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Rippling Stock $48.48

Forge Price ¹ updated October 25, 2024

rippling.comEnterprise Software / Human ResourcesFounded: 2016Funding to Date: $956.34MM

Rippling is an all in one platform for HR, IT, payroll, and spend management, designed to enable companies with less than 10,000 employees to quickly onboard a new employee and set up their payroll, health insurance, work computer, and third-party apps like Gmail, Microsoft Office, and Slack. This company was founded in 2016 by Parker Conrad and Prasanna Sankar and is headquartered in San Francisco, CA. By connecting every workforce system to a single source of truth for employee data, the company aims to help businesses automate all of the manual work they normally need to do to make employee changes.

Buy and sell Rippling stockLearn more about Rippling IPO

Private Market Pricing DetailsValuation & Financings

Rippling Stock Price

MAX

Forge Price ¹

Date

10/25/2024

Price per Share

$48.48

Last Closed Trade ²

Close Date

xx/xx/xx

Last Closed Trade Price

$xx.xx

Last Funding Round (LFR)

Date

xx/xx/xx

Price per Share

$xx.xx

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Rippling Funding Rounds and Valuation

Funding History Chart

Funding Round Details

	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, Founders Fund, Greenoaks, Dragoneer
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 N/A Key Investors Coatue, Founders Fund, Greenoaks, Dragoneer
	03/17/2023	Series D	$265.88MM	$xx.xx	$11.25B	Bedrock Capital, Kleiner Perkins, Y Combinator, Sequoia Capital
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 N/A Key Investors Bedrock Capital, Kleiner Perkins, Y Combinator, Sequoia Capital
	10/21/2021	Series C	$278.99MM	$xx.xx	$6.52B	Sequoia Capital, Greenoaks Capital, Kleiner Perkins, Founders Fund, Initialized Capital, Y Combinator, Threshold Ventures
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 N/A Key Investors Sequoia Capital, Greenoaks Capital, Kleiner Perkins, Founders Fund, Initialized Capital, Y Combinator, Threshold Ventures
	08/04/2020	Series B-2	$45.23MM	$xx.xx	$1.4B	Greenoaks Capital, Coatue Management, Bedrock Capital, Kleiner Perkins, Initialized Capital, 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 N/A Key Investors Greenoaks Capital, Coatue Management, Bedrock Capital, Kleiner Perkins, Initialized Capital, Y Combinator
	08/04/2020	Series B-1	$49,999	$xx.xx	$1.4B	Greenoaks Capital, Coatue Management, Bedrock Capital, Kleiner Perkins, Initialized Capital, 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 N/A Key Investors Greenoaks Capital, Coatue Management, Bedrock Capital, Kleiner Perkins, Initialized Capital, Y Combinator
	08/04/2020	Series B	$105MM	$xx.xx	$1.4B	Greenoaks Capital, Coatue Management, Bedrock Capital, Kleiner Perkins, Initialized Capital, 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 N/A Key Investors Greenoaks Capital, Coatue Management, Bedrock Capital, Kleiner Perkins, Initialized Capital, Y Combinator
	04/03/2019	Series A	$45MM	$xx.xx	$318.83MM	Kleiner Perkins, Initialized Capital, 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 N/A Key Investors Kleiner Perkins, Initialized Capital, Threshold Ventures, Y Combinator
	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 N/A 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 N/A Key Investors Undisclosed Investors
	03/14/2017	Series A-2	$100,003	$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 N/A Key Investors Undisclosed Investors
	03/14/2017	Series A-1	$549,999	$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 N/A Key Investors Undisclosed Investors

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Leadership & Board

Leadership

Parker Conrad

Co-Founder & Chief Executive Officer

Adam Swiecicki

Chief Financial Officer

Matt MacInnis

Chief Operating Officer

Matthew Epstein

Chief Marketing Officer

Albert Strasheim

Chief Technology Officer

Matt Plank

Chief Revenue Officer

Board

Napoleon Ta

Founders Fund

Mamoon Hamid

Kleiner Perkins

Rippling stock FAQs

Can you buy Rippling stock?

As Rippling is not publicly traded, purchasing its stock is not available to everyone. To buy the stock of a private companies like Rippling, you must be an accredited investor. If you meet the accreditation criteria, you can register for Forge’s Secondary Marketplace to buy private market stock. If you are not accredited, find out how to begin the process and qualify for new investment opportunities.

How to buy Rippling stock?

To invest in a private company like Rippling through Forge, you must first qualify as an accredited investor. (Learn more about the accreditation process.)

Create a free account to access Forge’s marketplace.
Express your interest in specific investments. Within Forge Markets, you will find detailed pricing and financing information for thousands of private companies.
Throughout this process, a dedicated Forge Private Market Specialist will be available to address any questions you may have and to guide you seamlessly through each step of the transaction.

Can you sell Rippling stock?

Yes, you may sell the Rippling stock you currently own. Forge can help you facilitate the sale of your stock in a manner that aligns with your needs and the company’s interests. If you are looking for liquidity, register with us today to begin the process. A dedicated Forge Private Market Specialist will be available to address any questions you may have along the way.

How to sell Rippling stock?

If you hold private company shares of Rippling – whether as an employee or an early investor – Forge can help you sell them.

Create a free Forge account, this will give you access to Forge’s marketplace and to one of our experienced Private Market Specialist to answer any questions you might have.
Indicate your interest to sell your Rippling on our platform.
Work with your dedicated Private Market Specialist who’ll help guide you through every step of the transaction.

Is Rippling a public company?

No, Rippling is a privately held company and is currently not publicly traded on any stock markets including NYSE or NASDAQ.

What is Rippling’s stock price?

Rippling is a private company, meaning it does’t have a publicly traded stock price. However, as of 10/25/2024 the Rippling Forge Price is $48.48 per share. The Forge Price is a derived price calculated for private companies like Rippling to provide insights into their current valuation. Learn more about Forge Price.

What is Rippling’s stock ticker symbol?

Rippling does not have an official ticker symbol because this company is not currently publicly traded.

Can institutional investors buy and sell private market stocks?

Yes. As one of the largest trading platform for the private market, Forge helps institutional investors seek liquidity as they buy and sell private stock for their portfolios or their clients. Our private market specialists have decades of experience working with institutional firms. Learn more or register today to get started.

Rippling’s news and media highlights

Blog

Startup News: Shares of HR firm Rippling gain value as its business expands

September 16, 2024

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.

Blog

Startup News: Rippling raises $500M, helps its customers with payroll operations

March 28, 2023

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.

Silicon Republic 04/23/2024

Rippling raises $200m at $13.5bn valuation to boost platform

Rippling, a US-founded company that makes software for employee management, has raised $200m in a funding round that valued the company at $13.5bn. The Series F funding round was led by Coatue, an investment firm that claims to have more than 200 tech companies included in its active private portfolio. The funding round also included existing investors such as Founders Fund and Greenoaks, while Dragoneer joined the round as a new investor. Rippling said it has also signed agreements with investors to repurchase up to $590m of equity from current employees, former employees and early investors.

PYMNTS.com 04/22/2024

Rippling Raises $200M for Workforce Management Platform

Workforce management platform Rippling has raised $200 million in new financing in a Series F round that values the company at $13.5 billion. Rippling has also signed agreements with investors to repurchase up to $590 million in equity from current and former employees and early investors, Rippling CEO Parker Conrad wrote in a Monday (April 22) blog post. The company’s platform brings together human resources (HR), information technology (IT), finance and more to create a single source of truth for employee data, according to its website. It is integrated with more than 500 apps and helps businesses execute more efficiently.

PR NEWSWIRE 05/16/2023

Net at Work Announces New Partnership with Rippling

Net at Work, a leading provider of next-generation technologies for small-to-medium-sized businesses, today announced a new partnership with Rippling, the leading unified workforce platform, becoming the first member of Rippling's reseller program. Rippling provides a best-in-class HR, IT, and Finance platform to help organizations efficiently manage global workforces, bringing together all of the workforce systems that are normally scattered across a company, like payroll, expenses, benefits, and computers.

TECH CRUNCH 03/22/2023

When the tech IPO market reopens, keep an eye on HR unicorns

The back half of 2023 is expected to unlock the technology IPO market. Whether the public-offering window opens later this year or early in 2024, TechCrunch+ expects to see a few familiar names in the mix from the HR tech space. And perhaps some less familiar names. Regular TechCrunch readers are likely familiar with HR-tech unicorns like Rippling, Gusto and Deel, late-stage startups with valuations around or above the $10 billion mark. Velocity Global is another name to include in the startup cluster. Worth a few billion dollars, its recent growth and profitability mean that when we consider potential exits in the HR technology market, it should be on the list.

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Updated on: Oct 27, 2024

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