Investing with Network VC Syndicate Fund in Rippling
Startup pitch
SVSY.CLUB invites you to meet Network VC’s lead analyst Vitalii Gnatenko and Network VC managing partner Vasily Nikolaev where they’ll tell you about the startup “Rippling”.
Rippling provides a unified employee management platform intended to help eliminate the administrative work of running a company. The company's platform helps to manage employee data and operations including onboarding, offboarding, payrolls, tax forms, email accounts and keycard access, enabling companies to onboard new employees seamlessly.
Users don’t have to reconcile and enter data in different systems. With 500+ integrations Rippling gives one place to manage, update, and report on everything .
What you get
The platform provides unified analytics, management and application of policies, permissions and approvals, positions management. Rippling mobile application is a part of the platform.
Most Rippling products are billed on a simple per-employee, per-month basis, some may be charged at (or include) a monthly base fee.
Terms of completing
INVESTMENT THESIS
Fast-growing sizable HR technology global market. During the post-COVID-19 phase, companies are more likely to prioritize investments in the unified employee management platform to optimize business processes and attain cost reduction.
Strong product portfolio, a hybrid of three different software categories: all-in-one payroll and benefits, an identity/Password management system, and an endpoint device management system. That’s a significant competitive advantage in the crowded market of HR solutions.
Big, experienced VCs among investors - Kleiner Perkins, Threshold Ventures, Founders Fund, Greenoaks Capital Partners, Initialized Capital Management
To: Investing with Network VC Syndicate Fund in Rippling
Startup pitch