Zenefits is a software-as-a-service (SaaS) company headquartered in San Francisco, California that provides a digital human resources platform for small and medium-sized enterprisesSMEs. Zenefits was founded in 2013 by Laks Srini and Parker Conrad. Zenefits aims to help SMEs manage their employees more efficiently by using their platform.
Zenefits provides a full-service human resources suite from business owners to manage their employees. The platform provides payroll, benefits, attendance, time off, and compliance solutions. Zenefits is cloud-based, available in both desktop and mobile. The company also offers HR advisory services that customers can access on an employee-per-employee basis.
Zenefits has received a total capital of $583.6 million from four funding rounds. It has most recently raised $500 million for a Series C in May 2015. Zenefits has received financing from 34 investors; 5 of them as lead investors. Previous investors include Comcast Ventures, Augusta Investments, Khosta Ventures, Green Bay Ventures, and Brendan Wallace.
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