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Rippling
Workforce management platform
- 1001+ employees
- Fintech
- B2B
- HR
- SaaS
- 55 Second Street, Suite 1500, San Francisco, CA 94105
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Company mission
Rippling's mission is to eliminate the administrative work of running a company.
Otta's take
Xav Kearney
CTO of Otta
Rippling is an online-based HR management platform helping companies deal with onboarding, payroll, benefits, and employee data. The software aims to be a one-stop shop for small to mid-size businesses, saving them time and money by managing their staff more efficiently.
Rippling claims that clients can conduct key business processes such as onboarding new hires and running payroll within 90 seconds, an appealing prospect for companies in a high-growth phase. A partnership with Carta, a leading equity management platform, has enabled Rippling to benefit from its extensive equity data and further improve its product utility.
While other companies such as Gusto and Xero also manage payroll, Rippling manages the entire employee ecosystem, including software specific to an employee's role. With the market for HR software already massive, and only projected to increase, Rippling has plenty of room to grow into the future. It has also raised considerable funding that will be used to accelerate this growth as it expands its product offerings, including its payroll and benefits services.
Benefits
- Dog-friendly office
- Flexible work schedule
- Commuter benefits
- Work from home opportunities
- Medical, Dental & Vision Insurance, Life Insurance, paid sick leave, 401(k)
- Equity awards
- Parental Leave, Unlimited PTO, Sabbatical
- Company Offsites, in-office meal perks
- Employee Resource Groups, referral program
- Talk therapy, meditation sessions
Company values
- Humility - We try to understand others before trying to be understood, even when its inconvenient.
- Integrity - We try to do the right thing, especially when its inconvenient.
- Responsibility - We take responsibility for our role in every outcome, especially when its inconvenient.
- Never not my problem - We're willing to step out of our lane to make life better for each other, and our customers.
- We push the limits - We dream one size bigger. We always have the audacity to challenge the status quo.
- We run hard - In business, every second matters. We act quickly and execute with urgency.
Funding (last 2 of 6 rounds)
Mar 2023
$500m
SERIES E
May 2022
$250m
SERIES D
$1.2bn
Total funding
This company has top investors
Founders
Parker Conrad
(Co-founder & CEO)Parker studied at Harvard before working at Amgen for 3 years and co-founding Wikinvest. Co-founded both SigFig and Zenefits before starting Rippling in May 2016.
Prasanna Sankar
(Co-founder)Previously a Software Engineer at Microsoft and Director of Engineering at Zenefits. Co-founded Likealittle.