Rippling Overview
- Year Founded
-
2016
- Status
-
Private
- Employees
-
3,545
- Latest Deal Type
-
2ndary - Private
- (Announced)
- Investors
-
64
Rippling General Information
Description
Developer of a workforce management platform designed to eliminate the administrative work of running a company. The company's platform guides in managing employee data and operations including onboarding, offboarding, payrolls, tax forms, and email accounts to automate all the manual work and keycard access, enabling companies to onboard new employees seamlessly.
Contact Information
Website
www.rippling.comCorporate Office
- 2443 Fillmore St
- Suite 380-7361
- San Francisco, CA 94115
- United States
Corporate Office
- 2443 Fillmore St
- Suite 380-7361
- San Francisco, CA 94115
- United States
Rippling Timeline
Rippling Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
10. Secondary Transaction - Private | 22-Apr-2024 | Announced | Generating Revenue | |||
9. Later Stage VC | 15-May-2024 | Completed | Generating Revenue | |||
8. Later Stage VC (Series E) | 13-Mar-2023 | Completed | Generating Revenue | |||
7. Later Stage VC (Series D) | 04-May-2022 | Completed | Generating Revenue | |||
6. Later Stage VC (Series C) | 21-Oct-2021 | Completed | Generating Revenue | |||
5. Early Stage VC (Series B) | 28-Jul-2020 | Completed | Generating Revenue | |||
4. Early Stage VC (Series A) | 02-Aug-2019 | Completed | Generating Revenue | |||
3. Seed Round | Completed | Generating Revenue | ||||
2. Seed Round | 01-Apr-2017 | $7M | $7.12M | Completed | Generating Revenue | |
1. Accelerator/Incubator | 20-Mar-2017 | $120K | $120K | Completed | Generating Revenue |
Rippling Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate ($) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
---|---|---|---|---|---|---|---|---|
Series D | ||||||||
Series C | ||||||||
Series B2 | ||||||||
Series B1 | ||||||||
Series B | ||||||||
Series A4 | ||||||||
Series A3 | ||||||||
Series A2 | ||||||||
Series A1 | 6,511,180 | $0.000001 | $0.01 | $0.08 | $0.08 | 1x | $0.08 | 2.44% |
Series A | 30,690,090 | $0.000001 | $0.09 | $1.47 | $1.47 | 1x | $1.47 | 11.49% |
Rippling Comparisons
Industry
Financing
Details
Rippling Competitors (41)
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
HROnboard | Corporate Backed or Acquired | Melbourne, Australia | ||||
Personio | Venture Capital-Backed | Munich, Germany | ||||
Ease | Private Equity-Backed | San Francisco, CA | ||||
HiBob | Private Equity-Backed | New York, NY | ||||
Justworks | Venture Capital-Backed | New York, NY |
Rippling Patents
Rippling Recent Patent Activity
Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
---|---|---|---|---|---|
US-20240184781-A1 | Systems and methods for intelligent database report generation | Active | 02-Dec-2022 | ||
US-12032574-B2 | Systems and methods for intelligent database report generation | Active | 02-Dec-2022 | ||
US-20240320218-A1 | Systems and methods for intelligent database report generation | Pending | 02-Dec-2022 | ||
US-20240160415-A1 | Intelligent and dynamic updates to group objects based on attribute value change | Pending | 14-Nov-2022 | ||
US-20240119045-A1 | Systems and methods for intelligent database report generation | Active | 07-Oct-2022 | G06F16/2428 |
Rippling Executive Team (15)
Name | Title | Board Seat |
---|---|---|
Parker Conrad | Co-Founder, Chief Executive Officer, President, Customer Support Executive Board Member | |
Adam Swiecicki | Chief Financial Officer | |
Matt MacInnis | Chief Operating Officer & Member Of Insurance & Regulatory Committee | |
Albert Strasheim | Chief Technology Officer & Senior Vice President Engineering | |
Adil Syed | Senior Vice President, General Manager of Startups and Head of IR |
Rippling Board Members (4)
Name | Representing | Role | Since |
---|---|---|---|
Mamoon Hamid | Kleiner Perkins | Board Member | |
Napoleon Ta | Founders Fund | Board Member | |
Parker Conrad | Rippling | Co-Founder, Chief Executive Officer, President, Customer Support Executive Board Member | |
Prasanna Sankar | Rippling | Co-Founder and Board Member |
Rippling Signals
Rippling Investors (64)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
---|---|---|---|---|
Bossa Invest | Venture Capital | Minority | ||
Camford Capital | Venture Capital | Minority | ||
CPP Investments | Limited Partner | Minority | ||
Dragoneer Investment Group | Growth/Expansion | Minority | ||
Hakluyt Capital | Venture Capital | Minority |
Rippling Investments & Acquisitions (3)
Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
---|---|---|---|---|---|
Fuzzbuzz | 03-Jan-2023 | Network Management Software | |||
RunX | 08-Aug-2022 | Business/Productivity Software | |||
Gullak | 01-Aug-2022 | Seed Round | Financial Software |
Rippling FAQs
-
When was Rippling founded?
Rippling was founded in 2016.
-
Who is the founder of Rippling?
Parker Conrad and Prasanna Sankar are the founders of Rippling.
-
Who is the CEO of Rippling?
Parker Conrad is the CEO of Rippling.
-
Where is Rippling headquartered?
Rippling is headquartered in San Francisco, CA.
-
What is the size of Rippling?
Rippling has 3,545 total employees.
-
What industry is Rippling in?
Rippling’s primary industry is Business/Productivity Software.
-
Is Rippling a private or public company?
Rippling is a Private company.
-
What is Rippling’s current revenue?
The current revenue for Rippling is
. -
How much funding has Rippling raised over time?
Rippling has raised $1.4B.
-
Who are Rippling’s investors?
Bossa Invest, Camford Capital, CPP Investments, Dragoneer Investment Group, and Hakluyt Capital are 5 of 64 investors who have invested in Rippling.
-
Who are Rippling’s competitors?
HROnboard, Personio, Ease, HiBob, and Justworks are some of the 41 competitors of Rippling.
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