Rippling Stock for Accredited Investors

HR Tech
By UpMarket Research  |  Last updated: September 2026
CEO Parker Conrad Founded 2016 HQ San Francisco, US

Rippling is a workforce management platform that unifies HR, IT, finance, and payroll on a single employee data system. It helps companies automate administrative work and manage core employee operations across apps and systems. In May 2025, Rippling raised $450 million in its Series G at a $16.8 billion post-money valuation, led by no single lead investor; new backers Sands Capital, GIC, Goldman Sachs Growth/Alternatives, Baillie Gifford (Reuters and TechCrunch).

Access to pre-IPO shares is available to accredited investors through UpMarket.

Last Reported Valuation
$16.8B
Series G, 05/09/25, Reuters and TechCrunch
UpMarket Estimate
$16.8B
Based on UpMarket valuation model
Previous Round Valuation
$13.5B
Series F, Apr 2024

How to Invest in Rippling Through UpMarket

Rippling shares are not on public exchanges. UpMarket provides accredited investors access through secondary market transactions.

Step 01

Verify accredited investor status

Confirm eligibility under SEC Rule 501 of Regulation D. Income or net worth threshold applies.

Step 02

Create an UpMarket account

Complete KYC/AML onboarding. Typically 1–2 business days. Licensed rep assigned on signup.

Step 03

Review available Rippling offerings

Full offering memoranda and risk disclosures provided before any commitment is required.

Step 04

Complete subscription documents

Review and sign subscription agreement. All documents handled digitally through the platform.

Step 05

Fund your investment

Wire transfer or ACH. $50K minimum. Funds held in custodial account until close.

Pre-IPO investments are illiquid, speculative, and involve risk of total loss of capital.

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Valuation Growth Over Time

Post-money valuation by round
Previous rounds Most recent
DateRoundAmount raisedValuation
May 2025 Series G $450M $16.8B
Apr 2024 Series F $13.5B

Rippling's most recent reported round is its Series G, announced May 9, 2025. It raised $450 million at a reported post-money valuation of $16.8 billion, led by no single lead investor; new backers Sands Capital, GIC, Goldman Sachs Growth/Alternatives, Baillie Gifford. Source: Reuters and TechCrunch. Data as of September 27, 2026.

Rippling Revenue and Growth

Annual revenue

Why Investors Are Watching Rippling

Growth Signal

Rippling’s early customer growth accelerated to 29% monthly

Contrary Research says Rippling’s growth rate accelerated to 25% in the last four months of 2018 and reached a 29% monthly growth rate in January 2019. That pattern suggests strong early product-market pull before the company’s later scale-up phase.

Competitive Moat

All-in-one HR, IT and Finance stack raises switching costs

Rippling markets an all-in-one platform spanning HR, IT and Finance, which can deepen product dependency across multiple workflows. The company also targets portfolio value creation by giving customers real-time visibility and tools to improve EBITDA.

Market Opportunity

Private equity push opens a large value-creation channel

Rippling’s private equity offering is aimed at portfolio companies, a channel where operational efficiency and EBITDA improvement are major priorities. By bundling HR, IT and Finance software, Rippling is positioned to sell into a broad base of PE-owned businesses.

Interested in Rippling stock? Fill out the form above or sign up directly. Subject to availability. Accredited investors only.

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Rippling Leadership Team

Parker Conrad
CEO
Adil Syed
CFO
Matt Epstein
CMO

UpMarket Investment Curation Process

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Rippling Stock FAQ

No. As of March 2026, Rippling is a private company and does not trade on any public stock exchange. Accredited investors can access Rippling shares through UpMarket, a FINRA-registered broker-dealer that specializes in pre-IPO investments.

Rippling does not have a public stock price because it is privately held. The most recent known share price comes from its last funding round. Pre-IPO share prices on the secondary market may differ from the last round price depending on supply, demand, and market conditions.

Yes. Accredited investors can indicate interest in Rippling shares through UpMarket by filling out the form on this page or creating an account at upmarket.co. All pre-IPO offerings are subject to availability and require a $50,000 minimum investment. UpMarket is a FINRA-registered broker-dealer and has brokered alternative investments since 2019.

Pre-IPO investments carry significant risks. Rippling shares are illiquid, meaning there is no public market to sell them quickly. There is no guaranteed exit timeline or return. The investment is speculative in nature, and investors should be prepared for the possibility of total loss. Valuations of private companies can fluctuate substantially between funding rounds. Investors should consult their financial advisor and review all offering documents before investing.

In a pre-IPO transaction, accredited investors purchase shares from existing shareholders (such as employees, early investors, or other holders) through secondary market platforms. The company itself does not issue new shares in these transactions. UpMarket facilitates these trades as a FINRA-registered broker-dealer, handling compliance, documentation, and settlement on behalf of both parties.

There are two primary exit paths for pre-IPO holdings: selling your shares on the secondary market to another buyer, or holding until the company completes an IPO or is acquired. Both paths are subject to transfer restrictions, company approval (right of first refusal), and market conditions. The timing of any exit is unpredictable, and investors should plan for a multi-year holding period.

The minimum investment for most pre-IPO offerings on UpMarket is $50,000. This amount may vary depending on the specific offering and share availability. There are no fees to create an UpMarket account or browse available investments. Investors only pay transaction-related fees when they complete an investment.

UpMarket's valuation estimate of $16.8B is derived from a proprietary model that incorporates multiple data sources: funding round data (Caplight), revenue estimates (Sacra), secondary market pricing, and public company comparables. The model applies a private company discount to the public comp multiple to account for illiquidity and information asymmetry. This estimate is not investment advice and may differ substantially from the price at which shares actually trade.

Rippling was valued at $16.8B in its May 2025 Series G. Accredited investors can request Rippling access through UpMarket.

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