Zenefits Status
The company raised $512.57 million of Series C venture funding from lead investor Fidelity Investment and TPG Growth on May 1, 2015, putting the company's pre-money valuation at $3.99 billion. Comcast Ventures, Founders Fund, Khosla Ventures, Insight Venture Partners, FJ Labs, Panorama Point Partners, Sound Ventures, Andreessen Horowitz, Institutional Venture Partners, Otter Rock Capital, EPIC Ventures, Foresite Capital, Peregrine Ventures (California), Team in Residence, Tao Capital Partners, Perceptive Advisors, Green Bay Ventures and Jared Leto also participated. As of March 31, 2016, the company was valued at $5.31 per share by Fidelity Investments, representing a 64.36% markdown from the Series C investment.
Add a review