Funding round
Ratio Growth
Reported as "Growth Equity"
Ratio, which works in technology procurement financing solutions in San Mateo, raised $100M in a Growth round announced on 14 Apr 2026. It is Ratio's third venture round on record; the one before was a Seed in Sep 2022.
$100M
Amount raised
Not disclosed
Post-money valuation
Valuation
What this round says about the price
Ratio did not disclose a valuation in this round. It came 43 months after Ratio's Seed. It is 20% of the $511M Ratio has raised in the venture rounds on record. No later venture round is on record for Ratio.
Use of proceeds
What the money is for
According to the announcement, the money goes to product development, scaling operations and working capital.
- Product development
- Scaling operations
- Working capital
Comparable rounds
How it compares
22 Growth rounds in Loans & Financing within a year either side disclosed an amount; the median was $39M, and this round was 2.6 times the median. The closest in time, other companies' Growth rounds in Loans & Financing:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Loans & Financing | 19 Mar 2026 | $96M | not disclosed | Creador |
| Loans & Financing | 1 Mar 2026 | $1.6M | not disclosed | not named |
| Loans & Financing | 27 Feb 2026 | $34M | not disclosed | not named |
| MNT-Halan Loans & Financing | 8 Jun 2026 | undisclosed | $1.40B | Al Ahly Capital Holding |
| Loans & Financing | 21 Jan 2026 | $90M | not disclosed | not named |
| Loans & Financing | 17 Jan 2026 | $37M | not disclosed | Vinci Compass |
| Loans & Financing | 21 Jan 2026 | $25M | not disclosed | BlackRock |
| Loans & Financing | 19 Aug 2026 | $100M | $1.30B | Prosus |
Sources
Where this comes from
Reported by 3 sources. The deal data marks this round as not yet confirmed by an official announcement. Unconfirmed
Questions
Frequently asked
How much did Ratio raise in its Growth round?
Ratio raised $100M in its Growth round, announced in Apr 2026.
What was Ratio's valuation at the Growth round?
It was not disclosed.
How does it compare with other Growth rounds in Loans & Financing?
22 Growth rounds in Loans & Financing within a year either side disclosed an amount; the median was $39M, and this round was 2.6 times the median.