Rippling

A cloud platform for managing employee data that combines HR, payroll, benefits, IT device and app management, and spend management in one system. Businesses use it to onboard employees, run payroll and issue corporate cards.

VP50 · #40Enterprise softwareHR, payroll and workforce management softwareSan Francisco, United States

Contact us rippling.com

FoundersSince 2016

Valuation: $17B
Total raised: $1.9B
Last round · May 2025: Series G
Founded: 2016
Employees: 5,000
Quarters in VP50: 16

Valuation

Rippling priced rounds
Round	Date	Post-money valuation	Raised	Led by
Series A	Apr 3, 2019	$270M	$45M	Kleiner Perkins
Series B	Aug 4, 2020	$1.4B	$145M	Founders Fund
Series C	Oct 21, 2021	$6.5B	$250M	Sequoia Capital Global Equities and Global Growth
Series D	May 11, 2022	$11B	$250M	Bedrock and Kleiner Perkins
Series E	Mar 17, 2023	$11B	$500M	Greenoaks
Series F	Apr 22, 2024	$14B	$200M	Coatue
Series G	May 9, 2025	$17B	$450M	Unknown

Post-money valuation at each priced round. Log scale.Hover a point for the round

Updated Oct 15, 2026

In VP50

Q4 2023: #16
Q1 2024: #16
Q2 2024: #11
Q3 2024: #10
Q4 2024: #10
Q1 2025: #26
Q2 2025: #27
Q3 2025: #30
Q4 2025: #24
Q1 2026: #32
Q2 2026: #38
Q3 2026: no place
Q4 2026: #40

Place by quarter since Q4 2023. Best place #10, held for two quarters in a row.

Funding rounds

DateRound · leadRaisedValuation

May 9, 2025Series G$450M$17B

Apr 22, 2024Series F · Coatue$200M$14B

Mar 17, 2023Series E · Greenoaks$500M$11B

May 11, 2022Series D · Bedrock, Kleiner Perkins$250M$11B

Oct 21, 2021Series C · Sequoia Capital Global Equities and Global Growth$250M$6.5B

Aug 4, 2020Series B · Founders Fund$145M$1.4B

Apr 3, 2019Series A · Kleiner Perkins$45M$270M

Mar 2017Seed$7M—

Signals

Oct 8, 2026Rippling opens 132,693 sq ft New York office for 1,000+ staff, nearly doubling footprintMilestone
Sep 25, 2026Judge denies Deel bid to strike Rippling witness and sends counterclaims to arbitrationLegal and regulatory
Sep 22, 2026Rippling opens AI Lab in Bengaluru as its India headcount nears 2,500Milestone
Aug 20, 2026Rippling and Runlayer dismiss both lawsuits with prejudice, with no payment madeLegal and regulatory
Aug 10, 2026Rippling countersued Runlayer in Delaware federal court, alleging three patents infringedLegal and regulatory
Jul 28, 2026Runlayer sues Rippling in New York federal court over alleged trade-secret theftLegal and regulatory

Team

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Rippling | Venture Place