Rippling, a San Francisco, CA-based HR tech company offering a unified workforce management platform, has raised $450 million in a Series G round at a $16.8 billion valuation.
Investors
The round includes new investors such as Sands Capital, GIC, Goldman Sachs Growth, and Baillie Gifford, alongside existing backers including Elad Gil and Y Combinator, bringing Rippling’s total funds raised to $1.85 billion.
Rippling Use of Funds
The company will use the funds to expand into new markets, enhance existing products, and develop new offerings across Rippling’s HR, IT, and finance software suite.
About Rippling
Founded in 2016 by Parker Conrad, Rippling provides workforce management platform that unifies HR, IT, and finance, supported by over 600 app integrations. It offers tools suitable for businesses of all sizes, from startups to large enterprises. Rippling offers payroll, benefits, device management, identity access, expense management, and global workforce management. Headquartered in San Francisco, with a presence in India, the UK, Ireland, and Australia, Rippling serves over 20,000 customers.
Funding Details
Company: Rippling
Raised: $450.0M
Round: Series G
Funding Date: May 2025
Investors: Sands Capital, GIC, Goldman Sachs Growth, Baillie Gifford, Elad Gil, Y Combinator
Company Website: https://www.rippling.com/
Software Category: HR Tech, Payroll & Benefits, SaaS, IT & Finance Operations
Source: https://techcrunch.com/2025/05/09/rippling-raises-450m-at-a-16-8b-valuation-reveals-yc-is-a-customer/