Rippling, a leading HR tech startup, is in talks to secure a $13.4 billion valuation, marking a significant increase from its previous valuation of $11.25 billion.

Quick Summary:

Late stage HRtech startup Rippling is raising new capital.

HR startup Rippling is in discussions to raise at a $13.4B valuation, up from $11.

It’s unclear how much of this cash is for the new Series F shares and how much will be used to buy shares from other investors, because existing investor Coatue is actually leading the round.

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Article Details

Author / Journalist: Marina Temkin

Category: StartupsBusiness

Markets: United States

Topics: Gusto Founders Fund Deel Venture Startups Rippling

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-04-16 @ 20:39:27 (1 months ago)

News Timezone: GMT -5:00

News Source URL: techcrunch.com

Language: English

Article Length: 463 words

Reading Time: 3 minutes read

Sentences: 19 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TechCrunch

News ID: 20707762

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