Private Market View

Rippling

Business/Productivity Software · San Francisco, CA · Founded 2016 · Privately Held (backing)

PA Mark · $/share
$58
Sep 2026
Implied valuation
$17.8B
Total raised
$1.4B
Last round
Seed Round

Capitalization table

12 share classes, by liquidation seniority · as of May 2025
ClassLiq. prefIssue price
Series G
Series F
Series D
Series C
Series B
Series B1
+ 6 more classes · a free account shows the full cap table
Class structure is public. Preferences and prices are the product.Unlock preferences + participation
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  • ·Post-money valuations for all 14 rounds
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Reading Rippling's cap table

Share classes are listed senior-first: in a sale or liquidation, higher-seniority preferred stock is paid its liquidation preference before junior classes and common see proceeds. A participating class takes its preference and shares in the remainder; a non-participating class chooses one or the other.

The original issue price is what investors paid per share in that class’s round — read against current secondary prices, it shows which investors are above or below water.

Frequently asked

How many share classes does Rippling have?
Rippling has 12 recorded share classes, listed by liquidation seniority — Series G is the most senior.
How many shares has Rippling authorized?
Across its 12 recorded classes, Rippling has authorized 48,400,803+ shares.
Where does Rippling's cap table come from?
Share classes are assembled from certificates of incorporation, priced-round filings, and disclosures across Rippling's 14 recorded funding rounds.
Live secondary market
offer $48.002 active listings

Indicative levels observed on the secondary market. Private Market View is a data platform — it does not execute transactions or take buy or sell interest.