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Rippling (company)

Rippling (company)

Rippling is a software company providing cloud-based employee management solutions. It combines human resources, information technology, and operations. It was founded in 2016 and has locations in San Francisco, California and Bangalore, India.

Overview

Rippling is a San Francisco-based Software as a Service (SaaS) company that provides cloud-based HR and IT employee management solutions, including payroll, benefits, computer and software management, endpoint security, and more. Rippling can automatically add employees to the Gmail distribution lists, Slack channels, Box folders, GitHub repos and other apps, manage passwords and sign-on, and cut off access when people leave the company.

Product

The company has the stated mission of stream lining human resource and information technology processes so that the company can gain more time to dedicate to its business. Rippling's platform is available via web browser or mobile application. For HR, the platform has payroll, benefits, HR software, and HR integrations. For IT, the platform offers provisioning, single sign-on, and password and device management.

Funding

The company raised $45 million in funding in 2019. Investors in the round include Kleiner Perkins, Mamoon Hamid, Initialized Capital, Threshold Ventures, and Y Combinator. This was a Series A funding round which followed one seed round.

Business

As of October 2018, Rippling reportedly has over one thousand customers, earns revenue in the seven figures, and employs more than 40 engineers.

Timeline

May 11, 2022
Rippling raises a $250,000,000 series D round from Bedrock Capital, Sequoia Capital and Y Combinator.
October 21, 2021
Rippling raises a $250,000,000 series C round from Founders Fund, Greenoaks Capital, Initialized Capital, Kleiner Perkins Caufield & Byers, Sequoia Capital Global Equities, Threshold and Y Combinator.
August 4, 2020
Rippling raises a $145,000,000 series B round from Bedrock Capital, Coatue Management, Greenoaks Capital, Initialized Capital, Kleiner Perkins Caufield & Byers and Y Combinator.
April 4, 2019
Rippling Raises $45M in Series A Funding

The round was led by Kleiner Perkins. Other investors include Initialized Capital, Threshold Ventures, and Y Combinator.

April 2019
Rippling raises a $45,000,000 series A round from Initialized Capital, Kleiner Perkins Caufield & Byers, Parker Conrad, Threshold Ventures and Y Combinator.
March 14, 2017
Seed Round - $7m

Investors include Lee Linden, Initialized Capital, FoundersClub, and Digital Horizon Capital.

March 14, 2017
Rippling raises a $7,000,000 seed round from S2 Capital.

Funding Rounds

Patents

Further Resources

Title
Author
Link
Type
Date

Rippling / Greenhouse Integration

February 11, 2019

Rippling raises $45M at $270M to be the biz app identity layer

Josh Constine

Web

April 3, 2019

Zenefits' Parker Conrad returns with Rippling to kill HR & IT busywork

Josh Constine

Web

October 10, 2018

References

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