Zenefitsrevenue, acquisition & funding

Zenefits revenue & ARR

Zenefits' annual recurring revenue was $20M in December 2014, its last figure before TriNet bought it (Fortune).

Who owns Zenefits

TriNet owns Zenefits. The date and price of the deal are not on record.

Zenefits funding rounds & investors

Zenefits has raised $583.6M across four rounds since 2013. The latest was a $500M Series C in May 2015.

Interviews with Jay Fulcher

Nathan Latka has interviewed Zenefits once, speaking with Jay Fulcher. Each figure links to the second it was said.

Watch: How Zenefits Reached About 10,000 Customers at a 65% Gross Margin While Targeting $100M ARR (Interview with CEO Jay Fulcher)

Jay Fulcher, Chairman and CEO

How Zenefits Reached About 10,000 Customers at a 65% Gross Margin While Targeting $100M ARR (Interview with CEO Jay Fulcher)

• Gross margin65%Watch at 7:55
• Customers10,000Watch at 10:20
• Price per seat$5 per employee per month at the low end (up to $50 per employee per month)Watch at 9:00
• Average contract$4,000 (his range: four to five thousand dollars)Watch at 8:55
• Gross churn15% of revenue (his range: fifteen to twenty percent)Watch at 11:06
• Employees500Watch at 14:25

Read the interviewWatch

Zenefits founders & employees

Laks Srini founded Zenefits in 2013. Zenefits had 421 employees (December 2020).

• LS
  Laks SriniCo-founder
• KM
  Kevin MarascoChief Marketing Officer
• TC
  Tracy CoteChief People Officer
• SD
  Souvik DasChief Technology Officer
• IV
  Issac VaughnChief Operating Officer
• LR
  Lisa ReevesChief Product Officer
• JF
  Jay FulcherInterviewed by Nathan Latka
  1 interview

BoardJeff Carr, Pat Wadors, Bill Smith

InvestorsJake Yu, Kent Madsen, Jules Maltz, Dave Zilberman, Benjamin Ling

Also at ZenefitsErin Case, Tanya van Kampen, David Churchill, Wesley Ying, David Harrison, Bhavani Pandi, Jean Spencer, Miguel Madero, Sasha Ghovanlou, Irmarie Berdecia, Brandy Kaye, Kirsten Omer

Formerly at ZenefitsShaun Wiley

Zenefits FAQ