Focus - VC & Startups: European Energy Tech Startups Attract Record $1.3B Amid Rising VC Funding

Focus - VC & Startups

Rippling Secures $200M Funding Round, Eyes Future Expansion Despite Market Competition (10 minutes read)

Workforce management software company Rippling is closing a $200 million funding round at a $13.4 billion valuation, led by Coatue. The round also includes a $590 million tender, $200 million of which is available for employees and $390 million for seed and other investors. The company aims to provide liquidity for early employees and seed investors. The new funding will be used for R&D efforts into a new, fourth product suite, expanding beyond the firm's existing HR, payroll, IT, security and spend management suites.