+1-650-457-5617meetings@svicenter.com
+1-650-457-5617
meetings@svicenter.com

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Provider of a connected ecosystem of applications designed to integrate all human resources needs for small businesses

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Zenefits

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Provider of a connected ecosystem of applications designed to integrate all human resources needs for small businesses. The company's application manages benefits, employee on-boarding and off-boarding, tracking, selection and management of benefits and insurance plans, payroll, direct deposits and taxes, enabling small businesses to simplify and integrate all of their human resources needs and aspects into one dashboard.

Year Founded
2012
Employees
500
RevenueFY 2017
$70.6 M
General Information
  • Website

    http://zenefits.com

  • Business Status

    Generating Revenue

  • Ownership Status

    Privately Held (backing)

  • Financing Status

    Venture Capital-Backed

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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.

Zenefits Metrics
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Headquarters
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  • HQ Address Line 1
    250 Brannon Street
  • HQ Address Line 2
    Floor 3
  • HQ City
    San Francisco
  • HQ State/Province
    California
  • HQ Post Code
    94107
  • HQ Country
    United States
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