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Ripplingrevenue, valuation & funding

HRMS & HCM Software55 2nd St Ste 1500, San Francisco, CaliforniaFounded 2016CEO Parker Conrad

Rippling is an all-in-one HR and IT platform founded in 2016 by Parker Conrad (CEO) and Prasanna Sankar (Co-founder).

rippling.comLinkedInUpdated Oct 12, 2026
Annual revenue
$1B
Apr 2026 · X
Latka Top
#1
of 1,368 interviewed companies
Valuation
$16.8B
May 2025
Total raised
$1.9B
10 rounds
Employees
5,000
Nov 2025

Rippling revenue

Rippling's annual revenue was $1B in April 2026 (X). Rippling is #1 on the Latka Top. The Latka Top ranks the 1,368 companies Nathan Latka has interviewed by revenue.

$0
$250M
$500M
$750M
$1B
$16.8M
$104.4M
$169.4M
$350M
$412M
$570M
$1B
2020202120222023202420252026
ReportedEstimateOne figure per year; a reported figure wins over an estimate
All 7 revenue readings, with sources
As ofRevenueSource
Feb 2020$16.8M–
Oct 2021$104.4M–
Nov 2022$169.4M–
Nov 2023$350MEST.Sacra estimate
Oct 2024$412MEST.GetLatka estimate
May 2025$570MEST.GetLatka estimate
Apr 2026$1BX

– source not recorded

Rippling valuation

Rippling is privately held, so there is no Rippling stock to buy. Investors valued it at $16.8B in its May 2025 Series G.

Valuation history$16.8B Series G 2025$13.5B Series F 2024$6.5B Series C 2021$1.4B Series B 2020$1.6M 2017

Rippling funding rounds & investors

Rippling has raised $1.9B across ten rounds since 2016. The latest was a $450M Series G in May 2025.

DateRoundRaisedValuationSource
May 2025Series G$450M$16.8BTechCrunch
Apr 2024Series F$200M$13.5B–
Mar 2023Series E$500M––
May 2022Series D$250M––
Oct 2021Series C$250M$6.5B–
Jul 2020Series B$145.3M$1.4B–
Mar 2019Funding round$45M–Prasanna Sankar on cameraWatch at 20:48
Mar 2017Funding round$120K$1.6M–
Mar 2017Seed$7M––
2016Funding round$10M–Prasanna Sankar on cameraWatch at 5:27
Total raised$1.9B

Not counted as funding

  • Secondary share sale (not new capital) $590M Apr 2024
  • Founder's own money $500K 2016

Interviews with Prasanna Sankar

Nathan Latka has interviewed Rippling once, speaking with Prasanna Sankar. Each figure links to the second it was said.

Watch: How Rippling Reached 2,000 Paying Customers by 2019 (Interview with CTO Prasanna Sankar)

March 2019 · Prasanna Sankar, Co-Founder and CTO

How Rippling Reached 2,000 Paying Customers by 2019 (Interview with CTO Prasanna Sankar)

Read the interviewWatch

Growth tactics they described: Value-Added ResellersWatch at 17:00Cold OutreachWatch at 17:28

Rippling competitors

Rippling competes most directly with Workday, Gusto, Justworks and BambooHR.

CompanyRevenueFundingEmployeesCustomersFounded
Workday$9.6B$230.6M25K10K2005
Gusto$1B$746M4,008400K2012
Rippling$1B$1.9B5,0002K2016
Justworks$350M$143M1,48212K2012
BambooHR$274M–1,62726K2008

#2 of 753 HRMS & HCM Software companies by revenue · category median $2.6M · See the ranking

Rippling CEO, founders & employees

Parker Conrad founded Rippling in 2016 with Prasanna Sankar and runs it as CEO. Rippling has 5,000 employees (November 2025), up from 3,630 a year earlier.

BoardNapoleon Ta, Mamoon Hamid

0
2,000
4,000
59
–
177
323
857
1,392
2,460
3,630
5,000
201720182019202020212022202320242025
ReportedOne figure per year; a reported figure wins over an estimate
All 12 headcount readings, with sources
As ofEmployeesSource
Nov 20255,000–
Sep 20243,630Forbes
Mar 20242,882Latka Top 250 List
Nov 20232,460–
Nov 20221,392–
Nov 2021857–
Dec 2020323–
Nov 2020323–
Jun 2020252–
Feb 2020200–
Dec 2019177–
Mar 201759–

Rippling FAQ

What is Rippling's revenue?

Rippling's annual revenue was $1B in April 2026, according to X.

What is Rippling's valuation?

Investors valued Rippling at $16.8B in its May 2025 Series G, according to TechCrunch.

How much funding has Rippling raised?

Rippling has raised $1.9B across ten funding rounds. The latest was a $450M Series G in May 2025.

Is Rippling publicly traded?

No. Rippling is a private company, so its shares aren't traded on a stock exchange.

How many employees does Rippling have?

Rippling has 5,000 employees as of November 2025.

Who is the CEO of Rippling?

Parker Conrad is the CEO of Rippling and co-founded the company in 2016.

Who founded Rippling?

Parker Conrad and Prasanna Sankar founded Rippling in 2016.

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How this page is sourced

9 said on camera · 4 from public sources · 3 estimates. Founder figures link to the second they were said; public figures name their source; estimates are marked EST. and say whose they are. Not financial advice. The Latka Top ranks the private, operating companies Nathan Latka has interviewed by the latest revenue figure on each profile, reported or estimated; equal figures share a rank.

Updated Oct 12, 2026Data disclaimerReport a correctionClaim this profile