HR tech firm Rippling raises new funding at $16.8 billion valuation, no IPO plans

May 10, 2025

, By The Economic Times

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HR software startup Rippling said on Friday it raised $450 million in a Series G funding round, valuing the company at $16.8 billion, as it expands its ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/workforce-management” target=”_blank”>workforce management products and focuses on growing revenue globally over profitability. Y Combinator, Elad Gil, Sands Capital, rel=”dofollow” href=”https://economictimes.indiatimes.com/general-insurance-corporation-of-india/stocks/companyid-12266.cms” data-ga-onclick=”Inarticle articleshow link click#Tech#href” target=”_blank”>GIC and Goldman Sachs Growth, along with other existing investors, participated in the round. In addition to the primary financing, the San Francisco-based startup also plans to repurchase up to $200 million of equity from current and former employees through a tender offer.

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HR tech firm Rippling raises new funding at $16.8 billion valuation, no IPO plans

May 10, 2025

, Published By The Economic Times

HR software startup Rippling said on Friday it raised $450 million in a Series G funding round, valuing the company at $16.8 billion, as it expands its ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/workforce-management” target=”_blank”>workforce management products and focuses on growing revenue globally over profitability. Y Combinator, Elad Gil, Sands Capital, rel=”dofollow” href=”https://economictimes.indiatimes.com/general-insurance-corporation-of-india/stocks/companyid-12266.cms” data-ga-onclick=”Inarticle articleshow link click#Tech#href” target=”_blank”>GIC and Goldman Sachs Growth, along with other existing investors, participated in the round. In addition to the primary financing, the San Francisco-based startup also plans to repurchase up to $200 million of equity from current and former employees through a tender offer.

…

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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iOS 18.5 coming next week: Here’s everything new

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Swiggy Q4: losses nearly double to Rs 1,081 crore despite 45% revenue growth

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