About TriNet
TriNet is a company based in Dublin (United States) founded in 1988. TriNet has raised $60 million across 2 funding rounds from investors including Saratoga Investment. The company has 3,600 employees as of December 31, 2024. TriNet has completed 8 acquisitions, including Clarus R+D, Cocoon and Expense Cloud. TriNet offers products and services including Payroll Services, Benefits Administration, and HR Platform. TriNet operates in a competitive market with competitors including Gusto, ADP, Paycor, Paychex and Personio, among others.
- Headquarter Dublin, United States
- Employees 3600 as on 31 Dec, 2024
- Stage Public
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Sectors
Business Services
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Email
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Phone
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Website
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Social
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- Legal Name Trinet Group, Inc.
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Annual Revenue
$5.05 B (USD)1.18as on Dec 31, 2024
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Net Profit
$173 M (USD)-53.87as on Dec 31, 2024
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EBITDA
$418 M (USD)-36.86as on Dec 31, 2024
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Total Equity Funding
$60 M (USD)
in 2 rounds
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Latest Funding Round
$60 M (USD), Private Equity Round
Jun 01, 2009
- Investors
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Employee Count
3600
as on Dec 31, 2024
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Investments & Acquisitions
Clarus R+D
& 7 more
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IPO & Listings of TriNet
TriNet is a publicly listed company on the NYSE with ticker symbol TNET in USA, operating in the Commercial services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of TriNet
TriNet offers a comprehensive portfolio of products and services, including Payroll Services, Benefits Administration, and HR Platform.
Processes payroll and ensures tax compliance for businesses.
Manages health, retirement, and voluntary perks programs.
Offers tools for tracking, analytics, and performance management.
People of TriNet
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Software Development Team
180 people
Sales and Marketing
114 people
Leadership Team
79 people
Human Resources and Administration
74 people
Product Management Team
61 people
Senior Team
51 people
Finance and Accounting
23 people
Associate Team
16 people
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Funding Insights of TriNet
TriNet has successfully raised a total of $60M across 2 strategic funding rounds. The most recent funding activity was a Private Equity Round of $60 million completed in June 2009. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in TriNet
TriNet has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Saratoga Investment.
| Investor | Description | Founded Year | Domain | Location |
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Private equity investment firm investing in the US
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Investor details for TriNet
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
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- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by TriNet
TriNet has strategically engaged in corporate development activities, having acquired 8 companies. Notable acquisitions include Clarus R+D, Cocoon and Expense Cloud.
Investment portfolio details for TriNet
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Employee leave management software is provided by Cocoon.
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Locked | Locked | 2020 | Locked | |
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R&D tax credit management software is developed for businesses.
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Locked | Locked | 2016 | Locked | |
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HR solution for charter schools
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Locked | Locked | 2013 | Locked |
Complete acquisition details for TriNet
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- Transaction dates
- Acquired stakes
- Disclosed values
- Domains and locations
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Financial Statements - TriNet
Detailed financials for TriNet
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- Historical revenue
- Profit trends
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Trinet Comparisons
Peer comparison for TriNet
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- Headcount comparison
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- Operating benchmarks
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Competitors of TriNet
TriNet operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Gusto, ADP, Paycor, Paychex and Personio, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Cloud-based HR and payroll solutions are offered for small businesses.
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Cloud-based HR management solutions are offered for payroll and compliance.
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Cloud-based HRMS platform is provided for small and medium-sized businesses.
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Cloud-based HRMS solutions are delivered for payroll and employee management.
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Cloud-based HRMS platform is offered for small and medium-sized businesses.
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Detailed competitors of TriNet
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
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Latest news on Trinet
Complete news archive for TriNet
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- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
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Frequently Asked Questions about TriNet
TriNet was founded in 1988 and raised its 1st funding round 16 years after it was founded.
TriNet is headquartered in Dublin, United States.
Burton M Goldfield is the current CEO of TriNet.
TriNet is a funded company, having raised a total of $60M across 2 funding rounds to date.
As of Dec 31, 2024, the latest employee count at TriNet is 3,600.
Annual revenue of TriNet is $5.05B as on Dec 31, 2024.
TriNet was founded in 1988 and is headquartered in Dublin, United States. A cloud-based human resources management system is provided for small and medium-sized businesses across sectors including consulting, entertainment, health care, hotels and resorts, legal, life services, manufacturing, real estate, restaurants, and retail. Services encompass human resources solutions, employee benefits management, health benefits administration, human capital management, payroll processing, talent acquisition, and risk management.
TriNet offers Payroll Services, Benefits Administration, and HR Platform.
Yes, TriNet is publicly traded on NYSE under the ticker symbol TNET.
TriNet has made 8 acquisitions, including Clarus R+D, Cocoon, and Expense Cloud.
TriNet has 1 investor. Key investors include Saratoga Investment.
The ticker symbol of TriNet is TNET on NYSE.