Announced
Completed
Financials
Sources
Tags
Domestic
Venture Capital
Acquisition
Minority
Friendly
Private
Software
human resources software
software development
United States
Completed
Private Equity
Single Bidder
Synopsis
Greenoaks Capital, a private equity firm, led a $500m Series E funding round in Rippling, a human resource management company that offers an all-in-one platform to help manage HR and IT operations. The emergency round facilitated by Greenoaks Capital gives Rippling the same valuation it fetched in a fundraising last year, despite a market correction that’s prevented most startups from raising money at favorable terms.
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