Rippling, a workforce management software company, has secured $200 million in a funding round led by Coatue and existing investors. The round includes a $590 million tender offer, with $200 million available for employees and $390 million for seed and other investors. Rippling’s founder, Parker Conrad, emphasizes the importance of in-office collaboration and discusses the company’s broad product suite, which includes HR, payroll, IT, security, and spend management. Despite the crowded workforce management software market, Conrad believes Rippling’s approach of building a comprehensive product suite is a key differentiator.