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 2015
Total raised $583.6M across 4 rounds
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Last updated 06-25-2026
Latest Round
Type
Series C
Date
May 2015
Amount
$500M
Valuation
$4.5B
Lead Investors
| Date | Round | Amount Raised | Valuation | Lead Investors |
|---|---|---|---|---|
| May 2015 | Series C | $500M | $4.5B | Fidelity Management & Research, TPG |
| June 2014 | Series B | $66.5M | — | Andreessen Horowitz |
| January 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.
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