RipplingInvestors and Funding
Six rounds since 2020San FranciscoPayroll
Rippling has raised US$1.79bn across six rounds since August 2020. Its latest round was a US$450m Series G in May 2025, at a US$16.8bn valuation. 19 investors have backed it; Greenoaks has joined the most rounds (4, leading 1).
US$1.79bnRaisedin total
6Roundssince 2020
US$450mLatestSeries G, May 2025
19Investors
Investors
19 investors, most rounds first. Names link to the Investor Index.
| Investor | Role | Latest | Backed | |
|---|---|---|---|---|
| Greenoaks | 4 rounds | Led 1 | Apr 2024 | |
| Founders Fund | 3 rounds | Led 1 | Apr 2024 | |
| Kleiner Perkins | 3 rounds | Led 1 | May 2022 | |
| Coatue | 2 rounds | Led 1 | Apr 2024 | |
| Y Combinator | 2 rounds | Joined | May 2025 | |
| Bedrock | 1 round | Led 1 | May 2022 | |
| Sequoia Capital Global Equities | 1 round | Led 1 | Oct 2021 | |
| Sequoia Capital Global Growth | 1 round | Led 1 | Oct 2021 | |
| Baillie Gifford | 1 round | Joined | May 2025 | |
| Bedrock Capital | 1 round | Joined | Aug 2020 | |
| Dragoneer Investment Group | 1 round | Joined | Apr 2024 | |
| Elad Gil | 1 round | Joined | May 2025 | |
| GIC | 1 round | Joined | May 2025 | |
| Goldman Sachs Alternatives | 1 round | Joined | May 2025 | |
| Initialized | 1 round | Joined | Oct 2021 | |
| Initialized Capital | 1 round | Joined | Aug 2020 | |
| Sands Capital | 1 round | Joined | May 2025 | |
| Threshold Ventures | 1 round | Joined | Oct 2021 | |
| YC | 1 round | Joined | Oct 2021 |
Every round
Newest first, as announced
| When | Amount | Round | Led by | Report |
|---|---|---|---|---|
| May 2025 | US$450m | Series G | Elad Gil, Sands Capital, GIC | May report |
| Apr 2024 | US$200m | Series F | Coatue | April report |
| Mar 2023 | US$500m | Series E | Greenoaks | March report |
| May 2022 | US$250m | Series D | Bedrock, Kleiner Perkins | May report |
| Oct 2021 | US$250m | Series C | Sequoia Capital Global Equities, Sequoia Capital Global Growth | October report |
| Aug 2020 | US$145m | Series B | Founders Fund | August report |
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