| Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
|---|---|---|---|---|---|---|
| 04/22/2024 | Series F | $200MM | $xx.xx | $13.5B | Coatue, Dragoneer, Founders Fund, Greenoaks | |
|
Price per Share
$xx.xx
Shares Outstanding
4,545,453
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Coatue, Dragoneer, Founders Fund, Greenoaks
|
||||||
| 03/17/2023 | Series D | $265.88MM | $xx.xx | $11.25B | Bedrock Capital, Kleiner Perkins, Sequoia Capital, Y Combinator | |
|
Price per Share
$xx.xx
Shares Outstanding
6,312,835
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Bedrock Capital, Kleiner Perkins, Sequoia Capital, Y Combinator
|
||||||
| 10/21/2021 | Series C | $278.99MM | $xx.xx | $6.52B | Founders Fund, Greenoaks Capital, Initialized Capital, Kleiner Perkins, Sequoia Capital, Threshold Ventures, Y Combinator | |
|
Price per Share
$xx.xx
Shares Outstanding
10,942,818
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Founders Fund, Greenoaks Capital, Initialized Capital, Kleiner Perkins, Sequoia Capital, Threshold Ventures, Y Combinator
|
||||||
| 08/04/2020 | Series B-1 | $49,999.77 | $xx.xx | $1.4B | Bedrock Capital, Coatue Management, Greenoaks Capital, Initialized Capital, Kleiner Perkins, Y Combinator | |
|
Price per Share
$xx.xx
Shares Outstanding
37,291
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Bedrock Capital, Coatue Management, Greenoaks Capital, Initialized Capital, Kleiner Perkins, Y Combinator
|
||||||
| 08/04/2020 | Series B-2 | $45.23MM | $xx.xx | $1.4B | Bedrock Capital, Coatue Management, Greenoaks Capital, Initialized Capital, Kleiner Perkins, Y Combinator | |
|
Price per Share
$xx.xx
Shares Outstanding
9,541,817
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Bedrock Capital, Coatue Management, Greenoaks Capital, Initialized Capital, Kleiner Perkins, Y Combinator
|
||||||
| 08/04/2020 | Series B | $105MM | $xx.xx | $1.4B | Bedrock Capital, Coatue Management, Greenoaks Capital, Initialized Capital, Kleiner Perkins, Y Combinator | |
|
Price per Share
$xx.xx
Shares Outstanding
17,719,724
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Bedrock Capital, Coatue Management, Greenoaks Capital, Initialized Capital, Kleiner Perkins, Y Combinator
|
||||||
| 04/03/2019 | Series A | $45MM | $xx.xx | $318.83MM | Initialized Capital, Kleiner Perkins, Threshold Ventures, Y Combinator | |
|
Price per Share
$xx.xx
Shares Outstanding
30,690,090
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Initialized Capital, Kleiner Perkins, Threshold Ventures, Y Combinator
|
||||||
| 03/14/2017 | Series A-1 | $549,999.37 | $xx.xx | $181.4MM | Undisclosed Investors | |
|
Price per Share
$xx.xx
Shares Outstanding
6,511,180
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
|
||||||
| 03/14/2017 | Series A-2 | $100,003.84 | $xx.xx | $181.4MM | Undisclosed Investors | |
|
Price per Share
$xx.xx
Shares Outstanding
1,136,020
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
|
||||||
| 03/14/2017 | Series A-3 | $7.48MM | $xx.xx | $181.4MM | Undisclosed Investors | |
|
Price per Share
$xx.xx
Shares Outstanding
31,878,600
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
|
||||||
| 03/14/2017 | Series A-4 | $8.05MM | $xx.xx | $181.4MM | Undisclosed Investors | |
|
Price per Share
$xx.xx
Shares Outstanding
6,866,840
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
|
||||||
Rippling, a Private Market Magnificent 7 company, is a software startup that has been gaining investor interest through its product offering and expansion. San Francisco-based Rippling’s Forge Price™ was $50 as of August 26, 2024, which implies a company valuation of $15.34 billion, a 70% increase since the beginning of the year.
With the collapse of Silicon Valley Bank on March 10, one private company, payment and HR software provider Rippling, ended up helping many Bay Area startups that were depositors at the failed bank. And it did so with help from one of its investment backers.
| Last Funding Round | ||||||||
|---|---|---|---|---|---|---|---|---|
| Company | Forge Price | Forge Price Change 5 | Last Closed Trade | Share Class | Post-Money Valuation | Price per Share | Amount Raised | |
 | Checkr | -- | -- | $xx.xx | Series E-1 | $5.75B | $xx.xx | $120MM |
 | Deel | -- | -- | $xx.xx | Series D-3 | $11.99B | $xx.xx | $50MM |
 | Eightfold.ai | -- | -- | $xx.xx | Series E | $2.08B | $xx.xx | $221.81MM |
 | Gusto | $15.50 | +1.51% | $xx.xx | Series E | $9.68B | $xx.xx | $364.64MM |
 | HiBob | -- | -- | $xx.xx | -- | -- | -- | -- |
 | Karat | -- | -- | $xx.xx | Series C | $1.1B | $xx.xx | $115.83MM |
 | Lattice | -- | -- | $xx.xx | Series F | $3B | $xx.xx | $175MM |
 | Mercor | -- | -- | $xx.xx | Series B | $1.95B | $xx.xx | $100MM |
 | Swing Education | -- | -- | $xx.xx | -- | -- | -- | -- |
 | Twingate | -- | -- | $xx.xx | Series B | $397.83MM | $xx.xx | $42MM |
Updated on: Jan 20, 2025
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