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Rippling Expands New York City Operations

01/12/2024
San Francisco-based Rippling, an innovative workforce management platform, plans to expand its operations in New York, New York. The $29 million project is expected to create 390 jobs over the next ten years.

The company will now occupy 69,000-square-feet of space on the 59th and 60th floors of 4 World Trade Center. The investment will allow the company to build new products and advance its market-leading Spend Management platform, which helps companies manage expenses more efficiently.

"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?,” Rippling Co-Founder and CEO Parker Conrad said. “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."

The project is being supported by up to $3.5 million in performance-based Excelsior Jobs Program tax credits from Empire State Development.

"Investing in high-growth companies like Rippling strengthens New York's reputation as a global tech hub, sparking innovation and creating good-paying jobs,” noted Empire State Development President, CEO and Commissioner Hope Knight. “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 allows businesses to manage all of their HR, IT, and Finance — payroll, benefits, expenses, corporate cards, computers, apps, and more — in one unified workforce platform.

“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,” added Added Tech:NYC President & CEO Julie Samuels. “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.”

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