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 $16.7 billion as of Nov 2026, set by secondary market price, down 1% 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
$16.7B
Nov 2026
Secondary market · $/share
$52
Total raised
$1.4B
Last round
Later Stage VC
Dec 2025
What is Rippling worth?
$16.7BPrivateMarketView mark · Nov 2026

Down 1% since its Series G, May 2025 ($16.8B post-money). The secondary market quotes about $52 per share.

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The prices on Rippling
  • ·Every dated print: 7 trades with prices and structures
  • ·The monthly marks chart, 47 months in dollars
  • ·Price per share on 6 rounds
  • ·Direct lines for 115 people on the team
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Valuation timeline

7 priced rounds · 51 daily marks since · Aug 2019 – Nov 2026
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Series Arounds hold their value until the next priced eventMark, today
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Secondary market

monthly marks · 47 months · Jan 2023 – Nov 2026
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Jan 2023marks: indicative $/share, month-end · as of Nov 5, 2026Nov 2026
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Rippling funding history

14 rounds
DateRoundRaisedPost-money
Dec 2025Later Stage VC—▮
May 2025Series G$460.0M▮
May 2024Series F$200.0M▮
Apr 2024Secondary Transaction - Private—▮
Jan 2024Secondary Transaction - Private—▮
Mar 2023Series E$500.0M▮
+ 8 earlier rounds · a free Private Market View account shows the full history
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Rippling valuation

Rippling is valued at approximately $16.7 billion as of Nov 2026. The figure is set by secondary market price and confirmed by prints and round price. The secondary market quotes about $52 per share. The reference point is its Series G in May 2025, at a $16.8 billion post-money valuation; the current figure is down 1% since.

Rippling ranks 14th by valuation and 28th by capital raised among the private companies PrivateMarketView tracks.

Recent activity

In the last 90 days, Rippling's record added 2 secondary prints.

How much has Rippling raised?

Rippling has raised $1.4 billion across 14 recorded rounds since 2017. The largest was a $7.5 million seed round; the most recent was a later-stage round in Dec 2025. 7 of the rounds disclosed a post-money valuation.

Rippling secondary market activity

7 secondary trades in Rippling shares are on record, between Nov 2025 and Sep 2026. 3 prints landed in the last three months. Exact dates, prices and structures are available to Pro members.

A monthly secondary-market price series for Rippling runs from Jan 2023 to Nov 2026 (47 months).

Comparable companies

Comparable business/productivity software names by valuation on PrivateMarketView: Perplexity AI ($20 billion), CoreWeave ($18.6 billion) and Applied Intuition ($15 billion).

How Rippling's valuation is determined

Private company valuations aren’t quoted on an exchange — they’re established in moments: a priced funding round sets a post-money valuation, secondary trades print at a price per share, and SEC-registered funds holding the stock report fair-value marks in their N-PORT filings.

For Rippling, the most current credible signal sets the number and the older ones confirm it: a live secondary-market price first, then three or more recent prints, then institutional fund marks, and otherwise the last priced round, which never decays. The valuation is the last round’s post-money moved by the price change since that round, so no share count is assumed. Today it is set by secondary market price. Question about this number? Full methodology →

Frequently asked about Rippling

What is Rippling worth?
Rippling is valued at $16.7B as of Nov 2026. Down 1% since its Series G, May 2025 ($16.8B post-money).
How much has Rippling raised?
Rippling has raised $1.4B in total funding across 14 recorded rounds.
When did Rippling last raise?
Rippling last raised in Dec 2025 (Later Stage VC).