RampISO/NSO
Ramp equity calculator: value your options at the latest valuation
Calculate the current value of your Ramp equity using secondary market data and four independent valuation methods. Free, no account required.
Ramp — current market snapshot
Last primary round
$8.1B
Series D+ · 2024-01
Secondary market
—
No recent verified signal
Annual revenue (ARR)
$0.3B
+70% YoY
Equity type
ISO/NSO
Strike: $22–$40
Key things to know
- →Ramp is one of the fastest-growing corporate spend management platforms.
- →Secondary market implied valuation tracks the latest closed round.
- →Typical strike price range varies by grant year.
- →IPO possible 2026–2028 as Ramp scales.
Open the calculator
Enter your actual shares, equity type, and strike price. PrivatePulse uses secondary market data and four independent valuation methods to give you a defensible range.
Calculate my Ramp equity →Free · No account required · Takes 2 minutes
Liquidity outlook for Ramp
IPO possible 2027–2029 once ARR milestones are hit. Secondary indication near primary round valuation. Strategic M&A also plausible in consolidating sector.
As an option holder, you'll need to exercise your ISO/NSO to own shares. Strike price, exercise cost, and tax treatment (ISO vs NSO) all matter. Model carefully with a CPA.
Frequently asked questions
What is my Ramp equity worth right now?↓
Ramp's Series E-3 (2025) valued the company at $32B. Secondary market data (Hiive, Forge, Caplight) gives a live read on implied valuation — PrivatePulse tracks this and updates every week. Gross value per option = (secondary share price − your strike price). Multiply by your vested count, then subtract taxes. The PrivatePulse calculator handles all of this automatically.
When will Ramp go public or offer liquidity?↓
Ramp is valued at $32.0B. An IPO is possible in the 2028–2030 timeframe, but the company is still in growth mode and has not indicated a public offering timeline. Secondary market platforms like Hiive and Forge may offer limited liquidity for accredited investors.
What is the Ramp strike price for employee options?↓
Strike prices at Ramp vary by grant year and cohort. Recent grants typically carry strikes in the $0–$40 range per share. Your grant agreement shows your exact 409A strike. With Ramp now implying ~$32B, the intrinsic value per option is (current secondary price per share − your strike); enter your numbers in the PrivatePulse calculator to see the full picture including AMT and vesting schedule.
What's the difference between Ramp ISOs and NSOs?↓
Ramp typically grants a mix of Incentive Stock Options (ISOs) and Non-Qualified Stock Options (NSOs). ISOs: exercised spread is not taxed as income — instead it creates an AMT preference item. Long-term capital gains treatment is available if you hold shares 2 years from grant and 1 year from exercise. NSOs: exercised spread is ordinary income immediately — simpler but less tax-efficient. Both types require payment of the strike price to exercise. Use the PrivatePulse calculator to model the after-tax outcome under ISO vs NSO treatment at the current $32B implied valuation.