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Zenefits

Other B2B Software · San Francisco, United States · Founded 2013

Zenefits helps more than 11,000 small and mid-sized companies empower their modern workforce, manage change and stay compliant MoreLess

Zenefits is a company dedicated to providing human resources (HR) and payroll software solutions specifically designed for small and mid-sized businesses. These businesses, which form the backbone of the American economy, often face unique challenges due to their limited resources and the disproportionate focus of technology providers on larger enterprises. Zenefits aims to level the playing field by offering innovative, easy-to-use, and mobile-friendly HR and payroll services tailored to the needs of these smaller companies.

Zenefits serves a diverse range of clients, including over 11,000 businesses and nonprofits, empowering around 400,000 employees through its platform. The company operates in the HR technology market, which includes services such as hiring, onboarding, employee management, payroll processing, benefits administration, and time scheduling. Zenefits integrates with 50 technology partners, ensuring a seamless experience for its users.

The business model of Zenefits revolves around providing a comprehensive, all-in-one HR platform that simplifies various administrative tasks for small and mid-sized businesses. The company makes money by offering subscription-based services, where clients pay for access to the platform and its various features. Additionally, Zenefits collaborates with broker partners for benefits, adding another revenue stream through these partnerships.

Zenefits' platform is designed to be intuitive and user-friendly, allowing business owners and employees to manage HR tasks efficiently, whether they are in the office or on the go. The company has also adapted its system to assist businesses in navigating challenges posed by events like the COVID-19 pandemic, demonstrating its commitment to supporting its clients through changing circumstances.

Keywords: HR software, payroll services, small businesses, mid-sized companies, employee management, benefits administration, time scheduling, mobile-friendly, subscription-based, technology integration.

Company overview

Zenefits company information

The essential company record, classifications and operating signals in one place.

Status
Acquired
Founded
2013
Headquarters
San Francisco, United States
Employees
227
Open positions
None listed
Dealroom signal
67.3
client focusb2bsectorGamificationsectorHuman Resourcesbusiness modelSaaSsectorData AnalyticssectorPayrollsectorBrokeragesectorFrom Unicorn to Zebra (But No $1B Exit)sectorInsurtech RelatedsectorYC W13industryJobs RecruitmentindustryEnterprise Software

Valuation & funding

Zenefits funding history

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITIONOther financing Dec 2021 $200M $200M Trinet
SERIES COther financing May 2015 $500M $4.5B Andreessen Horowitz · Khosla Ventures · Justin Mateen · Comcast Ventures
SERIES BOther financing Jun 2014 $67M $266M SV Angel · IVP · Jared Leto · Elad Gil
SERIES AOther financing Jan 2014 $15M $60M Venrock · Maverick Capital · Andreessen Horowitz
SEEDOther financing Jul 2013 $2.1M $8.4M Y Combinator · Wefunder · Aaron Levie · Charlie Cheever
SEEDOther financing Mar 2013 Y Combinator
SEEDOther financing Feb 2013 Initialized Capital
Showing 7 recorded eventsUnlock the complete deal history →

Growth signals

Zenefits website traffic

Latest recorded traffic for Zenefits is 200K monthly website visits, down 4.8% over the last three months. Zenefits's team declined 5% over the past year.

Latest monthly visits200K 3-month web change-4.8% 1-year team growth-5%
Monthly website visits142 observations · Oct 2014–Jul 2026
Hover or focus a point to see its exact monthly valueCompare with peers →

Comparisons

Zenefits compared with similar companies

Dealroom’s weighted taxonomy model identifies the closest operating peers. Company identity and context stay open; selected comparison metrics preview what is available in the platform.

Showing 8 of the closest matchesCompare every metric →

Talent graph

Zenefits's talent

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Team profiled 175 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 4 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.

Investors

35 investors on Zenefits's cap table

Sourced from Dealroom's funding and investor records. Investor profile links are shown where available.

Seed 15 investors entered at this stage
Initialized Capital
Y Combinator
Maverick Capital
Venrock
Maverick Ventures
Wefunder
Aaron Levie
Charlie Cheever
Brad Gessler
Sohail Prasad
David Petersen
David Rusenko
Titan Partners
Benjamin Ling
Adam Jackson
Series A 6 investors entered at this stage
Series B+ 13 investors entered at this stage
Other known 1 additional known investor
Trinet

Global footprint

Where Zenefits has talent and traffic

Workforce by country
7 countries with
team presence
🇺🇸 United States69.2%
🇮🇳 India21.1%
🇨🇦 Canada4.5%
🇵🇭 Philippines3%
🇵🇱 Poland0.8%
Top 5 of 7 shown

In the news

Latest news about Zenefits

Recent press, funding announcements, and product moves mentioning Zenefits — open to read from the original sources.

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Market sentiment

What the market is saying about Zenefits

An AI-synthesized read of the highest-engagement posts about Zenefits on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.

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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