Rippling CEO on raising $143 million, taking on Zenefits - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 51 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 51%

日本 ニュース ニュース

日本 最新ニュース,日本 見出し

Rippling CEO Parker Conrad says that the $143 million his cloud HR startup just raised will help it overtake Zenefits, the company he cofounded but left amid scandal

Earlier this week, Parker Conrad, CEO and cofounder of hot startup Rippling, announced that the company had raised $143 million in a Series B round led by Founders Fund. Notably, Rippling competes with Zenefits — the human resources startup that Conrad founded, but then left suddenly four years ago amid allegations that he misled investors.

That's what he sought out to do at Zenefits, the fast-growing cloud platform he cofounded and led as CEO, before being suddenly and unceremoniously leaving the companythat he misled investors and violated SEC rules, and a scandal over the company's compliance with insurance regulatory standards. This was underscored this week when Rippling announced that it has raised $143 million in a Series B round led by Founders Fund, boosting the startup's total investments to $197 million at an estimated valuation of $1.35 billion.

"Prasanna and I started Rippling four years ago because we felt we'd discovered a secret hidden in plain sight," he said in aannouncing the funding. "We'd both previously led startups that drowned in back office busywork, and we believed the source of nearly all of it was the need to manually update employee information in dozens of different business systems every time someone joins a company, gets a raise, or needs access to a new app.

 

コメントありがとうございます。コメントは審査後に公開されます。
このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 729. in JP

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

Inside Meghan Markle and Prince Harry's new life in Los Angeles - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Harry has rejected the traditional role of Court Buffoon which the courtiers and press have forced onto “spares” in the past. William will have to earn his respect without a manufactured “foil”. And who cares? We're so beyond, 'lifestyles of the rich and kinda famous.'
ソース: BusinessInsider - 🏆 729. / 51 続きを読む »

Inside story: Humana's $100 million bet on telehealth startup Heal - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
ソース: BusinessInsider - 🏆 729. / 51 続きを読む »

Unemployed during coronavirus pandemic: Business Insider survey - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Well Good Evening, check me out then Work at a university. So yup. Unemployed. And they are clueless how to reopen so far.
ソース: BusinessInsider - 🏆 729. / 51 続きを読む »

Ford CEO Jim Hackett succeeded in changing the carmaker's culture - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Many people lost their jobs because of the coronavirus, I... For Donate Bitcoin Wallet : 1PVZ2Gw7pa9a6J8K2NccSXNtJRPLZwgyrg God bless you. 1PVZ2Gw7pa9a6J8K2NccSXNtJRPLZwgyrg Ford is still way behind the curve. They should take their lead from Tesla ! Really? Like the women on executive row are executives, not secretaries? How many women and POC are in executive/leadership positions? I remember a good ‘ol boys club that was almost completely white men, a few men of color, and a very few women. Ford
ソース: BusinessInsider - 🏆 729. / 51 続きを読む »

Papa John's sales soar amid pandemic, as CEO bets on long-term growth - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. People must be desperate if they're ordering PapaJohns
ソース: BusinessInsider - 🏆 729. / 51 続きを読む »