Rippling, a human resources software startup has achieved a valuation of $16.8 billion following its latest fundraising round, where it successfully raised $450 million. Notable participants included Baillie Gifford, Elad Gil, Goldman Sachs Growth, and other prominent investors, as confirmed by a statement from Rippling. This valuation represents a significant increase from $13.5 billion in its previous funding round just one year ago, underscoring Rippling's rapid growth and investor confidence in its innovative approach to human resources management software.