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COLD START / catalog / c/ripplingretrieved 2026-05-20T03:57 UTC · 20 sources read

Rippling

Rippling sells HR, IT, and finance software to businesses on a unified employee-data graph, so a single change—hire, termination, role update—propagates automatically across payroll, devices, apps, and spend.

rippling.com · San Francisco

CALL NO.CS·RIPPLING·26
StageSeries GMay 2025[1][2][7]
Raised$1.9Bdisclosed rounds[1]
Headcount5233as of Apr 2026[4]
Valuationnot publicly disclosedno source in ledger
Founded2016[5][16]
Money

Raised $1.9B across disclosed rounds.[1]

Series G closed May 2025.[1][2][7]

post-money valuation is not publicly disclosed.

Named investors include Founders Fund, Kleiner Perkins, Greenoaks Capital, Coatue Management, Bedrock Capital, Y Combinator, Elad Gil, Sands Capital, GIC, Goldman Sachs Growth, Baillie Gifford.[1][7][8][2]

People

Parker Conrad, Co-Founder & CEO[8][7]

Prasanna Sankar, Co-Founder[8][7]

Matt MacInnis, COO[3][4][5][6]

Adam Swiecicki, CFO[3][4][5][6]

Matt Epstein, General Manager[3][4][5][6]

Tomer Schwartz, VP of Product[3][4][5][6]

Signals
May 9 2025fundingSeries G: $450M raised at $16.8B valuation, no lead investor; $200M concurrent tender offer for employees[1][2][7]
May 9 2025newsRippling sued rival Deel for allegedly planting a spy to steal trade secrets; Deel filed a countersuit in April 2025; CEO Conrad said the publicity may be driving inbound interest[2]
Comps

Deel · deel.com · Named directly as a competitor in Rippling's enrichment data and cited in news coverage of the Rippling–Deel espionage lawsuit; overlaps on global payroll, EOR, and contractor management for the same HR/ops buyer.[5][2]

ADP · adp.com · Named explicitly as a Rippling competitor by CNBC; Rippling's talent sourcing data shows 152 hires from ADP—the largest single source—indicating direct substitution in the payroll and HCM workflow.[2][5]

Paylocity · paylocity.com · Named as a Rippling competitor by both CNBC and Rippling's own enrichment data; Rippling draws 91 hires from Paylocity and sends 17 alumni back—indicating direct competitive overlap on the mid-market payroll and HRIS buyer.[2][5]

Workday · workday.com · Named directly as a competitor in Rippling's enrichment data; overlaps on the same HR+finance buyer, same unified-platform positioning, and competes for the same mid-market and enterprise budget.[5]

Gusto · gusto.com · Named directly as a competitor in Rippling's enrichment data; Rippling's talent sourcing data shows 76 hires from Gusto, indicating direct head-to-head competition for the same SMB HR and payroll buyer.[5]

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Rippling

CALL NO.CS·RIPPLING·26

Rippling sells HR, IT, and finance software to businesses on a unified employee-data graph, so a single change—hire, termination, role update—propagates automatically across payroll, devices, apps, and spend.

rippling.com · San Francisco

StageSeries G
Raised$1.9B
Headcount5233
Valuationnot publicly disclosed
Founded2016
CompsDeel +4