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Zenefits revenue is $100 million

Zenefits is worth $4 billion valuation

Zenefits team size is 421 employees

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Zenefits

250-Brannan Street San Francisco, California, United States

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How Zenefits hit $100M Revenue with 10K customers in 2022.

Zenefits was founded in 2013 by Parker Conrad.

Founded

2013

Founded

Revenue

$100M

2022 Revenue

YOY

0.00%

YOY

Funding

$584.1M

Funding


Zenefits Revenue

In 2022, Zenefits revenue run rate hit $100M in revenue.

  • 2020

    Zenefits hit $100M in revenue in 2020

  • 2013

    Zenefits launched in 2013 with $0 revenue

$100M

Zenefits Funding History

Why are so many SaaS founders taking money from Founderpath.com instead of VC`s?

  • 2015 Series C

    Zenefits raised a Series C of $500M at a $4B valuation in May 2015

  • 2014 Series B

    Zenefits raised a Series B of $67M at a $500M valuation in June 2014

  • 2013 Seed Round

    Zenefits raised a Seed Round of $2.1M

  • 2013 Series A

    Zenefits raised a Series A of $15M

FUNDING DATEROUNDAMOUNTVALUATION
05/06/2015 Series C $500M $4B
06/25/2014 Series B $67M $500M
07/26/2013 Seed Round $2.1M
01/22/2013 Series A $15M

Team

Zenefits has 421 total employees They have 10000 customers

2020
DISTRIBUTIONQTY
Total team size
421
Engineer
0(0%)
Sales
0(0%)
Marketing
0(0%)

CEO/Founder

Jay Fulcher

Jay leads Zenefits’ vision and strategy to level the playing field for small and mid-sized businesses by helping them manage growth, productivity, performance and compliance. Jay has more than 25 years of experience leading technology companies. Before Zenefits, he served as CEO of Ooyala and Agile Software. He was also a senior executive at both PeopleSoft and SAP. Jay also sits on the boards of Splice Machine and Onclusive. He regularly advises businesses and is a sought-after speaker. Jay holds a BS in Business Management & Economics from San Jose State University, where he also serves as a member of their Global Leadership Council.

Q&A

What`s your age?

56

Favorite online tool?

Slack

Favorite book?

Hard thing about hard things

Favorite CEO?

Marc Benioff

Advice for 20 year old self

Go slower to go faster


Customers

Zenefits has 10K customers.

Lifetime Months

80

x

Monthly ARPU

$333

=

Lifetime Dollar

$26.7K

Acquisition Cost

-

Average Annual Price

$4K

$0$4K024681012
$0$4K024681012

Churn

Zenefits has an annual churn rate of 15.00%.

-100-500%50100

Gross Annual Dollar Churn

-15.00%

Annual Dollar Expansion

0.00%

Net Revenue Retention

85.00%


About Zenefits

Monthly Revenue

$8.3M

-

Total Expenses

$0.0

=

Net Income

$0.0

EBIDTA Margin

0.0%

+

YOY Growth

0.0%

=

Rule of 40

0


Zenefits Board of Directors

NamePosition
Pat WadorsBoard Member
Bill SmithCompany Advisory Board Member
Jeff CarrAdvisory Board

Zenefits Executives

NamePosition
Jay Fulcher CEO
Jay Fulcher ChairmanChief Executive Officer
Kevin Marasco Chief Marketing Officer
Tracy Cote Chief People Officer
Shaun Wiley Chief Financial Officer
Souvik Das Chief Technology Officer
Lisa Reeves Chief Product Officer
Issac Vaughn Chief Operating Officer

Zenefits Employees

NamePosition
Jay Fulcher CEO
Jay Fulcher ChairmanChief Executive Officer
Erin Case Partner Marketing Manager
Tanya van Kampen Digital Marketing Manager
Kevin Marasco Chief Marketing Officer
Pat Wadors Board Member
David Churchill Director of Channel Growth
Wesley Ying Associate Benefits Advisor
Bill Smith Company Advisory Board Member
Jake Yu Investor
Tracy Cote Chief People Officer
David Harrison Insurance Audits Specialist
Bhavani Pandi People Partner
Jeff Carr Advisory Board
Jean Spencer Senior Manager Integrated Campaigns
Shaun Wiley Chief Financial Officer
Kent Madsen Investor
Souvik Das Chief Technology Officer
Miguel Madero Director
Lisa Reeves Chief Product Officer
Issac Vaughn Chief Operating Officer
Jules Maltz Investor
Sasha Ghovanlou SMB Account Executive
Irmarie Berdecia Executive Business Partner for CMO COO CFO and CPO Product Design
Brandy Kaye SR Customer Success Manager
Kirsten Omer Senior Legal Counsel
Dave Zilberman Investor
Benjamin Ling Investor

Frequently Asked Questions about Zenefits

When was Zenefits founded?

Zenefits was founded in 2013.

How much revenue does Zenefits generate?

Zenefits generates $100M in revenue.

Who is the CEO of Zenefits?

The CEO of Zenefits is Jay Fulcher.

How much funding does Zenefits have?

Zenefits was raised $584.1M.

How many employees does Zenefits have?

Zenefits has raised 421 employees.

Where is Zenefits headquarters?

Zenefits headquater is at United States



How did Latka collect this data?

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Latka collected this data by interviewing Zenefits CEO Jay Fulcher on 07/01/2022

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