business Overview
| HQ | placeSan Francisco Bay Area |
| Business | Cloud-based phone system |
| Founded | access_time 24 years ago (founded 1999) |
| Company trajectory rank | TrueUp Rank #1335 |
| Employees | 4,000 TrueUp Rank #285 |
| Valuation | $3.4 billion TrueUp Rank #527 52 wk high: $19 B (-82%) 1 year ago: $19 B (-82%) |
| Public / Private | Public ($RNG) |
| Lists | B2B SaaS |
RingCentral is a cloud-based phone system company with 178 job openings. It is currently valued at $3.4 billion as a public company. 4,000 people work at RingCentral. The company was founded in 1999.
RingCentral grid
Employee happiness →
Growth →
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local_atm Financials
| Valuation | $3.4 billion TrueUp Rank #527 52 wk high: $19 B (-82%) 1 year ago: $19 B (-82%) |
| Revenue trailing 12 months | $1.9 billion TrueUp Rank #165 |
| Revenue growth vs. same quarter last year | 22.8% TrueUp Rank #202 |
| MULTIPLES | |
| Valuation / Revenue | 1.8x |
| Valuation per employee | $0.8 million TrueUp Rank #1589 |
| Revenue per employee | $0.5 million |
phonelink Products
| Top products | - |
| Primary customer type | emoji_people B2C |
emoji_people Culture
| Glassdoor employee reviews | 77% would recommend RingCentral to a friend (1,484 reviews) worse than 53% of tech co's 84% approve of the CEO Vlad Shmunis (978 reviews) worse than 57% of tech co's |
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rule Policies
| % of open jobs that are remote | 1% |
| home_work Remote work policy | |
| Same pay everywhere? (same work, same pay) | |
| public H1B sponsorships approved in 2021 | 17 TrueUp Rank #100 |
card_giftcard Benefits (US)
Benefit info not yet available add_boxsubmit benefit data
history Other info
Associated billionaires (source:Forbes) | #N/A - undefined |
| IPO date | Sep 27, 2013 (9 years ago) |
| Top owners at IPO | 19.6% - Vladimir Shmunis 17.2% - Sequoia Capital 16.7% - Khosla Ventures 9.0% - Vlad Vendrow 7.7% - DAG Ventures 3.1% - Robert Theis 1.1% - Kira Makagon 1.1% - Robert Lawson |
| Founder ownership at IPO | 28.6% |
| Implied founder equity split | 69% - Vladimir Shmunis 31% - Vlad Vendrow |
| Unsuccessful products trending_down | - |