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Conrad
Parker Conrad
Rank #1251
UNITED STATESTechnologySoftware

Parker Conrad

Net Worth
$3.4B
0% (24h)
Parker Conrad (born 1980) is an American entrepreneur, best known as the CEO and co-founder of Rippling, a cloud-based human resources platform. He is also the co-founder of Zenefits and SigFig. Conrad's career has been marked by both significant successes and controversies, including his departure from Zenefits amid compliance issues. His entrepreneurial journey, starting with a focus on employee benefits and HR solutions, has led to the creation of companies valued in the billions. As of early 2025, Forbes estimated his net worth at $2 billion.

The Full Dossier

Early Life and Education

Parker Conrad was born in 1980 in New York City. He attended The Collegiate School in New York City and later studied at Harvard University, where he served as managing editor of The Harvard Crimson. He graduated with a degree in Chemistry.

Career

Conrad began his career as a product manager at Amgen, a biotechnology firm. In 2007, he co-founded Wikinvest (later SigFig), a portfolio-management startup. He served as co-CEO before leaving the company in 2012. In the same year, Conrad founded Zenefits, an HR platform that experienced rapid growth, achieving a valuation of $4.5 billion by 2015. However, Zenefits faced scrutiny and compliance issues, which led to Conrad's resignation in February 2016. Following his departure, Conrad co-founded Rippling in April 2016.

Rippling

Rippling, a cloud-based human resources platform, was founded with Prasanna Sankar as CTO. The company has grown significantly, with an estimated valuation of $11.25 billion by private investors in May 2022.

Personal Life

Conrad married Alexandra MacRae in June 2011 and they live in San Francisco. He was diagnosed with and treated for testicular cancer at age 24.

Career Timeline

2016

Founded Rippling

Co-founded Rippling, a cloud-based human resources platform.

2012

Founded Zenefits

Founded the cloud-based HR platform that quickly became a tech darling.

2007

Co-founded SigFig

Co-founded the portfolio-management startup, serving as co-CEO.

Wealth Trajectory