Amount Raised
$870 Million
Round Type
series f
Investors
GreenoaksCoatueNapolean Ta At Founders Fund
Description
Rippling, a late stage HRtech startup, is in discussions to raise a total of $870M, with the round injecting $200 million into the company and $670 million worth of shares being sold by existing stockholders. This will be Rippling’s Series F, potentially raising its valuation to $13.4 billion.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech