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Rippling

Workforce management platform

1001+ employees
  • Fintech
  • B2B
  • HR
  • SaaS
Financial District, San Francisco, CA

Company mission

Rippling's mission is to eliminate the administrative work of running a company.

Top investors

145% employee growth in 12 months

Otta's take

Xav Kearney headshot

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

  • Flexible work schedule
  • Commuter benefits
  • Dog-friendly office
  • Work from home opportunities
  • Medical, Dental & Vision Insurance, Life Insurance, paid sick leave, 401(k)
  • Parental Leave, Unlimited PTO, Sabbatical
  • Equity awards
  • 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 7 rounds)

Apr 2024

$200m

SERIES F

Mar 2023

$500m

SERIES E

$1.4bn

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.