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INTERNET | Internet Software & Services / HR & Workforce Management

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Founded Year



Series B | Alive

Total Raised




Last Raised

$145M | 1 yr ago



Mosaic Score

+20 points in the past 30 days

What is a Mosaic Score?
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

About Rippling

Rippling helps businesses manage and automate all their employee systems, in one place. The company offers a unified system to onboard employees in 90 seconds and manage payroll, benefits, devices, and over 500 apps.

Rippling Headquarter Location

55 2nd St. 15th Floor

San Francisco, California, 94105,

United States

Latest Rippling News

Employee management software startup Rippling raises $145M on unicorn valuation

Aug 5, 2020

Employee management software startup Rippling raises $145M on unicorn valuation SHARE Employee management software startup Rippling (People Center Inc.) has raised $145 million in new funding on a valuation of $1.35 billion, giving it unicorn status for the first time. The new funding will be used to shore up the company’s cash position as a safeguard against the COVID-19 pandemic as well as to continue in-house product development. The Series B round was led by Founder Fund and included Greenoaks Capital, Coatue Management, Bedrock Capital, Kleiner Perkins, Initialized Capital and Y Combinator. Under the terms of the deal, Founders Fund partner Napoleon Ta will join Rippling’s board of directors. Co-founded in 2016 by former Zenefits Inc. Chief Executive Officer Parker Conrad, Rippling offers cloud-based human resources management software that manages employee payroll, benefits, devices and apps. Designed to eliminate the administrative work of running a company, the software is focused on automation with the ability to set up or disable an employee’s payroll, health insurance, work computer and third-party apps such as Gmail, Microsoft Office and Slack in 90-seconds. “We know there’s never been a more difficult time to run a business,” Conrad said in a blog post . “Overnight, companies have had to adapt to a fully-remote world. How do you send a fully-configured laptop to a new employee 100 miles away? How do you set up their access to all the apps and tools they need, from Slack groups to Gmail lists? How do you easily create, share and sign all their HR paperwork?… it’s an unprecedented problem that Rippling is uniquely capable of solving.” In an interview with TechCrunch, Conrad noted that “this fundraising was opportunistic amid the larger macroeconomic risk at the moment. I was working at startups in 2008-2009 and the funding markets are strong right now, all things considered and so we wanted to make sure we had the stockpile we needed in case things went bad.” This is the second time Conrad has taken a startup into unicorn territory be it his time at Zenefits was mired in controversy. Conrad was forced to resign as CEO in February 2016 amid allegations that the company had intentionally overestimated sales projections and was flouting laws by failing to obtain broker licenses for some employees. Some entrepreneurs and others questioned investors’ willingness to back him again when Rippling was announced in 2017 but some three years later Conrad’s second-coming is thriving with investor support to match. Including the new funding, Rippling has raised $197 million to date. Image: Rippling Since you’re here … Show your support for our mission with our one-click subscription to our YouTube channel (below). The more subscribers we have, the more YouTube will suggest relevant enterprise and emerging technology content to you. Thanks! Support our mission:    >>>>>>  SUBSCRIBE NOW >>>>>>   to our YouTube channel. … We’d also like to tell you about our mission and how you can help us fulfill it. SiliconANGLE Media Inc.’s business model is based on the intrinsic value of the content, not advertising. Unlike many online publications, we don’t have a paywall or run banner advertising, because we want to keep our journalism open, without influence or the need to chase traffic.The journalism, reporting and commentary on  SiliconANGLE  — along with live, unscripted video from our Silicon Valley studio and globe-trotting video teams at  theCUBE  — take a lot of hard work, time and money. Keeping the quality high requires the support of sponsors who are aligned with our vision of ad-free journalism content. If you like the reporting, video interviews and other ad-free content here, please take a moment to check out a sample of the video content supported by our sponsors,  tweet your support , and keep coming back to  SiliconANGLE . LATEST STORIES I am interested in

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Research containing Rippling

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CB Insights Intelligence Analysts have mentioned Rippling in 2 CB Insights research briefs, most recently on Aug 20, 2020.

Expert Collections containing Rippling

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Rippling is included in 6 Expert Collections, including HR Tech.


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Tech IPO Pipeline 2020

282 items

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