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Rippling

Manage your entire workforce on one system
Rippling is a unified workforce operating system that manages global HR, Payroll, IT, and Finance in one place. Unlike bundled tools, the platform is built on a shared foundation of data that allows for automated end-to-end workflows, role-based permissions, and enterprise-grade reporting. It is designed to eliminate manual administrative work, reduce software spend by replacing duplicate systems, and provide business-critical insights through integrated AI.
SaaS 📍 San Francisco, California Founded 2016
Current Valuation
$14B
as of 2025-Q2
DECACORN

QL Price

$15B
-10% vs last round
QuantLogix's current estimate for Rippling, published 2026-10-07 — below the last disclosed round of $17B (2025-09).
Confidence
medium
Basis
blended
What backs this price
Last disclosed round $17B 2025-09 weight 0.47
Secondary market print $15B 2026-06-27 weight 0.54
Public-company comparables $4.0B 2025-Q2 weight 0.08
How this price has held up
No round has priced for Rippling since QuantLogix began publishing a price for it, so there is nothing to grade yet. The claim above is on the record from 2026-10-07 and will be graded against the next priced round. See the full accuracy record →
How to actually get exposure to Rippling →
Which publicly-traded funds already hold it, what $10,000 buys, and whether any route is open to you.
Cite this price as QuantLogix QL Price, Rippling, 2026-10-07 (fcd4907b61d6f6e0). The id pins this exact claim, so a citation stays checkable after the price moves. Model estimate for research — not a quote, target price, or investment advice.

IPO Outlookprivate

Is Rippling going public in 2027?
No. Rippling is private and has not filed to go public; 2027 is the earliest year discussed. There is no S-1 on file.
What is Rippling's valuation in 2026?
Rippling is valued at $14B as of 2025-Q2, set by its Series G ($460.18M, May 2025). That is the last confirmed mark, not a live price — private shares do not trade continuously.
Has Rippling filed an S-1?
No public S-1 is on file for Rippling.
Who are Rippling's investors?
Rippling's investors include Elad Gil, Sands Capital, GIC, Goldman Sachs Growth Equity, Baillie Gifford, Y Combinator and 14 more.
How much has Rippling raised?
Rippling has raised $1.9B in total, most recently a Series G of $460.18M in May 2025.
Is Rippling publicly traded — can you buy Rippling stock?
No. Rippling is a private company — its shares are not listed on any exchange and there is no ticker. The routes to exposure are pre-IPO secondary marketplaces and funds (accredited investors), employee tender offers when the company runs one, and public companies with read-through exposure. QuantLogix maps every route it can verify for Rippling on its Pre-IPO Access Desk.
How to actually get exposure to Rippling →
Answers are derived from the roster record shown on this page — filing status, last round and confirmed marks. Where the record is silent, the answer says so rather than guessing.

Company Profile

CEO
Parker Conrad
Founded
2016
HQ
San Francisco, California
Employees
4000+
Total Raised
$1.9B
Est. Revenue
$1.0B (2025-Q2)
Growth
78% YoY growth, reaching $1B ARR
Last Round
Series G — $460.18M (May 2025)
IPO Status
Private

Fundraising Status

Series G · $460.18M · 1y 5mo ago
PrivateTotal raised $1.9B

Secondary Market

Implied price / share
$47.96
Last round price / share
$52
vs last round
-7.8%
Open interest
3
Last round price vs secondary price
Last round vs current secondary price per share$52.00Last round$47.96Current
Secondary price return by period
Secondary market period returns3-month-9.1%6-month-5.1%1-year-6.7%All-time+37.0%
Implied per-share price from private secondary transactions, as of Jun 2026. This is a point estimate, not a quote — the feed carries no bid, ask or spread, and a secondary print is evidence of what someone paid on that date rather than a live market. Compare across every tracked name →

Latest Funding Round

RoundAmountDateLead InvestorPost-Money
Series G$460.18MMay 2025——

Talent Signal

Hiring trend
▲ Hiring uptrend
+11% vs 2026-08
Open roles
42
via careers page
Product-build share
21%
engineering, research, product, design
Trajectory
scaling
go-to-market push — Only 21% of open roles build product — hiring is concentrated in sales/marketing/ops (13 of 42 open roles are finance).
Executive bench growing while hiring expands: 3 senior hires (CFO, CTO, CPO); open roles trending up.
Open roles by month
Open roles by month38Aug '2642Sep '26
Open roles by function
Open roles by functionFinance & Strategy13Ops & People12Engineering5Security4Marketing3Legal & Policy3Support2
■ product-building   ■ go-to-market / G&A
Key Executive Moves
INAdam SwiecickiCFO · 2026-09-07
INAlbert StrasheimCTO · 2026-09-07
INEisar LipkovitzCPO · 2026-09-07
From trusted-source news extraction (deep-enrich pipeline); dates approximate publication, not effective date.
The Engineering Leadership PodcastI'm an engineerSecurity & Data ProtectionVulnerability ReportingCTO rounds out engineeringEngineering has new leadership
Counted from Rippling's live job board as of 2026-09-15; role functions classified from posting titles. Open-role counts are an activity signal, not headcount. Refreshed monthly.

Founders & Key People

Parker ConradPrasanna Sankar

Investors

Elad Gil · Sands Capital · GIC · Goldman Sachs Growth Equity · Baillie Gifford · Y Combinator · Coatue · Founders Fund · Greenoaks Capital · Dragoneer Investment Group · Bedrock Capital · Kleiner Perkins · Sequoia Capital · Global Growth Partners · Threshold Ventures · Initialized Capital · Mamoon Hamid · NewDo Venture · SV Angel · Benjamin Ling

Products

  • Rippling HR
  • Rippling IT
  • Rippling Finance
  • Payroll
  • Benefits
  • Recruiting
  • Performance Management
  • LMS
  • Identity and Access Management
  • Device Management
  • Security and Compliance
  • SOC 2 Compliance
  • Spend Management
  • Corporate Cards
  • Expenses
  • Procurement
  • Bill Pay
  • Travel Management
  • Rippling AI
  • App Studio
  • Workforce Management

Competitors

Workday · BambooHR · Gusto · Deel · ADP · Justworks · HiBob
HR TechSaaSWorkforce ManagementPayrollIT ManagementFinance SoftwareUnified PlatformEnterprise SoftwareB2BAI-Powered
Private-company numbers are not real-time. Reflects publicly disclosed valuations from press releases, news reports, and tender offers as of 2025-Q2. Refreshed quarterly.