Report: Rippling in Discussions on Funding Round, $13.4 Billion Valuation

PYMNTS.com— Rippling is reportedly in discussions to raise $870 million at a valuation of $13.4 billion. This round would include a $200 million injection of capital and $670 million of shares being sold by existing stockholders, TechCrunch reported Tuesday (April 16), citing unnamed sources. Reached by PYMNTS, Rippling declined to comment on the report. This funding would be the […]

PYMNTS.com—Report: ShipBob Planning to Launch IPO With $4 Billion Valuation. ShipBob is reportedly planning to launch its initial public offering (IPO) as soon as late 2024. The listing could value the eCommerce fulfillment service provider at about $4 billion, Bloomberg reported Friday (April 19), citing unnamed sources. The firm has tapped J.P. Morgan Chase to lead its IPO and is also working with Citigroup, according […]

TechCrunch—HR startup Rippling is in discussions to raise at a $13.4B valuation, up from $11.25B. Late-stage HR tech startup Rippling is raising new capital. The company’s new round, which has not yet closed, would inject $200 million into Rippling with another $670 million worth of shares being sold by existing stockholders, according to two people familiar with the deal. This will be Rippling’s Series F and could raise its valuation […] © 2024 TechCrunch. All rights reserved. For personal use only.

ETtech.com—mistral ai: France's Mistral AI seeks funding at $5 billion valuation: report. French tech startup Mistral AI has been speaking to investors about raising several hundred million dollars at a valuation of $5 billion, The Information reported on Tuesday. It's unclear which investors Mistral has spoken to about a new funding round, the report said, citing a person with direct knowledge of the matter. Mistral's existing investors include Andreessen Horowitz, Lightspeed Ventures and Microsoft Corp, which has also backed AI startup OpenAI. Mistral did not immediately respond...