Rippling Current · Verified less than 14 days ago · Last verified: Oct 18, 2026

Rippling: $35.0B valuation, IPO Readiness 58, Series I. Rippling is the unified HR, IT, and finance platform for businesses — combining payroll, benefits, device mana. Track live on The IPO Stack.

Series IEnterprise Softwareprivate
58
/100
IPO Readiness Score
Grade C — Early Stage
TechStackIPO proprietary score based on funding scale, valuation, stage progression & momentum.
Track Rippling →

Rippling is the unified HR, IT, and finance platform for businesses — combining payroll, benefits, device management, and spend management in one system. Valued at $25B with $1.8B raised, Rippling generates $600M+ in ARR and has disrupted Workday, BambooHR, and Expensify. IPO candidate as the consolidation of HR/IT/finance into a single AI-native platform accelerates in the $80B+ enterprise software market.

Valuation
$35.0B
Total Funding
$3.2B
Stage
Series I
Sector
Enterprise Software
Headquarters
San Francisco, CA
CEO
Parker Conrad
IPO Status
private

Funding History

April 2017
Seed
$7M
April 2019
Series A
$45M
August 2020
Series B
$145M
March 2022
Series C
$250M
March 2023
Series D
$500M
March 2024
Series E
$200M
July 2026
Series I
$500M
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Track Rippling IPO timeline, funding rounds, investor activity, and valuation on TechStackIPO — the pre-IPO intelligence platform.

Frequently Asked Questions

When is Rippling going public? +

Rippling has not publicly announced IPO plans. Track TechStackIPO for the latest signals and subscribe to The IPO Stack for weekly updates.

What is Rippling's current valuation? +

Rippling is valued at $35.0B as of March 2024. This valuation is based on its most recent private funding round tracked by TechStackIPO.

How can I invest in Rippling before IPO? +

Accredited investors can access Rippling shares through secondary market platforms, pre-IPO investment funds, and broker-dealer platforms that facilitate private company transactions. TechStackIPO's marketplace tracks available access options. Note: pre-IPO investments carry higher risk and limited liquidity compared to public market investing.

What is Rippling's IPO Readiness Score? +

Rippling scores 58/100 (Grade: C) on TechStackIPO's IPO Readiness Index. The score evaluates funding scale, valuation trajectory, funding momentum, stage progression, and company maturity. Scores above 70 indicate strong near-term IPO potential.

How much total funding has Rippling raised? +

Rippling has raised $3.2B in total venture capital and private equity funding, with backing from Initialized Capital, Kleiner Perkins, Founders Fund.

Who are Rippling's key investors? +

Rippling's notable investors include Initialized Capital, Kleiner Perkins, Founders Fund, Bedrock Capital, Greenoaks Capital. Full investor details, funding round history, and lead investor breakdowns are available on TechStackIPO.

What sector is Rippling in? +

Rippling is a Enterprise Software company. Rippling is the unified HR, IT, and finance platform for businesses — combining payroll, benefits, device management, an.

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