Rippling Stock

rippling.comEnterprise SoftwareFunding to Date: $740.46MM

Rippling is a provider of IT and HR solutions, designed to enable companies 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.

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Enterprise Value (based on primary financings)

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Team

Management Team

Parker Conrad
Co-Founder & Chief Executive Officer
Prasanna Sankar
Co-Founder & Chief Technology Officer

Board Members

Mamoon Hamid
Kleiner Perkins

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News

Parker Conrad is fully back. Less than seven months after his HR startup reached a $6.5B valuation in October, the San Francisco-based firm upped that figure by more than 70% to $11.25B. The new lofty valuation comes as the firm raised another $250M, bringing its total investment to $700M.
CEO Parker Conrad largely credits Rippling’s “compound” model, wherein instead of focusing narrowly on one smaller software sector, it has, from its outset, focused on growing numerous business lines simultaneously that share components and can be easily integrated.
Rippling shares the metrics they used to convince investors led by Founders Fund which led a $145 million Series B round.