Startups

Rippling in Funding Talks at More Than $13 Billion Valuation

  • Parker Conrad’s startup said to be raising $500 million
  • Rippling earlier raised $500 million during SVB collapse
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Business software startup Rippling is in talks to raise new funding at a valuation of between $13 billion and $14 billion, according to people familiar with the discussions.

The company plans to raise about $500 million in the deal, said one of the people, who asked not to be identified because the information is private.