HR tech company Rippling has successfully secured a $450 million Series G funding round, elevating its valuation to $16.8 billion. This represents a significant increase from its $13.4 billion valuation following a Series F round in April 2024. The funding round attracted both new and existing investors, including prominent firms like Goldman Sachs Growth and Sands Capital. Additionally, Rippling aims to support early-stage companies through its Startup Stack initiative, offering discounted services, while also dealing with a legal dispute against competitor Deel for alleged espionage.
Rippling has raised a significant Series G funding round of $450 million, escalating its valuation to $16.8 billion, showcasing rapid growth in HR tech.
The capital infusion, which included contributions from both new and existing investors, marks a substantial leap from its previous valuation of $13.4 billion.
Rippling's recent marketing push with the Startup Stack aims to engage emerging companies, highlighted by its offer of six months of free service.
The legal battle between Rippling and Deel adds a layer of competitive tension within the startup scene, with each firm responding to espionage claims in court.
Collection
[
|
...
]