About Zenefits
Zenefits is a Healthcare company based in Tempe (United States) founded in 2013 by Parker Conrad, and was acquired by TriNet in December 2021. Cloud-based HR and payroll management solutions are offered. It operates in the Healthcare, Financial Services, and Technology sectors. Zenefits has raised $598.27 million across 4 funding rounds from investors including Fidelity Investments, TriNet and Khosla Ventures. The company has 218 employees. Zenefits was last valued at $2 billion in July 2016. Its website zenefits.com draws about 307 thousand monthly visits. Its Indian entity Trinet Global Technology Centre India Private Limited reported revenue of ₹161 Cr. Zenefits offers products and services including Payroll Processing, Benefits Administration, and HR Expertise. Its focus areas include FinTech, Employer Insurance, Benefits Administration and InsurTech. Its competitors include Workday, Gusto and Kronos; 3 of its 3 listed competitors have raised funding.
Company details
Zenefits was established in 2013 in Tempe, United States, as a provider of cloud-based HR and payroll services. Operations focus on streamlining administrative tasks through tools for payroll processing, time tracking, and employee scheduling. Additional features encompass onboarding processes, benefits administration, hiring support, retention strategies, and employee experience enhancements within the HR technology sector.
- Headquarters Tempe, United States
- Employees 218
- Founders Parker Conrad
- Stage Acquired
- SectorsHealthcareFinancial Services Technology
- Email••••••••
- Phone•••• ••••
- Website zenefits.com
- Social LinkedIn X Facebook YouTube
- Acquired by TriNet (Dec 2021)
- Legal Name Trinet Global Technology Centre India Private Limited
- Date of Incorporation 23 Jun, 2015
- Jurisdiction Bangalore, Karnataka, India
- Indian entity revenue₹161 Cr
FY 2025 · +121% YoY
- Indian entity net profit₹10.22 Cr
FY 2025 · 6% margin
- Indian entity EBITDA₹21.74 Cr
FY 2025 · 14% margin
- Total Equity Funding$598.27M (USD)
in 4 rounds
- Latest Funding Round$512.57M (USD), Series C
May 2015
- InvestorsFidelity Investments
& 45 more
- Employee Count218
- Acquired byTriNet
(Dec 2021)
Associated legal entities of Zenefits
Zenefits operates through Trinet Global Technology Centre India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Trinet Global Technology Centre India Private Limited CIN U72200KA2015FTC081091 | Active | 23 Jun 2015 | Bangalore, Karnataka | ₹161 Cr | 121 | 4 | View details |
Products & Services of Zenefits
Zenefits offers a comprehensive portfolio of products and services, including Payroll Processing, Benefits Administration, and HR Expertise.
Handles efficient payroll and tax compliance for businesses
Manages benefits to help attract and retain talent
Provides guidance on HR challenges and compliance issues
Apps and channels of Zenefits
Zenefits publishes 1 mobile app; its YouTube channel TriNet has 1.77K subscribers and 30 videos.
Videos from Zenefits
The most watched videos on Zenefits's YouTube channel, TriNet (1.77K subscribers). Click a video to play it here.
More on TriNet.
Funding Insights of Zenefits
Zenefits has successfully raised a total of $598.27M across 4 strategic funding rounds. The most recent funding activity was a Series C round of $512.57 million completed in May 2015. 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 $598.27M
- Total Rounds 4
- Last Round Series C — $512.57M
- First Round $2.1M
(Jul 2013)
- Investors Count 46
All 4 funding rounds of Zenefits with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May 2015 | $512.57M | Series C | – | Fidelity Investments, TPG | |
| May 2014 | $66.5M | Series B | $500M | a16z | |
| Jan 2014 | $17.1M | Series A | – | a16z | |
| Jul 2013 | $2.1M | Seed | – | Venrock, Maverick Ventures |
| Date | Valuation | Stage |
|---|---|---|
| May 2014 | $500M | •••••••• |
Full valuation and stage history of Zenefits
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
- Dates
- Exports
Verified entity values are shown only after access is granted.
Last known valuation $2B (Jul 2016). 46 investors in total: 35 institutional and 11 angel.
Investors in Zenefits
Zenefits has secured backing from 46 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Fidelity Investments, TriNet and Khosla Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Growth in technology companies is supported through venture capital. | ivp.com | Menlo Park, United States | ||
Venture capital investments in technology and defense sectors. | foundersfund.com | |||
Early-stage startups are funded by this venture capital firm. | 2004 | khoslaventures.com | Menlo Park, United States | |
Venture capital investments in technology sectors are handled by Andreessen Horowitz. | a16z.com | |||
Investment firm scaling software and technology companies from early to late stages. | insightpartners.com | |||
Fund of funds focused on pre-seed and seed-stage companies | 1992 | tpg.com | Fort Worth, United States | |
Venture capital firm focused on marketplaces, gaming, web3, fintech, and multiple sectors | 2007 | fjlabs.com | New York, United States | |
Early-stage investments are provided to transformative technology companies. | svangel.com | San Francisco, United States | ||
Venture capital firm focused on tech sectors | venrock.com | Palo Alto, United States | ||
Early-stage tech and life-sciences firms are funded across the US. | maverickventures.com | San Francisco, United States |
Investor details for Zenefits
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Trinet Global Technology Centre India Private Limited (Zenefits)
Trinet Global Technology Centre India Private Limited is the primary company behind Zenefits. The board of Trinet Global Technology Centre India Private Limited currently have 4 directors; the longest-serving is Vijaya Chowti Shivananda Kumar, appointed in 2024. 13 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Vijaya Chowti Shivananda Kumar DIN 07430496 | Director | 02 Aug 2024 | 2 yrs 2 mo | Trinet Global Technology Centre India Private Limited |
| Divyana Deepak Murdeshwar DIN 09731138 | Additional Director | 29 Oct 2024 | 1 yr 11 mo | Trinet Global Technology Centre India Private Limited |
| Varsha Vithal Kakati DIN 10578195 | Additional Director | 08 Nov 2024 | 1 yr 11 mo | Trinet Global Technology Centre India Private Limited |
| Jeffery Jon Hayward DIN 10831280 | Additional Director | 26 Nov 2024 | 1 yr 10 mo | Trinet Global Technology Centre India Private Limited |
People of Zenefits
789 people are tracked at Zenefits (204 in leadership, 12 in board & advisors, 573 in team); the tracked headcount is 218.
| Name | Role | Group |
|---|---|---|
Parker Conrad | Founder | Leadership |
Bret Haag | Executive Director, Reliability And Platform Services | Leadership |
Matt Mahoney | Director Of Sales, Bay Area | Leadership |
April Marsland Birnbaum | Executive Director, Revenue | Leadership |
Jean Spencer | Director Integrated Marketing | Leadership |
Catherine Wragg | Chief People Officer | Leadership |
Kiran Sana | Director Of Product Management | Leadership |
Heather Shaffer | Regional Director Of Sales | Leadership |
Avelina Myers | Director, Channel Operations | Leadership |
Preeti Silpershetty | Senior Talent Acquisition Partner | Leadership |
Edward Callahan | Director Of Sales | Leadership |
Ken Fung | Divisional Vice President, Revenue | Leadership |
Michael Bartley | Director Of Revenue | Leadership |
Jake Majansky | Director Of Sales | Leadership |
Nargis A. | Principal Human Resources Business Partner | Leadership |
Josie Maltbie | Director, Sales Strategy & Execution | Leadership |
Jeff Hayward | CTO | Leadership |
Robyn Albarran | Marketing Director | Leadership |
Mala Murthy | EVP & CFO | Leadership |
Scott Bryant | Vice President Internal Audit | Leadership |
769 more people are available in the full profile.
Complete people profiles for Zenefits
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Zenefits
Figures of Trinet Global Technology Centre India Private Limited, the primary company behind Zenefits, for FY 2025. Revenue was ₹161 Cr (+121% year on year). Net profit was ₹10.22 Cr (6% margin). EBITDA was ₹21.74 Cr (14% margin). Revenue has grown at a compounded annual rate of +73% over three years and +38% over five years.
- ₹161 CrRevenue · FY 2025 · +121% YoY
- ₹10.22 CrNet profit · 6% margin
- ₹21.74 CrEBITDA · 14% margin
- ₹10 LakhPaid-up capital
- 121Employees (provident fund records)
- +73%Revenue CAGR, 3 years
- +38%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Trinet Global Technology Centre India Private Limited are on its company page.
Detailed financial statements for Zenefits
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Zenefits
6 dated milestones of Zenefits across 8 years, from founding to its latest funding, stage changes and deals.
- Founded Zenefits is founded.
- Funding First funding round of $2.1M.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series C, of $512.6M.
- Milestone Reaches Unicorn status.
- Exit Acquired by TriNet.
Competitors of Zenefits
Zenefits has 3 listed competitors in our database, 3 of them funded. They include Workday, Gusto and Kronos.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| workday.com | 2005 | Pleasanton, United States | $352.3M | 11,805 | Cloud-based HR and financial software is delivered to enterprises. | |
| gusto.com | 2012 | San Francisco, United States | $718.35M | 5,876 | Cloud-based HR and payroll solutions are offered for small businesses. | |
| kronos.com | 1977 | Lowell, United States | $855M | 86 | HCM software solutions for enterprise workforce management are provided. |
Detailed competitors of Zenefits
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Zenefits
The website of Zenefits (zenefits.com) receives about 307.5K visits a month.
- Monthly visits307.5K
▼ 4.7% vs previous month
Websites whose visitors overlap most with Zenefits. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| trinet.com | 100% | 1.5M | #39,226 | View details | |
| expensify.com | 95% | 1.4M | #25,346 | View details | |
| justworks.com | 87% | 1.3M | #34,413 | View details | |
| heyzap.com | 87% | View details | |||
| twitter.com | 87% | View details | |||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Zenefits
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 40 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Clinical IT & Data Platforms
3 companies that operate in the same segment as Zenefits (Clinical IT & Data Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Employee health benefits are facilitated via a cloud-based platform. | 2007 | Plymouth Meeting, Pennsylvania, United States | USD 228.3 M | |||
Healthcare appointments are booked online via Zocdoc's platform. | 2007 | New York, New York, United States | USD 425.97 M | USD 4.66 M | 1,365 | |
Virtual physical therapy and digital pain care solutions are provided. | 2015 | San Francisco, California, United States | USD 854.44 M | 1,746 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Zenefits
Complete news archive for Zenefits
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Zenefits
Zenefits was founded in 2013.
Zenefits is headquartered in Tempe, United States. It is registered at Tempe, Arizona, United States.
Zenefits is a funded company, having raised a total of $598.27M across 4 funding rounds to date. The company's 1st funding round was a Seed of $2.1M, raised on Jul 2013.
Zenefits has 218 employees.
The primary company behind Zenefits, Trinet Global Technology Centre India Private Limited, reported revenue of ₹161 Cr for FY 2025, up 121% year on year.
Zenefits was established in 2013 in Tempe, United States, as a provider of cloud-based HR and payroll services. Operations focus on streamlining administrative tasks through tools for payroll processing, time tracking, and employee scheduling. Additional features encompass onboarding processes, benefits administration, hiring support, retention strategies, and employee experience enhancements within the HR technology sector.
Zenefits offers Payroll Processing, Benefits Administration, and HR Expertise.
Zenefits has 46 investors. Key investors include Fidelity Investments, TriNet, Khosla Ventures, TPG, and Francisco Partners.
The valuation of Zenefits is $2B as of Jul 2016.
Zenefits operates through Trinet Global Technology Centre India Private Limited.
Yes. Zenefits was acquired by TriNet in December 2021.