Rippling — Startup Profile
One system to manage every employee — payroll, benefits, devices, and apps
HQ: San Francisco, United States | Founded: 2016 | Employees: 2,500 | Stage: Late Stage VC | Website: https://www.rippling.com
About
Rippling provides a cloud-based platform that unifies employee onboarding, payroll, benefits administration, device management, and app provisioning into a single workflow engine. The system is designed to eliminate the fragmentation of managing employees across dozens of disconnected SaaS tools. Its primary customers are mid-market companies and fast-growing startups seeking to automate workforce operations at scale.
The Take
Rippling is a unified workforce management platform that consolidates HR, IT, and finance operations into a single system, serving mid-market and enterprise customers with a product-led growth motion and venture-grade unit economics.
Key Metrics
- Latest Valuation: $13.5B
- Last Round: $500M Series E
- Total Funding: $1.4B
- Headcount: 2,500
- Founded: 2016
- Est. Runway: 0 months
Funding Rounds
- Round: $45M (2019-04-01) — Kleiner Perkins
- Round: $145M (2020-08-01) — Sequoia Capital
- Round: $250M (2021-10-01) — Founders Fund
- Round: $500M (2022-05-01) — Tiger Global
- Round: $500M (2024-05-14) — Kleiner Perkins, Sequoia Capital
Key People
- Parker Conrad
- Prasanna Sankar
Key Competitors
- Gusto —
- Deel —
- Workday —
- Rippling —
Timeline Highlights
- 2024-05-14: Series E
- 2022-05-01: Series D
- 2021-10-01: Series C
- 2020-08-01: Series B
- 2019-04-01: Series A
- 2016-01-01: Company Founded
Recent News
- Rippling Raises $500M Series E at $13.5B Valuation (2024-05-14)
- Rippling Launches Global Payroll in 50+ Countries (2024-03-22)
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