While scaling and managing teams at two of the largest unicorns in the Middle East and North Africa (MENA) region, Akeed Azmi and David Reche stumbled on what they believed was a $ 2 billion opportunity. They realized that their former employers at Careem and Kitopi as well as other local businesses in the region struggled with payroll management […]
Is your company AI-washing? Rippling founder Parker Conrad thinks it might be.
Parker Conrad, founder of Rippling, an HR startup valued at $ 13.5 billion, shared some interesting thoughts about AI during a recent appearance on our Found podcast. “No one actually wants to chat with their HR software beyond the sort of novelty of like, oh, my gosh, it responds to me,” he said. He also […]
Rippling bans former employees who work at competitors like Deel and Workday from its tender offer stock sale
Investor demand has been so strong for shares of hot HR startup Rippling – over $ 2 billion worth of term sheets, it says – that it is allowing former employees to also participate in its giant, tender offer sale, the company told TechCrunch. But there is one big exception: it has banned former employees […]
HR startup Rippling is in discussions to raise at a $13.4B valuation, up from $11.25B
The round could total $ 870M, including $ 670M worth of secondary Late stage HRtech 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 […]
Rippling opens Asia-Pacific HQ as its international expansion gears up
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. The company, which already has 10,000 customers and is valued at $ 11.25 billion, will invest millions of dollars in its APAC expansion, co-founder Parker […]