Rippling

A decade-old drama involving VC David Sacks and Rippling founder Parker Conrad has blown up on X with many among the Silicon Valley elite taking sides.

Here’s why David Sacks, Paul Graham and other big Silicon Valley names had a brawl on X over VC behavior

The round was led by KKR and Teachers’ Ventures Growth, an investment arm of Ontario Teachers’ Pension Plan.

Japan’s SmartHR raises $140M Series E as strong demand for HR tech boosts its ARR to $100M

Welcome to TechCrunch Fintech! This week, we’re looking at Rippling’s controversial decision to ban some former employees from selling their stock, Carta’s massive valuation drop, a GenZ-focused fintech raise, and…

Rippling’s tender offer decision draws mixed — and strong — reactions

Investor demand has been so strong for Rippling’s shares that it is letting former employees particpate in its tender offer. With one exception.

Rippling bans former employees who work at competitors like Deel and Workday from its tender offer stock sale

Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Sign up here to get it in your inbox every Friday. Ticktock,…

So are we banning TikTok or what? Also: Can an influencer really tank an $800M company?

Last week, TechCrunch broke the news that the workforce management software outfit Rippling was on the cusp of closing a new, $200 million round of funding at a hefty $13.4…

Rippling’s Parker Conrad on the company’s new round, new SF lease and, also, its newest critic

It’s been more than a minute since Tesla went public, but the EV company was inescapable on TechCrunch this week. From layoffs to pricing changes…

Tesla’s newsy week, and is fintech having a moment?

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HR startup Rippling is in discussions to raise at a $13.4B valuation, up from $11.25B

Late-stage HR tech startup Rippling is raising new capital. The company’s new round, which has not yet closed, would inject $200 million into Rippling with another $670 million worth of shares being sold by existing stockholders, according to two people familiar with the deal.  This will be Rippling’s Series F…

HR startup Rippling is in discussions to raise at a $13.4B valuation, up from $11.25B

After recent launches in the United Kingdom and Ireland, workforce management platform Rippling is continuing its ambitious international expansion with the opening of its Asia-Pacific headquarters in Sydney, Australia today.…

Rippling opens Asia-Pacific HQ as its international expansion gears up

Hello, and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. We had…

Not-so-fake dry powder, AI and the future of DAOs

Let’s consider potential IPOs in the HR technology market: Rippling, Gusto, Deel and Velocity Global are all on our list.

When the tech IPO market reopens, keep an eye on HR unicorns

As a serial entrepreneur who has famously endured some ups and downs, Parker Conrad thought he’d seen it all. Still, he never imagined that there would be a run on…

A $500 million term sheet in 12 hours: How Rippling struck a deal as SVB was melting down

Ben Ling, a prolific angel investor turned venture capitalist, has never put a lot of stock in the need for a new, decentralized internet. It’s why the firm he founded…

Bling Capital has $212M to invest across two new funds — and two coasts

When Parker Conrad founded Rippling in 2016, the HR company initially focused on the process of onboarding employees. It has since evolved  to manage all aspects of employee data, from…

One month after entering the spend management space, Rippling goes after global payroll

Roughly one month ago, we reported that Rippling, a SaaS company that makes employee data the focal point of a sprawling, multi-pronged offering, had raised $250 million in its latest…

Parker Conrad: ‘I like working with people who have a chip on their shoulder’

Late last month, Rippling, the now five-year-old company founded by serial entrepreneur Parker Conrad, raised $250 million in Series C funding in a round that pushed its valuation to a…

Here’s how Rippling, fresh off its Series C round, aims to center companies around  ’employee identity’

Goodly, a three-year-old, San Francisco-based startup, has been steadily building its business with a five-person team and not much funding — $1.5 million secured in 2019 and, more recently, an…

Goodly, focused on student loan repayment as an employee benefit, finds tailwinds

Founded by entrepreneur Parker Conrad in 2013, the HR company Zenefits was quickly anointed one of the fast-growing companies in Silicon Valley, with a valuation that soared to $4.5 billion…

Parker Conrad’s Rippling is now valued at $6.5 billion — more than Zenefits at its peak

The dashboard enables businesses to automatically store, ship and retrieve employee computers in a way that is remote and hands-free.

Rippling launches computer inventory management as more workers remain remote

Big news today the world of IT startups targeting businesses. Rippling, the startup founded by Parker Conrad to take on the ambitious challenge of building a platform to manage all…

Rippling nabs $145M at a $1.35B valuation to build out its all-in-one platform for employee data

Remember when Zenefits imploded, and kicked out CEO Parker Conrad. Well, Conrad launched a new employee onboarding startup called Rippling, and now he’s going after another HR company called Gusto…

Rippling starts billboard battle with Gusto

It was a brilliant idea. It allowed Sequoia to keep tabs on entrepreneurs — and nascent technologies — not yet in its universe. It cemented the firm’s ties to the…

A peek inside Sequoia Capital’s low-flying, wide-reaching scout program

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Rippling raises $45M at $270M to be the biz app identity layer

Parker Conrad’s last startup, Zenefits, drowned in busy work. Now with Rippling, he wants to boil that ocean. Instead of trying to nail one thing then expand, “very counter to conventional wisdom, we took on something that’s a lot broader and more ambitious.” That meant spending two years with 40…

Rippling raises $45M at $270M to be the biz app identity layer

Parker Conrad likes to save time, even though it’s gotten him in trouble. The former CEO of Zenefits was pushed out of the $4.5 billion human resources startup because he…

Zenefits’ Parker Conrad returns with Rippling to kill HR & IT busywork

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Spearhead is transforming founders into angel investors

Becoming an angel investor is simple in principle: have money and invest. Unfortunately for many of the smartest founders in the startup ecosystem, that requirement can prove a complete block on investing in the companies they see day after day, since early liquidity can be hard to find for founders.…

Spearhead is transforming founders into angel investors

Roblox gets $92 million in new funding, Parker Conrad’s new company, Rippling and Waze and Spotify partner up to play music and navigate seamlessly. All this on Crunch Report.

Parker Conrad’s last venture at Zenefits didn’t end so well, what with his departure as CEO and the company having to re-orient itself. But he’s once again starting a company…

Zenefits founder Parker Conrad takes another crack at HR onboarding