About Zeal
Zeal is a company based in San Francisco (United States) founded in 2019. It operates as a SaaS (Software-as-a-Service). Zeal has raised $27.65 million across 3 funding rounds from investors including Portage, BoxGroup and Commerce Ventures. Zeal offers products and services including Onboard, Pay, and Bill. Zeal operates in a competitive market with competitors including Gusto, Justworks, Earnin, Paylocity and Payflow, among others.
- Headquarter San Francisco, United States
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Sectors
Technology
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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 Puzzl Group Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$27.65 M (USD)
in 3 rounds
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Latest Funding Round
$14.5 M (USD), Series B
Nov 30, 2023
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Investors
Portage
& 14 more
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Employee Count
Employee Count
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Products & Services of Zeal
Zeal offers a comprehensive portfolio of products and services, including Onboard, Pay, and Bill. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Worker onboarding is automated for compliance and speed.
Payroll and payments are streamlined for faster processing.
Billing processes are simplified for efficient cash flow.
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Funding Insights of Zeal
Zeal has successfully raised a total of $27.65M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $14.5 million completed in November 2023. 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.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Series B — $14.5M
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First Round
First Round
(20 Aug 2019)
- Investors Count 15
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2023 | Amount | Series B - Zeal | Valuation |
investors |
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| Aug, 2021 | Amount | Series A - Zeal | Valuation | Spark Capital | |
| Aug, 2019 | Amount | Seed - Zeal | Valuation | Y Combinator |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Zeal
Zeal has secured backing from 15 investors, including venture fund and angel investors. Prominent investors backing the company include Portage, BoxGroup and Commerce Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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A global fintech and financial services investment platform is operated.
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Founded Year | Domain | Location | |
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Investing in early-stage tech companies and ideas.
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Founded Year | Domain | Location | |
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Investment in retail and financial services technologies.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Zeal
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Zeal
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Zeal Comparisons
Competitors of Zeal
Zeal 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, Justworks, Earnin, Paylocity and Payflow, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud-based HR and payroll solutions are offered for small businesses.
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| domain | founded_year | HQ Location |
Benefits administration and payroll management are provided for businesses.
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| domain | founded_year | HQ Location |
Real-time access to earned wages is provided fee-free.
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| domain | founded_year | HQ Location |
Cloud-based payroll and HR solutions are provided for businesses.
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| domain | founded_year | HQ Location |
Payflow is recognized as a financial wellness application for employees.
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| domain | founded_year | HQ Location |
Cloud-based HR and payroll management solutions are offered.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Zeal
Frequently Asked Questions about Zeal
When was Zeal founded?
Zeal was founded in 2019.
Where is Zeal located?
Zeal is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is Zeal a funded company?
Zeal is a funded company, having raised a total of $27.65M across 3 funding rounds to date. The company's 1st funding round was a Seed of $150K, raised on Aug 20, 2019.
What does Zeal do?
Zeal is focused on delivering specialized staffing software solutions. Operations in onboarding, payroll, and billing are automated for staffing companies. Various industries including healthcare, hospitality, and professional services are served. Integration with other tools is supported to streamline workflows. Worker retention is improved through faster payments and better experiences. New revenue streams are unlocked via innovative financial solutions. Compliance and administrative tasks are managed to reduce operational costs.
What products or services does Zeal offer?
Zeal offers Onboard, Pay, and Bill.
Who are Zeal's investors?
Zeal has 15 investors. Key investors include Portage, BoxGroup, Commerce Ventures, Long Journey Ventures, and Spark Capital.