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Trinet

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Hr solutions to small to mid-sized businesses so you can focus on what your company does best

San Leandro, United StatesFounded 1988Other B2B Software
Valuation $3.59B Market cap · 2026
Revenue $4.81B Latest reported FY
EBITDA $426M Latest reported FY

About Trinet

TriNet is a professional employer organization (PEO) that provides comprehensive human resources (HR) solutions to small and medium-sized businesses (SMBs). The company operates on a co-employment model, becoming the legal employer of its clients' employees and taking on the responsibility for HR-related tasks.

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TriNet's service offerings include payroll processing, employee benefits administration, workers' compensation, and compliance with employment laws and regulations. The company bundles these services into a single, integrated platform, allowing businesses to outsource their HR functions and focus on their core operations. TriNet generates revenue by charging a fee per employee, which varies depending on the level of services provided.

The company targets a diverse range of industries, with a particular focus on technology, financial services, and life sciences. TriNet's business model is built on providing a high level of service and expertise to its clients, helping them to manage their HR costs and risks.

Source: Dealroom company data

At a glance

Status
Listed
Founded
1988
Headquarters
San Leandro, United States
Listing
IPO 2014
Employees
4,598
Open positions
72
Dealroom signal
74.3/100
Industry
Legal, Enterprise Software
Sector
Other B2B Software, Human Resources, Risk Management, Recruitment
Client focus
b2b
Investment activity
6 companies, latest Apr 2026
Capital deployed
$32M
Preferred round
ACQUISITION

Funding history

5 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
POST IPO DEBT✓Debt Aug 2023 $400M — Undisclosed ↗
ACQUISITION✓Exit Dec 2016 $440M $440M Atairos ↗
Showing the latest 2 of 5 recorded eventsBook a demo for the full funding history →

Financials

Revenue, earnings and profit over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

YearRevenueGrowthEBITDAMarginProfitMarginR&D
2026 $4.8B -3.9% $426M 8.8% $147M 3.1% $71M
2025 $5B -0.9% $346M 6.9% $155M 3.1% $71M
2024 $5.1B +2.7% $374M 7.4% $173M 3.4% $68M
2023 $4.9B +0.8% $622M 12.6% $65M
2022 $4.9B +7.6% $647M 13.2%
2021 $4.5B +12.5% $555M 12.2%
2020 $4B — $459M 11.4%
Company filings, research estimates and Dealroom dataBook a demo for the full financial model →

Growth signals

Trinet website traffic

Latest recorded traffic for Trinet is 1.3M monthly website visits, up 35.4% over the last three months. Trinet's team grew 3.9% over the past year.

Latest monthly visits1.3M 3-month web change+35.4% 1-year team growth+3.9%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on the platform.

Showing 8 of the closest matchesCompare every metric →

Investors

3 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series B and later2 investors entered at this stage

  • Saratoga Partners
  • General Atlantic

Other known investors1 additional known investor

  • Atairos
Team profiled 154 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 6 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
24 countries with
team presence
🇺🇸 United States84.7%
🇮🇳 India13.3%
🇨🇷 Costa Rica0.7%
🇨🇦 Canada0.3%
🇵🇱 Poland0.2%
Top 5 of 24 shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Trinet on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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