Ramp says it has hit $1B in annualized revenue, after saying it had hit $700M in March; it was valued at $22.5B in July (Julie Bort/TechCrunch)

Julie Bort / TechCrunch:
Ramp says it has hit $1B in annualized revenue, after saying it had hit $700M in March; it was valued at $22.5B in July  —  On Tuesday, Ramp answered any lingering questions as to why investors recently valued the expense management startup at $22.5 billion, just 45 days after a previous funding round valued …