Rippling in Funding Talks at More Than $13 Billion Valuation

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.

Parker Conrad

Photographer: Betty Laura Zapata/Bloomberg

A representative for Rippling said the information wasn’t accurate, but declined to provide further comment.

The talks with investors are ongoing, with plans to finalize terms within a few weeks, one of the people said. The discussions are still fluid and the numbers could ...