Flexport vs Rippling
Side-by-side equity comparison for employees weighing offers at Flexport or Rippling. Valuations, funding history, headcount growth, and secondary-market context.
| Flexport | Rippling | |
|---|---|---|
| Latest valuation | $8B | $17B |
| Latest round | Series E | Series F |
| Round date | February 2022 | March 2024 |
| Total raised | $2.3B | $1.4B |
| Founded | 2013 | 2016 |
| Headquarters | San Francisco, CA | San Francisco, CA |
| Employees | 2,822 | 7,248 |
| Employee YoY growth | +4% | +47% |
| Primary industry | Transportation & Logistics | HR & Workforce |
| Secondary-market price | $3.28 | $36.64 |
| Base-case equity multiple | — | 2x |
| Upside equity multiple | — | 3x |
| Lead investors | Founders Fund, SoftBank Vision Fund | Founders Fund, Greenoaks Capital |
| Status | private | private |
Overview
Digital freight forwarder and supply chain logistics platform that helps businesses ship goods globally with real-time visibility.
Rippling provides a unified workforce platform that combines HR, IT, and finance management including payroll, benefits, device management, and expense tracking.
Why we compare these
Flexport and Rippling both appear on Sara's List 2021 .
If you're evaluating offers at either one, the equity math depends on more than the headline valuation — dilution, strike price, time to liquidity, and concentration risk all matter. Use our equity compensation calculator and exit calculator to model your own numbers.