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RIPPLING
Rippling
HR technology (HR, IT and finance management platform) ยท San Francisco, California ยท United States ยท Founded ยท 2016 ยท โ‰ˆ ยท 5,000 ยท employees

Rippling Funding โ€” Last Valued at $16.8B

Private

Rippling has raised $3.4B across 5 funding rounds, plus 7 undated rounds. The latest round valued Rippling at $16.8B post-money.

ProfileValuationFundingCompetitorsStock & IPOHow to invest
Rippling funding ยท at a glance
Total raised, all rounds
$3.4B
some round sizes not disclosed
Funding rounds
5
plus 7 undated rounds
Latest round
$16.8B
post-money ยท May 2025
Lead on that event
new investors Sands Capital, GIC, Goldman Sachs Growth and Baillie Gifford
2025
About Rippling

Rippling raised $450 million in a May 2025 Series G that valued it at $16.8 billion, up from $13.5 billion a year earlier, with new investors Sands Capital, GIC, Goldman Sachs Growth, and Baillie Gifford lifting total funding to $1.85 billion. Greenoaks Capital had earlier arranged nearly $500 million to keep customer payroll payments flowing after Silicon Valley Bank collapsed in 2023.

Funding timeline

The Rippling funding timeline

5 funding rounds, the latest highlighted.

2016
Rippling founded

Rippling was founded in 2016, United States.

UNDATED
Series G Tender offer, Series F Tender offer, Series E, Series D, Series C, Series B, Series A

No date is disclosed for this round.

MAR 2017
Seed

A primary round โ€” the company sells new shares to investors it selects. $7M raised.

Valuation basisโ€”Amount$7MPrice / shareโ€”Leadโ€”
MAR 2023
Emergency financing during the SVB collapse

Raised in roughly 12 hours to cover customer payroll while SVB withdrawals were frozen; reported amounts range from ~$500m to $545m. $500M raised, led by Greenoaks Capital.

Valuation basisโ€”Amount$500MPrice / shareโ€”LeadGreenoaks Capital
APR 2024
Series F at $13.5B post-money

A primary round โ€” the company sells new shares to investors it selects. Led by Coatue.

Valuation basispost-moneyAmountโ€”Price / shareโ€”LeadCoatue
MAY 2025
Series G at $16.8B post-money

A primary round โ€” the company sells new shares to investors it selects. $450M raised.

Valuation basispost-moneyAmount$450MPrice / shareโ€”Leadโ€”
MAY 2025LATEST
Series G at $16.8B post-money

New investors Sands Capital, GIC, Goldman Sachs Growth and Baillie Gifford. $450M raised.

Valuation basispost-moneyAmount$450MPrice / shareโ€”Leadโ€”
IPO: NOT ANNOUNCED

No filing has been made.

Funding rounds

Rippling funding rounds in full

5 dated rounds, newest first.

Round
Date
Amount
Valuation
Price / share
Lead investors
Participation
Series G LATEST
May 2025
$450M
$16.8Bpost-money
โ€”
โ€”
new investors Sands Capital, GIC, Goldman Sachs Growth and Baillie Gifford
Series G
May 2025
$450M
$16.8Bpost-money
โ€”
โ€”
โ€”
Series F
Apr 2024
โ€”
$13.5Bpost-money
โ€”
Coatue
โ€”
Emergency financing during the SVB collapse
Mar 2023
$500M
โ€”
โ€”
Greenoaks Capital
raised in roughly 12 hours to cover customer payroll while SVB withdrawals were frozen; reported amounts range from ~$500m to $545m
Seed
Mar 2017
$7M
โ€”
โ€”
โ€”
โ€”
Series G Tender offer
โ€”
$200M
โ€”
โ€”
โ€”
to repurchase equity from current and former employees
Series F Tender offer
โ€”
$590M
โ€”
โ€”
โ€”
to repurchase equity from current employees, former employees, and early investors
Series E
โ€”
$500M
$11.2Bpost-money
โ€”
Greenoaks
โ€”
Series D
โ€”
$250M
$11.2Bpost-money
โ€”
Bedrock, Kleiner Perkins
participation from existing investors Y Combinator, Sequoia Capital, and more
Series C
โ€”
$250M
โ€”
โ€”
Sequoia Capital
with participation from Greenoaks and other existing investors
Series B
โ€”
$145M
โ€”
โ€”
Founders Fund
โ€”
Series A
โ€”
$45M
โ€”
โ€”
Kleiner Perkins
with participation from existing investors Initialized Capital, Threshold Ventures, Y Combinator, and others
Rippling ยท investors

Investors

Kleiner PerkinsLEADFounders FundLEADSSequoia CapitalLEADBBedrockLEADGreenoaksLEADCoatueLEADSands CapitalGGICGGoldman Sachs GrowthBaillie Gifford

Frequently asked questions

How can I get exposure to Rippling?โ€บ

The routes section explains what is realistically available for a company at this stage.

Is Rippling publicly traded?โ€บ

No. Rippling is a private company; its shares do not trade on a public exchange.

What is Rippling's valuation?โ€บ

The last valuation is $16.8B (post-money, May 2025).

Who has invested in Rippling?โ€บ

Lead investors for each round are in the funding timeline.

Who are Rippling's competitors?โ€บ

The closest hr technology (hr, it and finance management platform) peers are on the competitors page.

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