#1253

Parker Conrad

United States 46 years old Self-Made

Overview

Source of Wealth
Software
Industry
Technology
Residence
San Francisco, California
Education
Harvard University (Bachelor of Arts/Science)
Marital Status
Married

Biography

Parker Conrad is the cofounder and CEO of human resources software startup Rippling.

Conrad owns an estimated 20% of the company, which private investors valued at $16.8 billion in May 2025.

Conrad cofounded the company in 2016 after resigning under pressure as CEO of Zenefits, the HR startup he founded in 2013.

Zenefits, worth $4.5 billion at its peak, slashed its valuation by more than half in 2016 amid compliance investigations related to its insurance sales.

Conrad worked at biopharma company Amgen and in 2007 moved to San Francisco to start Wikinvest, now called SigFig, with a college friend, who eventually forced him out of the company.

A battle with testicular cancer led Conrad to become an expert on the U.S. healthcare system. He founded Zenefits with $20,000 in savings.