Cloud-based HR and benefits administration platform providing payroll, benefits management, employee onboarding, and engagement solutions for small to mid-market businesses.
Zenefits has been acquired
This company is no longer available on our private secondary market.
Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Founded
2013
Employees
242–501
Total Funding
$583.6M
4 rounds
Latest Valuation
$4.5B
May 1, 2015
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Total raised $583.6M across 4 rounds
Last updated 06-25-2026
| Date | Round | Amount Raised | Valuation | Lead Investors |
|---|---|---|---|---|
| May 2015 | Series C | $500M | $4.5B | Fidelity Management & Research, TPG |
| Jun 2014 | Series B | $66.5M | — | Andreessen Horowitz |
| Jan 2014 | Series A | $15M | — | Andreessen Horowitz |
David Sacks
Chief Executive Officer
Josh Stein
Chief Compliance Officer
Competitor list is illustrative and may be incomplete, stale, or erroneous.
ADP
Leading provider of cloud-based HR, payroll, and talent management solutions for businesses of all sizes.
BambooHR
HR software platform for small to mid-market businesses providing employee management, time tracking, and benefits administration.
Workday
Enterprise-grade cloud HR and financial management platform with advanced analytics and talent development features.
Rippling
All-in-one workforce management platform founded by Parker Conrad covering HR, IT, and payroll.
Paychex
Payroll and human capital management solutions provider for small to mid-sized businesses.
Gusto
Modern payroll, HR, and benefits platform designed for small businesses.
Access live market data
Sign UpData collected with AI, which can make mistakes. Please double-check this information.