Rippling, a San Francisco company that operates a workforce management platform, will expand its operations in New York City threefold, creating 390 new jobs and unlocking a $29 million investment in New York-based research and development over the next 10 years.
The company will occupy 69,000 square feet on the 59th and 60th floors of 4 World Trade Center in lower Manhattan. Rippling is expanding its operations to harness New York City’s exceptional workforce talent and benefit from its leadership in the tech and innovation economy, fueling further growth through substantial investments in research and development.
“New York is investing in innovative businesses like Rippling that are driving growth in new industries, creating good jobs for New Yorkers, and securing the economic future for our state,” said New York Governor Hochul. “Rippling’s commitment to tripling its footprint here and investing millions over the next decade to support research and development is proof that our efforts are working, and my administration will continue to support the industry leaders whose breakthrough technologies in AI and other sectors will move our economy forward.”
Rippling has committed to creating at least 390 new jobs across its marketing, finance, legal, sales, operations, and engineering teams while retaining 173 full-time employees, supported by up to $3.5 million in performance-based Excelsior Jobs Program tax credits from Empire State Development. The expansion also enables Rippling to invest more than $29 million in research and development spending in New York State over 10 years to build new products and advance its market-leading Spend Management platform, which helps companies manage expenses more efficiently.
Empire State Development President, CEO and Commissioner Hope Knight said, “Investing in high-growth companies like Rippling strengthens New York’s reputation as a global tech hub, sparking innovation and creating good-paying jobs. ESD is thrilled to support Rippling’s expansion as part of our ongoing efforts to cultivate a thriving 21st-century economic landscape. By nurturing tomorrow’s industries today, we are unlocking promising futures and fueling inclusive prosperity for all New Yorkers.”
Rippling Co-Founder and CEO Parker Conrad said, “Rippling gives businesses one place to run HR, IT, and Finance, bringing together all of the workforce systems that are normally scattered across a company, like payroll, expenses, benefits, and computers. By consolidating all of a company’s employee data and tools into one system, Rippling enables our clients to achieve their goals faster and more efficiently. We’re grateful for Governor Hochul’s leadership as we grow the team to support our expanding business. 4 World Trade Center is the ideal location as we expand our footprint in New York City.”
Founded in 2016, Rippling streamlines human resources, information technology, and finance on a unified platform tailored for businesses with 2-2000+ employees, including through the use of artificial intelligence. Rippling consolidates employee management into a single system by centralizing payroll, benefits, device management, and more. This consolidation enables seamless, swift onboarding—allowing companies to configure payroll, corporate cards, devices, and apps for new hires in minutes. With its New York City expansion set to accommodate hundreds of additional hires, Rippling will leverage the larger footprint to keep pace with rapidly accelerating demand while cultivating an in-person work environment.
Tech:NYC President & CEO Julie Samuels said, “Rippling’s expansion and hiring plans confirm what tens of thousands of other tech companies know: New York City is one of the most attractive places in the world to build and grow a tech company. The tech sector remains committed to powering the region’s economy, and we’re thrilled that leading innovators like Rippling are choosing New York to create jobs, source top talent, and further bolster the city’s position as a global hub for innovation.”
