“It’s the most amazing redemption story I’ve seen in my career,” says Garry Tan, managing partner at Initialized Capital.
Rippling featured in Forbes Next Billion-Dollar Startups list
Our moms will be so proud! Forbes and Fast Company both featured Rippling in their lists of future unicorns.
It was an exciting day at Rippling when Forbes named us as one of 25 fastest-growing startups most likely to reach $1 billion valuation. Rippling CEO Parker Conrad was also profiled in a feature-length story by reporter Amy Feldman for the magazine's sixth annual Next Billion-Dollar Startups issue.
To decide which companies would make the cut, TrueBridge Capital Partners asked 300 venture capital firms to nominate those they thought were most likely to become unicorns, while Forbes analyzed finances for roughly 140 startups and interviewed founders. "This list represents the 25...we think have the best shot of reaching the billion-dollar mark."
Rippling was also honored to make CB Insights and Fast Company's list of 50 Future Unicorns alongside startups like Cameo, Gong, and Ironclad.
They pick winners using an algorithm that combines a company’s financial health, the amount of traction it has, and the strength of its market. CB Insights notes that the same method was used for recent lists in which 52% and 34% of their picks went on to become unicorns.
We're immensely grateful to the customers, investors, and partners who contributed to these stories and made our success possible.
Disclaimer
Rippling and its affiliates do not provide tax, accounting, or legal advice. This material has been prepared for informational purposes only, and is not intended to provide or be relied on for tax, accounting, or legal advice. You should consult your own tax, accounting, and legal advisors before engaging in any related activities or transactions.
Author
The Rippling Team
Global HR, IT, and Finance know-how directly from the Rippling team.
Hubs
Explore more
Aug 21, 2025
|
2 min
Rippling Announces Series G Fundraising and Tender Offer
We’re pleased to announce Rippling has raised $450M in new financing and signed agreements to repurchase up to $200M of equity from current and former employees.
Aug 21, 2025
|
2 min
Rippling raises $250M in Series D funding
Rippling has raised $250M in a round co-led by Bedrock and Kleiner Perkins, with participation from existing investors Y Combinator, Sequoia Capital, and more. The round values the company at $11.25 billion.
Aug 21, 2025
|
5 min
Rippling raises $500M in Series E financing
Rippling has raised $500M in a round led by Greenoaks. The round values the company at $11.25 billion, the same as the company’s Series D financing in May 2022.
Aug 21, 2025
|
2 min
Rippling Announces Series F Fundraising and Tender Offer
We’re pleased to announce Rippling has raised $200M in new financing, and signed agreements with investors to repurchase up to $590M of equity from current employees, former employees, and early investors.
Aug 21, 2025
|
2 min
Rippling’s 2024 Investor Memo
See how Rippling's investor memo approach has shaped fundraising since 2019, now published to help entrepreneurs understand startup pitch evolution.
Aug 21, 2025
|
5 min
How Rippling Raised a $45M Series A — Without a Pitch Deck
How Rippling Raised a $45M Series A — Without a Pitch Deck
Aug 21, 2025
|
4 min
Introducing Boast & Rippling: Unlocking R&D tax credits for businesses
Learn how Rippling and Boast AI are making it easier to unlock hundreds of thousands in tax credits in both US (R&D) and Canada (SR&ED).
Aug 21, 2025
|
9 min
The incentive every accountant needs to know about: the R&D Tax Credit
Learn how to help clients qualify and save with the R&D Tax Credit, from qualifications and documentation to calculations.
See Rippling in action
Increase savings, automate busy work, and make better decisions by managing HR, IT, and Finance in one place.