Companies
/
Rippling
Enterprise Software
Rippling is a human resource management company that offers an all-in-one platform to help manage HR and IT operations.
$15.3B
+$45.95
3,424.98%
30 days ago
$1.34
Create an account to view live offerings, pricing, and market activity.
Sign in to view offerings and live market activity.
Sign up with Augment to see the latest market activity.
Rippling was founded in 2016 by Parker Conrad and Prasanna Sankar, with Conrad drawing on lessons from his earlier company Zenefits, an HR software startup that had faced significant regulatory and compliance controversy, to build Rippling around a more deliberately unified underlying data architecture, called a "compound startup" approach by Conrad, in which core employee data is stored once and then used to power many different connected modules spanning payroll, benefits administration, device and software management for company laptops and applications, and other workforce-related functions, rather than requiring separate, loosely integrated software products for each function as many competing HR platforms have historically offered. Rippling has expanded its product suite considerably beyond its original HR and payroll core into IT device management, spend management, and other adjacent workforce administration categories, competing with a range of more narrowly focused point solutions in each individual category while emphasizing the efficiency and consistency benefits of managing employee-related data and workflows within a single unified system. The company reported a $1 billion March 2026 revenue run rate, growing 75% year over year, an acceleration compared to the $570 million run rate and 52% growth it had reported roughly a year earlier in February 2025. Rippling has also been involved in a high-profile legal dispute with competitor Deel involving allegations of corporate espionage. In Augment's Q2 2026 Power 20 rankings, Rippling rose three positions to #15 even as its estimated secondary-market share price declined 2.3% during the quarter, with the rank improvement attributed to its accelerating revenue growth, a relatively narrow 5.3% bid-ask spread indicating a comparatively well-functioning secondary market, and the departure of other companies from the rankings that quarter.
FOR QUALIFIED INSTITUTIONAL AND ACCREDITED INVESTORS ONLY: Under federal securities laws, private market investments on this platform are available exclusively to Institutional and Accredited Investors. Verification of status required before investing. Private investments involve significant risks including illiquidity, potential loss of principal, and limited disclosure requirements. "Augment" refers to Augment Markets, Inc. and its affiliates. Augment Markets, Inc. is a technology company offering software and data services, not a bank or financial institution. Cash Accounts are provided by Modern Treasury Corp. financial institution partners and through Augment's technology. Augment does not act as a money services business, provide money transmission, or serve as a custodian of funds. Funds held in your Cash Account are not FDIC insured unless expressly disclosed. Full terms available in the Augment Cash Account Agreement. Brokerage services are offered through Augment Capital, LLC, an affiliated broker-dealer and member FINRA/SIPC. "Investment accounts" are not brokerage accounts and do not hold customer funds or securities. Investment advisory services are offered through Augment Advisors, LLC, an SEC-registered investment adviser. Registration with the SEC does not imply a certain level of skill or training. Neither Augment Advisors, LLC nor Augment Capital, LLC provide legal or tax advice; consult your attorney or tax professional regarding your specific situation. For additional information, please refer to Augment Advisors, LLC's Form ADV Part 2A (Firm Brochure) and FINRA BrokerCheck.
