United States · Growth startup

Who invested in Rippling

2 rounds we have observed, with the 13 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Future of WorkHardware & ElectronicsHR Tech

Valuation: $17B, Mar 2026Y Combinator: W17

Funding summaryUpdated 5 Nov 2026

$495Mraised across 2 rounds since 2019, from 4 sources

$45MSeries A$450MGrowth
Latest round
Growth, $450MMay 2025
Step-upi
10×
Investors
13 (1 led)
See who backed them

The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2019202020212022202320242025
$45MSeries A$450MGrowth
First round
Series A, $45M
Apr 2019
Biggest round
$450M
Growth · May 2025
Between rounds
6.1 years
from the last two

The rounds

  1. May 2025
  2. Apr 2019

Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

Everyone who backed them

Kleiner PerkinsVC firm2rounds, led 1
Y CombinatorAccelerator2rounds
Sequoia CapitalVC firm1round
Founders FundVC firm1round
CoatueVC firm1round
Initialized CapitalVC firm1round
Elad GilVC firm1round
GICPrivate equity1round
Baillie GiffordAsset manager1round
ThresholdVC firm1round
Sands Capital ManagementGrowth equity1round
Goldman Sachs GrowthGrowth equity1round

Missing a round, or an investor who was in one? Tell us.

Also claim to have backed them

These 17 firms list Rippling as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

Liquid 2 VenturesVC firmPer its own site
Bling CapitalVC firmPer its own site
VenrexVC firmPer its own site
Ansa CapitalVC firmPer its own site
Josh BuckleyAngelPer its own site
Irregular ExpressionsAngel networkPer its own site
Hakluyt CapitalVC firmPer its own site
SpearheadVC firmPer its own site
Trog Hawley CapitalFamily officePer its own site
Berkeley Frontier FundVC firmPer its own site
Blue Opal CapitalPrivate equityPer its own site
CapitalXPrivate equitySeries G, per its site
ConduitAcceleratorPer its own site
Dubin & CompanyPrivate equityPer its own site
Next Round Capital PartnersVC firmPer its own site
Sweetwater Private EquityPrivate equityPer its own site
Unanimous CapitalVC firmPer its own site

Quick answers about Rippling

Who invested in Rippling?

Rippling's investors include Kleiner Perkins, Y Combinator, Sequoia Capital, Lightspeed Venture Partners and Founders Fund, and 8 more on record.

How much has Rippling raised?

Rippling has raised $495M across 2 rounds since 2019.

When did Rippling last raise?

Rippling's most recent round was a Growth of $450M in May 2025.

What was Rippling's biggest round?

Its most recent round, $450M in May 2025, is also its largest on record.

Who backed Rippling first?

Rippling's first round on record, in Apr 2019, was backed by Kleiner Perkins, Y Combinator and Initialized Capital and 1 others.

What stage is Rippling at?

Rippling's latest named round is a Growth, in May 2025.

Where is Rippling based?

Rippling is based in the United States.

Who led Rippling's rounds?

Kleiner Perkins led the Series A in 2019.

Companies like Rippling

In the same sector, and raised in the last eighteen months.

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