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Havish Gupta
Figuring Out • 1y
Top YC Companies (3/20) Rippling, One place for your business to run and manage HR, IT and Finance. About It • it was founded in California, USA in 2016 by Parker Conrad and Prasanna Sankar • It holds an 8% market share in it's market. What it is • It is a tool for HR to manage employees’ payroll, benefits, devices, and apps. • It is a platform that automates manual work, like onboarding new hires. • The company can set up (or disable) an employee’s payroll, health insurance, work computer, and third-party apps, like Gmail, Microsoft Office, and Slack. Competition Its major competitor are ADP, Workday, Ultimate Software, Ceridian, etc REVENUE In 2023, it made about $100 Million in revenue. It's not profitable FUNDING • It have raised total of $2 Billion in funding from investors like YC and Sequoia Capital. • In latest series F Round it raised $200 million from Coatue at $13.5 Billion Valuation. So what do you think of this?
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