Rippling: The $11.3B company raising $ without pitch decks

Rippling is a company that has raised over $1.4 billion while avoiding traditional pitch decks, opting instead for investor memos. The company focuses on integrating HR processes, including payroll and benefits, into a single platform using employee data, drastically reducing administrative tasks. Their approach has led to impressive growth, with a $13.5 billion valuation and $350 million in annual recurring revenue.