Rippling Stock
| Valuation | $16.8B1 |
| Valuation Date | May 9, 2025 |
| Implied Valuation | $19.34B |
| Last Price | $45.62 |
| 52-Week High | $53.58 |
| 52-Week Low | $45.37 |
| YTD Return | -9.82% |
| 1-Year Return | -11.78% |
| 3-Year Return | +74.72% |
| Total Funding | $1.85B2 |
| Latest Round Amount | $450M3 |
| Latest Round | Series G |
| Funding Rounds | 10 |
| IPO Status | n/a |
| Expected IPO Date | n/a |
| Revenue | $1B4, 5 |
| Revenue Type | ARR |
| P/S Ratio | 16.8 |
About Rippling
Rippling is a workforce management platform that combines human resources, IT and finance software into a single system. It is built around an "employee graph," a central record of employee data that ties together payroll, benefits, devices, apps and corporate spend. This means hiring or offboarding someone can automatically update their pay, insurance, laptop and app access. The platform also offers global payroll, corporate cards and expense management for businesses ranging from startups to enterprises. Rippling makes money by charging recurring per-employee subscription fees for the modules each customer uses. It was co-founded by Parker Conrad, who earlier founded and ran the HR startup Zenefits.
Invest in Rippling
Rippling is a private company, so you can't purchase it with a regular brokerage account. However, its shares are available on Clarity (formerly Hiive).
Clarity is a secondary marketplace where accredited investors can buy and sell shares of private, pre-IPO companies. Invest in the world's most exciting startups before they go public.
Invest on ClarityStock Analysis may be compensated for user sign-ups through Clarity links. Clarity is not affiliated with Stock Analysis. Securities offered by Clarity Capital Limited, member of FINRA/SIPC.
Related Companies
News
Reintroducing Rippling Automated Compliance: AI for Every Stage
Rippling expanded its Automated Compliance product with multi-framework support, an audit portal, publishable Trust Centers, and AI-assisted security questionnaire workflows.
Rippling adds Principal, Beam Benefits and Sun Life to Preferred Carrier Program
Rippling expanded its Preferred Carrier Program to six carriers, adding Principal, Beam Benefits and Sun Life alongside Guardian, MetLife and Unum.
Rippling Expands New York City Presence Amid Accelerated Growth
NEW YORK--(BUSINESS WIRE)--Rippling, the AI-native workforce management platform, announces the opening of its new New York City office, marking a significant expansion of its presence in one of the ...
Fast Company names Rippling the next big thing in tech
Rippling said Fast Company included it on the 2026 Next Big Thing in Tech list for applied AI, citing AI Governance, spend controls, and its Bengaluru AI Lab.
Rippling Opens AI Lab in Bengaluru to Accelerate the Future of AI-Powered Business Software
BENGALURU, India--(BUSINESS WIRE)--Rippling, the AI-native workforce management company, launched the Rippling AI Lab, a research and engineering group dedicated to continuous AI innovation. The AI La...
Rippling Tops G2's First-Ever Grid® for AI Agents for HR
SAN FRANCISCO--(BUSINESS WIRE)--Rippling, the people data platform for forward-thinking companies, is named the #1 Leader in the first-ever G2 Grid® for AI Agents for HR Software. Rippling received th...
Runlayer, Rippling drop lawsuits. But the brouhaha is still a cautionary tale for founders.
On Wednesday night, Runlayer and Rippling dropped their respective lawsuits against each other. No settlement was made.
Introducing Rippling AI Governance: Visibility and Control
Rippling rolled out Rippling AI Governance to connect AI usage to workforce context, governing model access, spend, and agent identity from the employee graph.
Rippling and Apex Fintech Solutions Announce Collaboration to Launch Integrated Treasury Product for Businesses
Rippling and Apex Fintech Solutions said they will offer Rippling business customers a digital investing experience, starting with access to Apex's money market fund sweep program for U.S. entity acco...
Now Rippling is counter suing tiny startup Runlayer
HR startup Rippling filed a lawsuit Monday accusing MCP gateway startup Runlayer of infringing on three of its patents, according to the lawsuit seen by TechCrunch.
Rippling hits back at NYC AI startup's trade secret lawsuit in messy legal battle
“It takes a certain boldness to accuse a competitor of violating intellectual property laws while infringing on that competitor's inventions. But that's exactly what Runlayer has done here,” a spokesp...
After Rippling blew millions on AI in months, it built an employee ROI tool
HR software provider Rippling this week unveiled AI Spend Console, an anti-tokenmaxxing product that helps a company track and contain its AI spending. One of the most interesting features is that it ...
Rippling Launches AI Spend Console to Track AI Usage and ROI Across the Business
SAN FRANCISCO--(BUSINESS WIRE)--Rippling today announced AI Spend Console, a new capability that helps companies understand and control AI spend. Unlike other systems that passively report on token co...
Rippling Procurement: Buy What Your Team Needs 5x Faster
Rippling introduced Rippling Procurement, an AI procurement platform aimed at speeding software and services purchases while controlling spend and risk.
MCP startup Runlayer accuses Rippling of stealing its product idea
Runlayer, a startup that offers a secure Model Context Protocol gateway — a standard for letting AI models and agents securely pull in outside data and tools — has filed a lawsuit against HR software ...
NYC AI startup backed by tech billionaire Khosla sues Rippling over trade secret theft
Runlayer – an AI security firm backed by tech billionaire Vinod Khosla – alleged Rippling violated its confidentiality agreements during a nearly year-long commercial partnership, according to a lawsu...
Rippling Launches Direct Carrier Integrations With Guardian, MetLife and Unum
Rippling announced direct API integrations with Guardian, MetLife, and Unum under a new Preferred Carrier Program to automate benefits enrollment and reduce manual data errors.
Rippling now wants to be your entire data stack
Rippling launched Rippling Data Cloud and highlighted Business Banking with same-day payroll; CEO Parker Conrad said the company is not going public in the near term.
Sigma360 and Rippling Partner to Modernize Sanctions Screening for High-Growth Workforces
Sigma360 and Rippling announced a partnership in June 2026 to power real-time sanctions screening across Rippling's global payments infrastructure.
Rippling — 2026 CNBC Disruptor 50
CNBC's 2026 Disruptor 50 profile says Rippling crossed $1 billion in annual recurring revenue and last closed a $450 million Series G in May 2025 at a $16.8 billion valuation. CEO Parker Conrad posted...
Splashtop Powers Remote Support Within Rippling
Embedded integration enables IT teams to remotely access and control devices within Rippling, with full context from device management and identity workflows. Embedded integration enables IT teams to ...
Rippling Appoints Sonia Parandekar as SVP of Engineering and India Site Lead to Accelerate Global Product Expansion
BENGALURU, India--(BUSINESS WIRE)--Rippling, a leading workforce management company valued at $16.8 billion, announced the appointment of Sonia Parandekar as Senior Vice President of Engineering and h...
Renowned Security Architect Adrian Ludwig Joins Rippling as Chief Security Officer
SAN FRANCISCO--(BUSINESS WIRE)--Rippling, a leading business software company, announced the appointment of Adrian Ludwig as Chief Security Officer, bringing to the company one of the technology indus...
HR tech firm Rippling raises new funding at $16.8 billion valuation, no IPO plans
Rippling raises $450 million, plans $200 million employee equity repurchase. Rippling fetches higher valuation amid tariffs uncertainty.
Rippling valued at $16.8 billion as HR software startup raises $450 million, says IPO not imminent
Rippling, a seller of cloud-based human resources software, is valued at $16.8 billion in its latest funding round. The company raised $450 million, but with no lead investor.