Rippling, an employee data management company led by Parker Conrad, raises $145M led by Founders Fund, valuing it at $1.35B, up 5x from its last valuation
- Former Zenefits founder's new company valued at $1.35 billion — Investors include Founders Fund, Kleiner Perkins and Coatue
HR software startup Rippling, led by ex-Zenefits CEO Parker Conrad, raises $45M Series A led by Kleiner Perkins, source says at a valuation of $270M
Parker Conrad's last startup Zenefits drowned in busy work. Now with Rippling, he wants to boil that ocean.
Fidelity marks down its stakes in startups: Cloudera by 38%, Dropbox by 20%, Zenefits by 25%
Rolfe Winkler / Wall Street Journal :
Leaked documents reveal Zenefits projected annual recurring revenue of $127M for 2015, but only topped $60M
Eric Newcomer / Bloomberg Business : Tweets: @roddrury Tweets: Rod Drury / @roddrury : Jeepers, Zenefits only $60m ARR !? http://www.bloomberg.com/...
Leaked documents reveal Zenefits projected annual recurring revenue of $127M for 2015, but only topped $60M
Eric Newcomer / Bloomberg Business : Tweets: @roddrury Tweets: Rod Drury / @roddrury : Jeepers, Zenefits only $60m ARR !? http://www.bloomberg.com/...
Fidelity marks down its Zenefits shares by 48% and its Dataminr shares by 35% after investing in both companies earlier this year
Dan Primack / Fortune :
Sources: Cloud HR startup Zenefits looking to raise $300M to $500M at a valuation north of $3B
Cloud HR Startup Zenefits Is Looking To Raise A Giant New Round Of Funding — Fast-moving HR and benefits startup Zenefits is looking to accelerate adoption even further.