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Rippling Raises $450 Million at a $16.8 Billion Valuation

Rippling is a workforce management platform that unifies HR, IT, and finance operations into one system. It enables companies to manage the entire employee lifecycle — from onboarding and payroll to benefits administration and compliance — all in one place. The platform also offers IT tools for device management, software access, and security oversight. With its integrated approach, Rippling helps organizations streamline operations, reduce complexity, and improve overall efficiency.

Rippling has raised a $450 million Series G round at a $16.8 billion valuation. Y Combinator, Elad Gil, Sands Capital, GIC, and Goldman Sachs Growth, along with other existing investors, participated in the round.

Rippling, headquartered in San Francisco, California, United States, was founded in 2016 by Parker Conrad and Prasanna Sankar. In 2020, the company joined the unicorn club. Rippling supports businesses in over 100 countries, offering global payroll and compliance tools designed for modern, distributed teams. The new round underscores Rippling’s growing influence as it continues to redefine how companies manage people, systems, and finances at scale.

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