Rippling Stock Price, Valuation & IPO
Private company — Rippling is privately held. Its shares are not listed on any public exchange and can only be accessed through private secondary transactions.
Status source: AXEVIL investment team
$47.44 per share (AXEVIL consensus estimate)
Source: AXEVIL consensus of recent secondary transactions · as of 27 October 2026
Last round valuation: $17B
Source: Tender Offer, May 2025, post-money
Total raised: over $1.85B
Data last updated: 27 October 2026
About Rippling
Unified platform for HR, IT, and finance management, combining payroll, benefits, devices, and corporate spend. In May 2025 the company raised $450M in a Series G at a $16.8B valuation and launched a $200M employee share buyback.
Rippling is one platform in place of dozens of programs: hiring or offboarding an employee automatically propagates through payroll, benefits, work laptops, access rights, and corporate cards. The legal entity is Rippling People Center, Inc., founded in 2016 in San Francisco. Revenue has nearly doubled since May 2025 — from $570M to $1B in April 2026. On June 25, 2026 it launched Data Cloud, a suite of seven products taking the company onto Fivetran, Snowflake, and Tableau's territory, and on June 23 an account yielding 2.25% on balances. Current valuation is $16.8B from a Series G (May 2025); more than $1.85B raised in total.
- Sector: Enterprise Software
- Headquarters: San Francisco, USA
- Founded: 2016
Key highlights
- The company has grown into its own past price. The $16.8B valuation has not changed since May 2025, while revenue over that period nearly doubled — from $570M to $1B in April 2026.
- The secondary market trades above the round price. As of August 3, 2026 shares cost $57.5, corresponding to a valuation of roughly $18.6B — 11% above the Series G.
- On June 25, 2026 Rippling moved beyond the HR market. The launch of Data Cloud, a suite of seven products, opens a direct move onto Fivetran, Snowflake, and Tableau's territory and changes what the company is compared against when valued.
- Payroll has turned into a banking service. The account launched on June 23, 2026 gives the customer 2.25% on balances and up to 3.50% in money market funds, while earning the company income on those balances independent of subscriptions.
Funding rounds
| Date | Round | Price / share | Post-money valuation |
|---|---|---|---|
| 9 May 2025 | Tender Offer | $52.00 | $17B |
| 22 April 2024 | F | $44.00 | $14B |
| 17 March 2023 | D | $42.12 | $11B |
| 21 October 2021 | C | $25.50 | $6.5B |
| 4 August 2020 | B | $5.93 | $1.4B |
| 3 April 2019 | A | $1.47 | $319M |
| 14 March 2017 | A-4 | $1.17 | $181M |
Latest news
Frequently asked questions
How can I buy Rippling stock before the IPO?
Not on a public exchange — Rippling is privately held. Shares change hands only in private secondary transactions. AXEVIL structures those as dedicated US special purpose vehicles for accredited investors, subject to availability and to the rules of your jurisdiction.
What is the Rippling stock price?
A private company has no single official share price. AXEVIL's consensus estimate is $47.44 per share as of 27 October 2026. Its most recent round implied a post-money valuation of $17B (May 2025).
What is Rippling's valuation (net worth)?
Rippling's most recent funding round valued the company at $17B post-money (May 2025) — the latest primary-market measure of what the company is worth. Secondary trades can price its shares above or below that round.
When will Rippling IPO?
No listing has been announced. AXEVIL does not forecast IPO dates — this page states what has actually been filed or reported, with the date it was last checked.
Is Rippling publicly traded?
No. Rippling is a private company and its shares are not listed on any public exchange.
Does Rippling have a stock symbol?
No. Rippling has no ticker symbol because its shares are not listed on any exchange; a symbol is assigned only at an IPO or direct listing.
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Risk disclosure
Nothing on this page is an offer to sell or a solicitation to buy any security, and it is not investment advice. Valuations and share prices shown here are AXEVIL estimates built from primary sources — filings, announced rounds and completed secondary transactions — not quoted market prices, and they can be revised. Private-company shares are illiquid, may be impossible to sell, and the entire amount invested can be lost. Availability depends on your jurisdiction and on accredited-investor status.