Rippling
Headquarters
San Francisco, CAFounded
2016CEO / Founder
Parker ConradEmployees
1001-5000Funding
Series D+ — $1.85BProducts
0 products listedWebsite
www.rippling.com/
Profile updated
About Rippling
Rippling is a workforce management software company headquartered in San Francisco, California, founded in 2016 by Parker Conrad and Prasanna Sankar. The company builds a unified platform that connects employee data across HR, IT, and finance functions, allowing businesses to manage the full employee lifecycle from a single system of record.
Rippling's core products include payroll processing, benefits administration, time and attendance tracking, device management, app provisioning, and expense management. The platform is designed so that changes made in one area—such as onboarding a new hire—automatically propagate across connected systems, reducing manual data entry. The company serves small and mid-sized businesses as well as larger enterprises across multiple countries, offering both domestic and global payroll capabilities.
Rippling has raised approximately $1.2 billion in total funding across multiple rounds, with investors including Founders Fund, Sequoia Capital, Kleiner Perkins, and Greenoaks Capital. The company reached a valuation of $11.25 billion following its Series F round in 2023. Parker Conrad previously co-founded Zenefits, another HR software company, before departing and founding Rippling. As of recent reports, Rippling employs several thousand people globally.
Specialties
Financials
Dated, source-cited figures. Estimates are marked.
No products listed yet for this company.
Competitive Landscape
Who Rippling competes with, and how they differ.
Deel focuses on global contractor payments and Employer-of-Record hiring for distributed teams, competing head-on with Rippling's international payroll and IT-provisioning stack; the two are locked in active 2025 corporate-espionage litigation over trade secrets.
1 product reviewed on TopReviewed
Gusto targets small businesses with a simpler, lower-priced payroll/HR bundle and does not offer Rippling's unified IT device-and-app provisioning layer.
Workday serves large enterprises with a broader HCM-plus-financials suite and a legacy on-premise migration base, competing with Rippling as it moves upmarket, at materially higher implementation cost and longer deployment cycles.
ADP is a decades-old payroll-processing incumbent serving employers of nearly every size through a PEO/ASO model, competing on payroll compliance breadth and scale rather than Rippling's single unified employee-system-of-record architecture.
1 product reviewed on TopReviewed
Dayforce (formerly Ceridian) sells continuous, real-time payroll and workforce management to large enterprises, overlapping with Rippling's payroll and time-tracking modules but without Rippling's IT/device-management scope.
1 product reviewed on TopReviewed
BambooHR is a lighter-weight HRIS aimed at SMBs that added payroll later and lacks Rippling's IT app/device provisioning, competing mainly at the smaller end of Rippling's customer base.
1 product reviewed on TopReviewedCompany Timeline
Key milestones in Rippling's history, with sources.
- Funding
Series G -- $450M at $16.8B valuation
Rippling raised $450 million in a Series G round led by new investors Sands Capital, GIC, Goldman Sachs Growth and Baillie Gifford, pushing its valuation to $16.8 billion and including a $200 million tender offer for employee liquidity.
techcrunch.com - Milestone
Sues Deel alleging corporate espionage
Rippling filed a RICO and trade-secrets lawsuit against rival Deel, alleging Deel recruited a Rippling employee to spy on the company; the employee later admitted in a sworn affidavit to extracting sales and product-roadmap data.
techcrunch.com - Funding
$200M funding round at $13.5B valuation
Rippling closed a $200 million round led by Coatue at a $13.5 billion valuation, alongside a secondary sale of up to $590 million for employees and early investors; ARR had grown past $350 million.
siliconangle.com - Funding
$500M emergency financing during SVB collapse
After Silicon Valley Bank's FDIC seizure froze $130 million of Rippling customer payroll funds, Rippling signed a $500 million term sheet with Greenoaks Capital in under 12 hours, holding its valuation at $11.25 billion.
techcrunch.com - Funding
Series D -- $250M at $11.25B valuation
Rippling raised a $250 million Series D led by Bedrock and Kleiner Perkins, valuing the company at $11.25 billion.
cpapracticeadvisor.com - Funding
Series B -- $145M, reaches unicorn status
Rippling raised a $145 million Series B led by Founders Fund at a $1.35 billion valuation, becoming a unicorn a little over three years after founding.
siliconangle.com - Launch
Parker Conrad publicly launches Rippling
Former Zenefits CEO Parker Conrad publicly launched Rippling, a workforce platform automating employee onboarding/offboarding and IT provisioning across systems like Gmail and Salesforce, doubling as a system of record for employee data.
techcrunch.com - Founded
Founded by Parker Conrad and Prasanna Sankar
Rippling was founded in San Francisco by former Zenefits CEO Parker Conrad and Prasanna Sankar, ahead of its public launch the following year.
en.wikipedia.org
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