How Rippling hit $296.7M revenue and 2K customers in 2023.
Rippling is a cloud-based platform that provides a range of HR, IT, and operations services for businesses. The platform is designed to streamline and automate a range of administrative tasks, such as employee onboarding, payroll, benefits administration, device management, and IT security. Rippling's platform is designed to be easy to use and customizable, allowing businesses to create workflows that match their unique needs. The company was founded in 2017 and is headquartered in San Francisco, California. It has quickly gained popularity among businesses looking to simplify their administrative tasks and improve their operational efficiency.
2016
Founded
$296.7M
2023 Revenue
75.14%
YOY
$1.2B
Funding
Rippling Revenue
In 2023, Rippling revenue run rate hit $296.7M in revenue.
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2023
Rippling hit $296.7M in revenue in 2023
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2022
Rippling hit $169.4M in revenue in 2022
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2021
Rippling hit $104.4M in revenue in 2021
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2021
Rippling hit $104.4M in revenue in 2021
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2020
Rippling hit $16.8M in revenue in 2020
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2016
Rippling launched in 2016 with $0 revenue
Rippling Funding History
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2021
Rippling raised a of in October, 2021
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2020 Series B
Rippling raised a Series B of in July, 2020
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2019 Series A
Rippling raised a Series A of in March, 2019
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2017
Rippling raised a of in March, 2017
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2017 Seed Round
Rippling raised a Seed Round of in March, 2017
| FUNDING DATE | ROUND | AMOUNT | VALUATION |
|---|---|---|---|
| October, 21 2021 | |||
| July, 28 2020 | Series B | ||
| March, 19 2019 | Series A | ||
| March, 20 2017 | |||
| March, 14 2017 | Seed Round |
Team
Rippling has 2,882 total employees and 76 sales reps that carry a quota. They have 2,000 customers an engineering team of 100 and a marketing team of 9.
| DISTRIBUTION | QTY |
|---|---|
| Total team size | 2.9K |
| Engineer | 100 (3%) |
| Sales | 76 (3%) |
| Marketing | 9 (0%) |
Founder / CEO
Parker Conrad
Prasanna Sankar is the co-founder and CTO of Rippling, where he's scaling the engineering team across two continents. Previously he was Director of Engineering at Zenefits, and co-founder and CTO of LikeALittle, a social media app that attracted two million users in six weeks. Prasanna is a former competitive programmer and was ranked #1 in India on TopCoder. Today he codes for fun, and lives in the Bay Area with his wife and son.
Q&A
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What's your age?
33
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Favorite online tool?
Asana
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Favorite book?
Hard thing about hard things
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Favorite CEO?
Parker Conrad
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Advice for 20 year old self
Enjoy finance
Customers
Churn
Rippling Executives
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| Parker Conrad | CEO | [email protected] | - |
Rippling Employees
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| Parker Conrad | CEO | [email protected] | - |
Rippling Board of Directors
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| Prasanna Sankar | Board Member | - | - |
| Napoleon Ta | Board Member | - | - |
| Mamoon Hamid | Board Director | - | - |
| Parker Conrad | Board Member | - | - |
Frequently Asked Questions about Rippling
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When was Rippling founded?
Rippling was founded in 2016.
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How much revenue does Rippling generate?
Rippling generates $296.7M in revenue.
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Who is the CEO of Rippling
The CEO of Rippling is Parker Conrad.
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How much funding does Rippling have?
Rippling raised $1.2B.
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How many employees does Rippling have?
Rippling has 2.9K employees.
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Where is Rippling headquarters?
Rippling is headquartered at 55 2nd St Ste 1500, San Francisco, California, 94105, United States
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