Rippling Raises $500M in Series E Financing

Rippling

Rippling, a San Francisco, CA-based platform to manage HR, IT, and finance, raised $500M in Series E funding, at $11.25 billion.

The round was led by Greenoaks.

Led by CEO Parker Conrad, Rippling provides a platform for businesses to manage all of their HR, IT, and Finance — payroll, benefits, expenses, corporate cards, computers, apps, and more — in one unified workforce platform. By connecting every workforce system to a single source for employee data, businesses can automate all of the manual work they normally need to do to make employee changes. With Rippling, users can set up a new employees’ payroll, health insurance, corporate card, work computer, and third-party apps — like Slack, Zoom, and Office 365.

FinSMEs

21/03/2023