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Zenefits
AddedFeb 13, 2024
UpdatedJun 29, 2026
Zenefits

Zenefits

Acquired

Zenefits is a cloud-based HR platform acquired by TriNet in 2022, now offered as TriNet Zenefits.

HQ
San Francisco, CA, US
Founded
2013
Accelerator
Y Combinator logoY CombinatorW13
Overview
M & A
Analysis
Compare
Fundraising
Employees
News

Zenefits (legally YourPeople, Inc.) was a San Francisco-based company that provided cloud-based human resources software for small and medium-sized businesses, covering payroll, benefits administration, time tracking, onboarding, compliance and people analytics. Founded in 2013 and launched out of Y Combinator's Winter 2013 batch, it initially helped employers quote and manage health insurance before expanding into a broader People Platform.

The company raised significant venture funding, including a $500 million Series C in 2015, but faced compliance and leadership challenges in 2015-2016. In December 2021 TriNet announced an agreement to acquire Zenefits from Francisco Partners, and the transaction closed on February 15, 2022. Zenefits now operates as TriNet Zenefits, integrated into TriNet's HR technology and service offerings.

Zenefits - M & A Snapshot

Open M & A

  • TriNet

    Acquired Zenefits • Undisclosed • Feb 15, 2022

Zenefits - Products & Services

  • TriNet HR Platform logo

    TriNet HR Platform

    All-in-one HR platform for payroll, benefits administration, compliance and workforce management.

    Competing Products

    Gusto logo
    Rippling logo

Zenefits - Similar Companies

Rippling logo

Rippling

rippling.com

Gusto logo

Gusto

gusto.com

Zenefits - Quick Facts

Who are Zenefits' competitors?

Companies similar to Zenefits include Rippling and Gusto.

When was Zenefits founded?

Zenefits was founded in 2013.

Where is Zenefits' headquarters located?

Zenefits' headquarters is located in San Francisco, CA, US.

How much has Zenefits raised to-date?

As of Dec 23, 2021, Zenefits has raised a total of $584.1M (USD).

Zenefits - Classification

Ownership
  • Acquired
Technology
  • SaaS
Geographic Exposure
  • United States
Model
  • B2B SaaS
Revenue
  • Recurring
  • SaaS
Customer
  • SMB
Tags
  • HR Tech
NAICS
  • 524000Insurance Carriers and Related Activities
  • 524100Insurance Carriers
  • 524110Direct Life, Health, and Medical Insurance Carriers
  • 524114Direct Health and Medical Insurance Carriers
  • 520000Finance and Insurance
SIC
  • 6300Insurance Carriers
  • 6320Accident And Health Insurance And Medical Service Plans
  • 6321Accident And Health Insurance
Show 8 more industry codes
NAICS
  • 513200Software Publishers
  • 510000Information
  • 513000Publishing Industries
  • 513210Software Publishers
SIC
  • 6000Depository Institutions
  • 7300Business Services
  • 7370Computer Programming, Data Processing, And Other Computer Related
  • 7372Prepackaged Software