Zenefits was founded in 2013 by Parker Conrad and Laks Srini. The company has not officially endorsed a plan to participate in an IPO.

Zenefits is a cloud-based human resources platform designed to assist with onboarding, payroll, benefits, and vacation tracking. The company has raised nearly $600 million in Venture Capital funding from investors including EPIC Ventures, Fidelity, FJ Labs, Founders Fund, Khosla Ventures, Maverick Ventures, Palm Drive Capital, Sound Ventures, Tao Capital Partners, IVP, Andreessen Horowitz, General Catalyst, and Venrock. It has been broadly reported that Zenefits last raised $500 million in May 2015 at a post-money valuation of $4.5 billion.

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Who are Zenefits's major investors?

Institutional Venture Partners
SV Angel
Maverick Capital
Fidelity Management
Hydrazine Capital
Research Company

Zenefits Funding Rounds and IPO Valuation

Date Funding Round Funding Raised Price per Share IPO Valuation
5/6/2015 Series C and C-1 $532.57MM raised $XXX.XX $XXX.XX
6/3/2014 Series B and B-1 $66.67MM raised $XXX.XX $XXX.XX
1/22/2014 Series A and A-1 $17.25MM raised $XXX.XX $XXX.XX
Based on primary financings
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What is Zenefits funding to date?

Zenefits has raised $616.49MM to date.
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When was Zenefits founded?

Zenefits was founded in 2013.
Updated on: Sep 1, 2022