Zenefits is an HR technology company founded in 2013 that provides cloud-based human resources software for small and medium-sized businesses. The platform offers payroll processing, benefits administration, compliance management, and employee onboarding tools in an integrated system. Zenefits initially grew rapidly by offering free HR software while monetizing through insurance broker commissions, but faced regulatory challenges and leadership changes. The company has since restructured its business model, focusing on subscription-based software services and maintaining compliance with insurance regulations across different states.
Zenefits has received investment from 1 venture capital firm.
HR technology platform providing payroll, benefits administration, and human resources management software for small and medium businesses.
Zenefits has received investment from Rough Draft Ventures. These venture capital firms and investors provide both capital and strategic support.
Zenefits has raised $583M in total funding, with their most recent round being a Series C. The company operates in the SaaS sector.
Zenefits was founded in 2013 and is headquartered in San Francisco, CA.
Zenefits operates in the SaaS sector. HR technology platform providing payroll, benefits administration, and human resources management software for small and medium businesses.