 million to push commercialization, with investors including GS Investment Partners.
Coverbase, San Francisco’s AI-native procurement platform, raised $16.5 million to automate vendor intake, risk, and contracts, bringing total funding to $20 million with backers including Canapi Ventures and Pear VC.
Kalshi, the New York–based predictions marketplace, closed a $1 billion round led by Sequoia Capital and CapitalG, signaling a major expansion and placing its valuation around $11 billion.
WellBeam of Palo Alto raised $10 million to advance an EMR-integrated care-coordination platform for digital health, with backing from Advocate Health and F-Prime.
Agentio in Brooklyn raised $40 million to build an AI-native advertising platform for creator advertising, bringing total funding to $56.3 million with supporters like Benchmark and Craft Ventures.
Gridware, based in San Francisco, secured $55 million to advance grid safety and reliability in electrical transmission and distribution, supported by Anchors like Sequoia Capital and Tiger Global, bringing total funding to nearly $97 million.
In the broader weekly roundup, the report catalogs notable U.S. startup fundings totaling roughly $6.6 billion for the week ending November 22, 2025, highlighting top rounds and sector mix such as AI, fintech, and energy.
Genspark from Palo Alto raised $275 million to power an AI search platform delivering summaries and overviews, with major investors including Emergence Capital and Tencent.
Solve Therapeutics closed on a $120 million round led by Yosemite, accelerating therapeutics and diagnostics for solid tumor malignancies.
Kraken raised $800 million in two tranches, valuing the crypto exchange at about $20 billion after a strategic investment from Citadel Securities.
Summary based on 3 sources
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Sources

Crunchbase News • Nov 21, 2025
The Week’s 10 Biggest Funding Rounds: A Lot Of Really Big Deals
AlleyWatch • Nov 23, 2025
The Weekly Notable Startup Funding Report: 11/24/25 – AlleyWatch
AlleyWatch • Nov 23, 2025
The Weekly Notable Startup Funding Report: 11/24/25 – AlleyWatch