The ripples are raised 450 million dollars with a rating of $ 16.8 billion, and it reveals that YC is a customer

HR Tech Startup ripple The company raised a round of $ 450 million in the G series, with a value of $ 16.8 billion. It is also making a $ 200 million tender to give current and former employees some liquidity.

The shares have raised a big rating in the evaluation a year ago. In April 2024, the ripple was Worth 13.4 billion dollars When I raised a 200 million dollar chain series led by Coature and offered a tender of $ 590 million, with $ 200 million available to employees. (Other $ 390 million was available to seeds and other investors.)

The latest financing, Bloomberg I mentioned It was in business last month, and it includes the participation of a group of new and current investors. Among the new supporters are Sands Capital, GIC, Goldman Sachs Growth and Baillie Gifford. Players such as Elad Gil, Y Combinator and others also participated.

Culture is one of the many Yombinator success stories. I graduated from the 2017 Winter Group and YC appears to have become a client of Rippling earlier this year.

In new Case studyYC has also promoted Rippling as a “selection tool” for the human resources for “all ACCELERATOR founders. (Tamulum so far” a special founder mode “for YC -funded companies.)

Interestingly, the CEO of the Tamouj Company and co -founder Parker Conrad earlier this week shared more information about his new company Start startupAnd that appears to be a boost to work with companies in the previous stage. In the LinkedIn post, the company said it is already operating with more than 15,000 startups, including the index (Anysphere), Clay, and Sierra. The company appears to be marketing the new stack strongly, as startups offer “six months of ripples for free”.

The increase in marketing and raising the capital comes in the middle suit The ripples against her opponent Del were submitted by allegedly appointing an employee to spy on the secrets of internal trade. Del is also a y combinator grad (Winter 2019) and raising a Doubling Against ripples in April, he rejected these allegations and made some of them.

With this last injection of capital, the ripple now raised $ 1.85 billion. It has more than 20,000 customers and more than 4,000 employees. Among other investors are Kleiner Perkins, Greenoaks Capital and Founders Fund. Company Recently arrived $ 570 million of annual revenue, according to the sources that spoke to the information.

Ripbling was founded in 2016, its offer has evolved over time and now has twenty products, including salary lists, advantages, SSO management, identity management, Bill Pay, and corporate cards. The new capital will help her accelerate her expansion in new markets, “enhance” current products, and support the development of new products.