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RIPPLING
Rippling
HR technology (HR, IT and finance management platform) · San Francisco, California · United States · Founded · 2016 · ≈ · 5,000 · employees

Rippling: Company Profile & Valuation

Private

Rippling is a private company building in hr technology (hr, it and finance management platform). Investors last valued the company at $16.8B (post-money). No public ticker exists for the company.

ProfileValuationFundingCompetitorsStock & IPOHow to invest
Rippling at a glance
Last valuation
$16.8B
POST-MONEY · MAY 2025
Raised across rounds
$3.4B
12 rounds
IPO status
Private
no listing announced
Nearest Canborsa market
HOOD—
HOOD-PERP · live
Valuation history

Rippling valuation history

3 valuations. The latest, $16.8B post-money, was set by the Series G in May 2025.

$16.8B
Apr 2024
$13.5B
Series F · post-money
May 2025
$16.8B
Series G · post-money
+24% vs prior valuation
May 2025
$16.8BLATEST
Series G · post-money
+0% vs prior valuation
Latest valuation
$16.8Bpost-money
Set by the Series G · 9 May 2025
×1.2since the $13.5B Series F in Apr 2024
Valuations
3
Priced rounds with a valuation
Event type
Primary round
The Series G · $450M raised
Undated: Series G Tender offer at —; Series F Tender offer at —; Series E at $11.2B (post-money); Series D at $11.2B (post-money); Series C at —; Series B at —; Series A at —.
Funding history

Rippling funding rounds — every disclosed raise

Round
Date
Amount
Valuation
Lead investors
Δ valuation
Seed
Mar 2017
$7M
—
—
—
Emergency financing during the SVB collapse
Mar 2023
$500M
—
Greenoaks Capital
—
Series F
Apr 2024
—
$13.5B
Coatue
—
Series G
May 2025
$450M
$16.8B
—
+24.4%
Series G
May 2025
$450M
$16.8B
—
+0.0%
Series G Tender offer
—
$200M
—
—
—
Series F Tender offer
—
$590M
—
—
—
Series E
—
$500M
$11.2B
Greenoaks
—
Series D
—
$250M
$11.2B
Bedrock, Kleiner Perkins
—
Series C
—
$250M
—
Sequoia Capital
—
Series B
—
$145M
—
Founders Fund
—
Series A
—
$45M
—
Kleiner Perkins
—
Rippling · investors

Investors

Kleiner PerkinsLEADFounders FundLEADSSequoia CapitalLEADBBedrockLEADGreenoaksLEADCoatueLEADGreenoaks CapitalLEADSands CapitalGGICGGoldman Sachs GrowthBaillie Gifford
Will Rippling IPO?
Founded
2016
Mar 2017
Seed
May 2025
Series G · $16.8B
IPO
Not announced
No filing has been made.
Rippling — the private market
Last valuation$16.8B · post-money · May 2025
Total raised$3.4B
Lead investors
Kleiner PerkinsFounders FundSequoia CapitalBedrock
IPO statusNot announced
Founded · HQ2016 · San Francisco, California · United States
Employees≈ 5,000
Next price updatethe next funding round or secondary sale
Between roundsno daily price and no order book
About Rippling

Rippling is a privately owned international software company that Parker Conrad and Prasanna Sankar co-founded in 2016 in San Francisco, launching publicly in 2017. It operates a cloud-based platform that lets businesses manage HR, payroll, finances, and IT from one system, with AI features that automate administrative tasks and provide data and analysis.

By 2024, Rippling had grown to 2,800 employees with offices in California, Ireland, the UK, India, and Australia. In March 2025 it sued competitor Deel in Ireland, alleging corporate espionage, in a case Fortune called a major scandal rocking the HR world.

The money screen · ranked by accessibility

How to get Rippling exposure today

1Funds that hold private namesPublic wrappers

Listed funds carry late-stage private names. A fund's latest schedule of investments shows whether it holds Rippling.

Often trade at a premium or discount to NAV.

Any brokerage account
2Secondary marketplacesPrivate shares

Platforms match existing holders with buyers. Rippling availability at any moment is set by the holders.

High minimums, transfer approval, company right-of-first-refusal.

Accredited only
3Follow the companyCompanies directory

Valuations, rounds and IPO status for every company in the directory — Rippling included.

No account needed

Rippling stock — frequently asked questions

How can I get exposure to Rippling?›

The routes section explains what is realistically available for a company at this stage.

Is Rippling publicly traded?›

No. Rippling is a private company; its shares do not trade on a public exchange.

What is Rippling's valuation?›

The last valuation is $16.8B (post-money, May 2025).

Who has invested in Rippling?›

Lead investors for each round are in the funding timeline.

Who are Rippling's competitors?›

The closest hr technology (hr, it and finance management platform) peers are on the competitors page.

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