Get the latest tech news
HR startup Rippling is in discussions to raise at a $13.4B valuation, up from $11.25B
Late stage HRtech startup Rippling is raising new capital. The company’s new round, that has not yet closed, would inject $200 million into Rippling with
Rippling founder and CEO Parker Conrad took to X and worked the phones with his banks, investors, and its own customers to raise the cash needed to cover everyone’s payrolls. That Rippling is raising more capital in a year is not a shock; the HRtech market for payroll services and remote labor management is large, growing, and features a slate of well-funded late-stage startups. Earlier this year Deel, which focuses on payroll for teams that cross borders, said that it had reached $500 million worth of annual recurring revenue.
Or read this on TechCrunch
