Rippling

Business/Productivity Software · San Francisco, CA · Founded 2016 · Privately Held (backing)

Developer of a workforce management platform designed to eliminate the administrative work of running a company. Rippling is based in San Francisco, CA and was founded in 2016. It is valued at about $15.8 billion as of Oct 2026, set by secondary market price, down 6% since its Series G in May 2025. It has raised $1.4 billion across 14 recorded rounds; the latest was a later-stage round in Dec 2025.

PMV mark · valuation
$15.8B
Oct 2026
Secondary market · $/share
$47
Total raised
$1.4B
Last round
Later Stage VC
Dec 2025

Capitalization table

12 share classes, by liquidation seniority · as of May 2025
ClassLiq. prefIssue price
Series G▮▮
Series F▮▮
Series D▮▮
Series C▮▮
Series B▮▮
Series B1▮▮
+ 6 more classes · a free account shows the full cap table
Preferences, participation and issue prices are Pro.Unlock preferences + participation

Membership and data by Private Market View

Pro
The prices on Rippling
  • ·Every dated print: 4 trades with prices and structures
  • ·The monthly marks chart, 46 months in dollars
  • ·Price per share on 6 rounds
  • ·Direct lines for 115 people on the team
Pro · $99 a month
List $299 · founding price, locked for as long as you stay

Membership and data by Private Market View

Reading Rippling's cap table

Share classes are listed senior-first: in a sale or liquidation, higher-seniority preferred stock is paid its liquidation preference before junior classes and common see proceeds. A participating class takes its preference and shares in the remainder; a non-participating class chooses one or the other.

The original issue price is what investors paid per share in that class’s round — read against current secondary prices, it shows which investors are above or below water.

Frequently asked about Rippling

How many share classes does Rippling have?
Rippling has 12 recorded share classes, listed by liquidation seniority — Series G is the most senior.
How many shares has Rippling authorized?
Across its 12 recorded classes, Rippling has authorized 48,400,803+ shares.
Where does Rippling's cap table come from?
Share classes are assembled from certificates of incorporation, priced-round filings, and disclosures across Rippling's 14 recorded funding rounds.