Rippling valuation, funding and investors

Rippling works in workforce management platform licensing, based in San Francisco, United States. Founded in 2016, it has about 7,820 employees.

Tech Companies San Francisco Series G

VALUATION · TODAY

$23.39B +0% after Series G

Range $15.54B – $26.91B · Grade A

TODAY

+12 MO

$10.00B

$20.00B

$30.00B

2017

2018

2019

2020

2021

2022

2023

2024

2025

2026

2027

Series A $45.0M

Series B $145M

Series C $279M

Series D $250M

Series E $500M

Series F $200M

Series G $450M

ValuationBefore first round12-month outlook: where it points, how wide it fansHover the past: the outlook shows what was predicted then

HEADCOUNT · TODAY7,815 employees

+21%6m growth

+25%1y growth

+130%2y growth

5,000

10k

Data from Jan 2021

TODAY

Predicted in 1 yr $23.39B +0% vs today

Predicted next raise $2.57B if a round comes

Winding-down probability 0%

Last round: Series G · $450M · May 2025
Valuation at last round: $16.80B
Headcount: 7,815 · growing
Grade: A
Founded: 2016

How VCMC values companies →

Rippling valuation today

VCMC values Rippling at $23.4B today, with a range of $15.5B to $26.9B and a grade of A. The valuation starts from its last funding round, a Series G round in May 2025.

Valuation by date (138 rows)

Each point is what the model would have shown on that date, using only what was known then; before its first round, a company is valued as a startup because it later raised.

Rippling: valuation by date, as the model would have shown it on each date
Date	Valuation	Range	Predicted in 1 yr	Phase	Headcount	Trend	Grade	Winding-down probability
1 Jan 2016	$5.41M	$1.97M – $14.9M	$6.49M (+20%)	before first round	–	unknown	D	0%
1 Feb 2016	$5.44M	$1.98M – $14.9M	$6.67M (+23%)	before first round	–	unknown	D	0%
1 Mar 2016	$5.46M	$1.99M – $15.0M	$6.84M (+25%)	before first round	–	unknown	D	0%
1 Apr 2016	$5.48M	$1.99M – $15.0M	$7.02M (+28%)	before first round	–	unknown	D	0%
1 May 2016	$5.50M	$2.00M – $15.1M	$7.21M (+31%)	before first round	–	unknown	D	0%
1 Jun 2016	$5.52M	$2.01M – $15.2M	$7.40M (+34%)	before first round	–	unknown	D	0%
1 Jul 2016	$5.54M	$2.02M – $15.2M	$7.60M (+37%)	before first round	–	unknown	D	0%
1 Aug 2016	$5.69M	$2.07M – $15.6M	$7.80M (+37%)	before first round	–	unknown	D	0%
1 Sep 2016	$5.84M	$2.13M – $16.1M	$8.01M (+37%)	before first round	–	unknown	D	0%
1 Oct 2016	$6.00M	$2.18M – $16.5M	$8.22M (+37%)	before first round	–	unknown	D	0%
1 Nov 2016	$6.16M	$2.24M – $16.9M	$8.45M (+37%)	before first round	–	unknown	D	0%
1 Dec 2016	$6.32M	$2.30M – $17.4M	$8.67M (+37%)	before first round	–	unknown	D	0%
1 Jan 2017	$6.49M	$2.36M – $17.8M	$8.90M (+37%)	before first round	–	unknown	D	0%
1 Feb 2017	$6.67M	$2.43M – $18.3M	$9.14M (+37%)	before first round	–	unknown	D	0%
1 Mar 2017	$6.83M	$2.49M – $18.8M	$9.36M (+37%)	before first round	–	unknown	D	0%
1 Apr 2017	$7.01M	$2.55M – $19.3M	$9.62M (+37%)	before first round	–	unknown	D	0%
1 May 2017	$7.20M	$2.62M – $19.8M	$9.87M (+37%)	before first round	–	unknown	D	0%
1 Jun 2017	$7.39M	$2.69M – $20.3M	$10.1M (+37%)	before first round	–	unknown	D	0%
1 Jul 2017	$7.59M	$2.76M – $20.8M	$10.4M (+37%)	before first round	–	unknown	D	0%
1 Aug 2017	$7.79M	$2.84M – $21.4M	$10.7M (+37%)	before first round	–	unknown	D	0%
1 Sep 2017	$8.01M	$2.91M – $22.0M	$11.0M (+37%)	before first round	–	unknown	D	0%
1 Oct 2017	$8.22M	$2.99M – $22.6M	$11.3M (+37%)	before first round	–	unknown	D	0%
1 Nov 2017	$8.44M	$3.07M – $23.2M	$11.6M (+37%)	before first round	–	unknown	D	0%
1 Dec 2017	$8.66M	$3.15M – $23.8M	$11.9M (+37%)	before first round	–	unknown	D	0%
1 Jan 2018	$8.90M	$3.24M – $24.4M	$12.2M (+37%)	before first round	–	unknown	D	0%
1 Feb 2018	$9.14M	$3.33M – $25.1M	$12.5M (+37%)	before first round	–	unknown	D	0%
1 Mar 2018	$9.36M	$3.41M – $25.7M	$12.8M (+37%)	before first round	–	unknown	D	0%
1 Apr 2018	$9.62M	$3.50M – $26.4M	$13.2M (+37%)	before first round	–	unknown	D	0%
1 May 2018	$9.87M	$3.59M – $27.1M	$13.5M (+37%)	before first round	–	unknown	D	0%
1 Jun 2018	$10.1M	$3.69M – $27.8M	$13.9M (+37%)	before first round	–	unknown	D	0%
1 Jul 2018	$10.4M	$3.79M – $28.6M	$14.3M (+37%)	before first round	–	unknown	D	0%
1 Aug 2018	$10.7M	$3.89M – $29.4M	$14.4M (+35%)	before first round	–	unknown	D	0%
1 Sep 2018	$11.0M	$4.00M – $30.2M	$14.5M (+32%)	before first round	–	unknown	D	0%
1 Oct 2018	$11.3M	$4.10M – $30.9M	$14.7M (+30%)	before first round	–	unknown	D	0%
1 Nov 2018	$11.6M	$4.21M – $31.8M	$14.8M (+28%)	before first round	–	unknown	D	0%
1 Dec 2018	$11.9M	$4.32M – $32.6M	$14.9M (+26%)	before first round	–	unknown	D	0%
1 Jan 2019	$12.2M	$4.44M – $33.5M	$15.1M (+24%)	before first round	–	unknown	D	0%
1 Feb 2019	$12.5M	$4.56M – $34.4M	$15.2M (+21%)	before first round	–	unknown	D	0%
1 Mar 2019	$12.8M	$4.67M – $35.3M	$15.3M (+19%)	before first round	–	unknown	D	0%
1 Apr 2019	$13.2M	$4.80M – $36.2M	$15.5M (+17%)	before first round	–	unknown	D	0%
4 Apr 2019	$270M	$235M – $559M	$486M (+80%)	after a round	–	unknown	B	0%
1 May 2019	$282M	$235M – $559M	$486M (+72%)	after a round	–	unknown	B	0%
1 Jun 2019	$297M	$235M – $559M	$486M (+64%)	after a round	–	unknown	B	0%
1 Jul 2019	$312M	$235M – $559M	$486M (+56%)	after a round	–	unknown	B	0%
1 Aug 2019	$328M	$235M – $559M	$486M (+48%)	after a round	–	unknown	B	0%
1 Sep 2019	$344M	$235M – $559M	$486M (+41%)	after a round	–	unknown	B	0%
1 Oct 2019	$361M	$235M – $559M	$486M (+35%)	after a round	–	unknown	B	0%
1 Nov 2019	$380M	$235M – $559M	$486M (+28%)	after a round	–	unknown	B	0%
1 Dec 2019	$399M	$235M – $559M	$486M (+22%)	after a round	–	unknown	B	0%
1 Jan 2020	$419M	$235M – $559M	$486M (+16%)	after a round	–	unknown	B	0%
1 Feb 2020	$440M	$235M – $559M	$486M (+10%)	after a round	–	unknown	B	0%
1 Mar 2020	$461M	$235M – $559M	$486M (+5%)	after a round	–	unknown	B	0%
1 Apr 2020	$485M	$235M – $559M	$486M (0%)	after a round	–	unknown	B	0%
1 May 2020	$486M	$224M – $559M	$486M (0%)	after a round	–	unknown	B	0%
1 Jun 2020	$486M	$213M – $559M	$486M (0%)	after a round	–	unknown	B	0%
1 Jul 2020	$486M	$203M – $559M	$486M (0%)	after a round	–	unknown	B	0%
1 Aug 2020	$486M	$192M – $559M	$486M (0%)	after a round	–	unknown	B	0%
5 Aug 2020	$1.4B	$1.2B – $2.3B	$2.0B (+50%)	after a round	–	unknown	B	0%
1 Sep 2020	$1.4B	$1.2B – $2.3B	$2.0B (+45%)	after a round	–	unknown	B	0%
1 Oct 2020	$1.4B	$1.2B – $2.3B	$2.0B (+41%)	after a round	–	unknown	B	0%
1 Nov 2020	$1.5B	$1.2B – $2.3B	$2.0B (+36%)	after a round	–	unknown	B	0%
1 Dec 2020	$1.5B	$1.2B – $2.3B	$2.0B (+31%)	after a round	–	unknown	B	0%
1 Jan 2021	$1.6B	$1.2B – $2.3B	$2.0B (+27%)	after a round	280	unknown	B	0%
1 Feb 2021	$1.7B	$1.2B – $2.3B	$2.0B (+23%)	after a round	280	unknown	B	0%
1 Mar 2021	$1.7B	$1.2B – $2.3B	$2.0B (+19%)	after a round	280	unknown	B	0%
1 Apr 2021	$1.8B	$1.2B – $2.3B	$2.0B (+15%)	after a round	280	flat	B	0%
1 May 2021	$1.8B	$1.2B – $2.3B	$2.0B (+11%)	after a round	280	flat	B	0%
1 Jun 2021	$1.9B	$1.2B – $2.3B	$2.0B (+7%)	after a round	280	flat	B	0%
1 Jul 2021	$1.9B	$1.2B – $2.3B	$2.0B (+4%)	after a round	280	flat	B	0%
1 Aug 2021	$2.0B	$1.2B – $2.3B	$2.0B (0%)	after a round	280	flat	B	0%
1 Sep 2021	$2.0B	$1.1B – $2.3B	$2.0B (0%)	after a round	280	flat	B	0%
1 Oct 2021	$2.0B	$1.1B – $2.3B	$2.0B (0%)	after a round	280	flat	B	0%
22 Oct 2021	$6.5B	$5.7B – $9.7B	$8.5B (+30%)	after a round	280	flat	A	0%
1 Nov 2021	$6.6B	$5.7B – $9.7B	$8.5B (+29%)	after a round	280	flat	A	0%
1 Dec 2021	$6.7B	$5.7B – $9.7B	$8.5B (+26%)	after a round	280	flat	A	0%
1 Jan 2022	$6.9B	$5.7B – $9.7B	$8.5B (+23%)	after a round	280	flat	A	0%
1 Feb 2022	$7.0B	$5.7B – $9.7B	$8.5B (+21%)	after a round	280	flat	A	0%
1 Mar 2022	$7.2B	$5.7B – $9.7B	$8.5B (+18%)	after a round	280	flat	A	0%
1 Apr 2022	$7.3B	$5.7B – $9.7B	$8.5B (+16%)	after a round	1,100	growing	A	0%
1 May 2022	$7.5B	$5.7B – $9.7B	$8.5B (+13%)	after a round	1,100	growing	A	0%
12 May 2022	$11.3B	$9.8B – $16.8B	$14.6B (+30%)	after a round	1,100	growing	A	0%
1 Jun 2022	$11.4B	$9.8B – $16.8B	$14.6B (+28%)	after a round	1,100	growing	A	0%
1 Jul 2022	$11.7B	$9.8B – $16.8B	$14.6B (+25%)	after a round	1,100	growing	A	0%
1 Aug 2022	$11.9B	$9.8B – $16.8B	$14.6B (+23%)	after a round	1,100	growing	A	0%
1 Sep 2022	$12.2B	$9.8B – $16.8B	$14.6B (+20%)	after a round	1,100	growing	A	0%
1 Oct 2022	$12.5B	$9.8B – $16.8B	$14.6B (+17%)	after a round	1,100	growing	A	0%
1 Nov 2022	$12.7B	$9.8B – $16.8B	$14.6B (+15%)	after a round	1,100	unknown	A	0%
1 Dec 2022	$13.0B	$9.8B – $16.8B	$14.6B (+12%)	after a round	1,100	unknown	A	0%
1 Jan 2023	$14.3B	$9.8B – $18.7B	$16.3B (+14%)	after a round	1,800	growing	B	0%
1 Feb 2023	$14.7B	$9.8B – $18.7B	$16.3B (+11%)	after a round	1,800	growing	B	0%
1 Mar 2023	$15.2B	$9.8B – $18.7B	$16.3B (+7%)	after a round	1,800	growing	B	0%
22 Mar 2023	$11.3B	$9.8B – $16.8B	$14.6B (+30%)	after a round	1,800	growing	A	0%
1 Apr 2023	$11.3B	$9.8B – $16.8B	$14.6B (+29%)	after a round	1,800	growing	A	0%
1 May 2023	$11.6B	$9.8B – $16.8B	$14.6B (+26%)	after a round	1,800	growing	A	0%
1 Jun 2023	$11.8B	$9.8B – $16.8B	$14.6B (+23%)	after a round	1,800	growing	A	0%
1 Jul 2023	$12.1B	$9.8B – $16.8B	$14.6B (+21%)	after a round	1,800	growing	A	0%
1 Aug 2023	$12.4B	$9.8B – $16.8B	$14.6B (+18%)	after a round	1,800	growing	A	0%
1 Sep 2023	$12.7B	$9.8B – $16.8B	$14.6B (+16%)	after a round	1,800	growing	A	0%
1 Oct 2023	$13.4B	$9.8B – $17.9B	$15.6B (+16%)	after a round	2,400	growing	B	0%
1 Nov 2023	$13.7B	$9.8B – $17.9B	$15.6B (+13%)	after a round	2,400	up	B	0%
1 Dec 2023	$14.1B	$9.8B – $17.9B	$15.6B (+10%)	after a round	2,400	up	B	0%
1 Jan 2024	$14.5B	$9.8B – $17.9B	$15.6B (+7%)	after a round	2,400	up	B	0%
1 Feb 2024	$14.9B	$9.8B – $17.9B	$15.6B (+4%)	after a round	2,400	up	B	0%
1 Mar 2024	$16.0B	$9.8B – $18.8B	$16.4B (+2%)	after a round	3,000	growing	B	0%
1 Apr 2024	$16.4B	$9.8B – $18.8B	$16.4B (0%)	after a round	3,000	growing	B	0%
23 Apr 2024	$13.5B	$11.7B – $20.2B	$17.5B (+30%)	after a round	3,000	growing	A	0%
1 May 2024	$13.6B	$11.7B – $20.2B	$17.5B (+29%)	after a round	3,000	growing	A	0%
1 Jun 2024	$13.9B	$11.7B – $20.2B	$17.5B (+26%)	after a round	3,000	growing	A	0%
1 Jul 2024	$14.2B	$11.7B – $20.2B	$17.5B (+24%)	after a round	3,000	growing	A	0%
1 Aug 2024	$14.6B	$11.7B – $20.8B	$18.0B (+23%)	after a round	3,400	growing	A	0%
1 Sep 2024	$15.0B	$11.7B – $20.8B	$18.0B (+20%)	after a round	3,400	growing	A	0%
1 Oct 2024	$15.4B	$11.7B – $20.8B	$18.0B (+18%)	after a round	3,400	growing	A	0%
1 Nov 2024	$15.9B	$11.7B – $21.1B	$18.4B (+16%)	after a round	3,700	growing	A	0%
1 Dec 2024	$16.3B	$11.7B – $21.1B	$18.4B (+13%)	after a round	3,700	growing	A	0%
1 Jan 2025	$16.7B	$11.7B – $21.1B	$18.4B (+10%)	after a round	3,700	growing	A	0%
1 Feb 2025	$17.2B	$11.7B – $21.1B	$18.4B (+7%)	after a round	3,700	growing	A	0%
1 Mar 2025	$17.6B	$11.7B – $21.1B	$18.4B (+5%)	after a round	3,700	growing	A	0%
1 Apr 2025	$18.1B	$11.7B – $21.1B	$18.4B (+2%)	after a round	3,700	growing	A	0%
1 May 2025	$18.4B	$11.7B – $21.1B	$18.4B (0%)	after a round	3,700	up	A	0%
10 May 2025	$16.8B	$14.6B – $25.1B	$21.8B (+30%)	after a round	3,700	up	A	0%
1 Jun 2025	$17.1B	$14.6B – $25.1B	$21.8B (+28%)	after a round	3,700	up	A	0%
1 Jul 2025	$17.5B	$14.6B – $25.1B	$21.8B (+25%)	after a round	5,719	growing	A	0%
1 Aug 2025	$17.9B	$14.6B – $25.4B	$22.0B (+23%)	after a round	5,962	growing	A	0%
1 Sep 2025	$18.3B	$14.6B – $25.4B	$22.0B (+20%)	after a round	5,962	growing	A	0%
1 Oct 2025	$18.8B	$14.6B – $25.6B	$22.3B (+19%)	after a round	6,266	growing	A	0%
1 Nov 2025	$19.3B	$14.6B – $25.8B	$22.4B (+16%)	after a round	6,458	growing	A	0%
1 Dec 2025	$19.8B	$14.6B – $25.8B	$22.4B (+13%)	after a round	6,458	growing	A	0%
1 Jan 2026	$20.3B	$14.6B – $25.8B	$22.4B (+11%)	after a round	6,458	growing	A	0%
1 Feb 2026	$20.8B	$14.6B – $25.8B	$22.4B (+8%)	after a round	6,458	growing	A	0%
1 Mar 2026	$21.2B	$14.6B – $25.8B	$22.4B (+6%)	after a round	6,458	growing	A	0%
1 Apr 2026	$21.8B	$14.6B – $25.8B	$22.4B (+3%)	after a round	6,458	growing	A	0%
1 May 2026	$23.0B	$14.6B – $26.7B	$23.2B (+1%)	after a round	7,529	growing	B	0%
1 Jun 2026	$23.2B	$14.5B – $26.7B	$23.2B (0%)	after a round	7,529	up	B	0%
1 Jul 2026	$23.2B	$14.5B – $26.7B	$23.2B (0%)	after a round	7,529	up	B	0%
1 Aug 2026	$23.3B	$15.1B – $26.8B	$23.3B (0%)	after a round	7,736	growing	A	0%
1 Sep 2026	$23.3B	$15.2B – $26.8B	$23.3B (0%)	after a round	7,736	growing	A	0%
1 Oct 2026	$23.4B	$15.4B – $26.9B	$23.4B (0%)	after a round	7,815	growing	A	0%
24 Oct 2026	$23.4B	$15.5B – $26.9B	$23.4B (0%)	after a round	7,815	growing	A	0%

Key facts about Rippling

Founded: 2016
Headquarters: San Francisco, United States
Employees: about 7,820 +25% in a year
Total raised: $1.87B
Funding rounds: 7
Last round: Series G May 2025

Rippling was founded in 2016 by Parker Conrad and Prasanna Sankar.

Rippling funding history

Rippling has 7 funding rounds on record, from Apr 2019 to May 2025, $1.87B in total. The latest disclosed valuation is $16.80B post-money (Series G, May 2025).

Series G 9 May 2025
With Sands Capital, GIC, Goldman Sachs Alternatives, Baillie Gifford, Y Combinator, Elad Gil.
Sources: rippling.com
$450M
$16.80B post-money
Series F 22 Apr 2024
Investors not disclosed.
Sources: thisweekinfintech.com, rippling.com
$200M
$13.50B post-money
Series E 21 Mar 2023
Led by Greenoaks; with Dragoneer Investment Group.
Sources: finsmes.com, fintechfutures.com, blog.allstarsaas.com and 2 more
$500M
$11.25B post-money
Series D 11 May 2022
Led by Bedrock, Kleiner Perkins; with Y Combinator, Sequoia Capital.
Sources: research.contrary.com, blog.allstarsaas.com
$250M
$11.25B post-money
Series C 21 Oct 2021
Led by Sequoia Capital; with Greenoaks, Initialized, Kleiner Perkins, Threshold, Y Combinator, Founders Fund.
Sources: zillionize.com, zillionize.com, hollandfintech.com and 1 more
$279M
$6.52B post-money
Series B 4 Aug 2020
Led by Founders Fund; with Greenoaks, Coatue, Bedrock, Kleiner Perkins, Initialized, Y Combinator, Threshold.
Sources: rippling.com, rippling.com, hrtechradar.com and 7 more
$145M
$1.35B post-money
Series A 3 Apr 2019
Led by Kleiner Perkins; with Initialized, Threshold, Y Combinator, Liquid 2, Snow Leopard Technology Ventures, NJF Capital.
Sources: techcrunch.com, pulse2.com
$45M
$270M post-money

Rippling investors

18 investors have backed Rippling; Kleiner Perkins, Greenoaks and Bedrock and 2 more led at least one round.

What Rippling does

Rippling works in tech companies, with 15 recorded offerings and customers in human resources, information technology, financial services and healthcare.

Rippling People Center Inc. is an American software company that develops and provides workforce management and cloud-based HR and IT employee management solutions. The company offers a unified platform for HR, IT, and finance applications, integrating with over 500 third-party systems and supporting functions such as HR information systems, payroll, IT management, and global workforce management. Rippling also provides workflow automation, policy enforcement, and application development tools, and serves clients in sectors including construction, financial services, healthcare, marketing, manufacturing, non-profits, professional services, restaurants, retail, and technology. The company operates internationally, with offices in the United States, United Kingdom, Ireland, and India.

Description from Veridion's company data.

Products and services

Workforce Management Platform Licensing
HR Information Systems Licensing
Payroll Management Software Licensing
IT Asset Management Software Licensing
Financial Management Software Licensing
Global Workforce Management Solutions
Applicant Tracking System Licensing
Benefits Management Software Licensing
Computer and Software Management Solutions
Endpoint Security Solutions
Workflow Automation Platform Development
Business Application Integration Services
Custom Application Development Services
Workforce Analytics and Reporting Solutions
Policy and Permission Management Solutions

Markets

Human Resources
Information Technology
Financial Services
Healthcare
Marketing
Manufacturing
Non-Profit
Professional Services
Restaurants
Retail
Technology

Technology

Unified Data Platform for Workforce Management
Cloud Computing

Business model

Business-to-Business
Software-as-a-Service
Enterprise
Licensing

Industry codes (NAICS)

513210 Software Publishers 100% match

Questions about Rippling

What is Rippling worth?

Valuation $23.4B (range $15.5B to $26.9B), as of 24 Oct 2026. The last disclosed valuation was $16.80B (Series G, May 2025).

Has Rippling raised money?

Rippling has 7 funding rounds on record, from Apr 2019 to May 2025, $1.87B in total. The latest disclosed valuation is $16.80B post-money (Series G, May 2025).

Who has invested in Rippling?

Kleiner Perkins, Greenoaks, Bedrock, Founders Fund, Sequoia Capital and Y Combinator, and 12 more. Lead investors include Kleiner Perkins, Greenoaks, Bedrock and Founders Fund.

How many people work at Rippling?

About 7,820, up 25% over the last year. Headcount grew from 280 in Jan 2021 to 7,815 in Sep 2026.

What does Rippling do?

Rippling works in tech companies, with 15 recorded offerings and customers in human resources, information technology, financial services and healthcare. Its main offerings are workforce management platform licensing, HR information systems licensing and payroll management software licensing.

When was Rippling founded, and where is it based?

Rippling was founded in 2016 and is based in San Francisco, United States. It has about 7,820 employees, up 25% over the last year.

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Rippling valuation, funding and investors

Rippling valuation today

Key facts about Rippling

Rippling funding history

Series G 9 May 2025

Series F 22 Apr 2024

Series E 21 Mar 2023

Series D 11 May 2022

Series C 21 Oct 2021

Series B 4 Aug 2020

Series A 3 Apr 2019