Zenefits is an acquired company based in Tempe (United States), founded in 2013. The platform is positioned as a simplified alternative to complex HR software, though it operates in a highly competitive market segment with established players and well-funded challengers.
Cyborg Score Rationale
As of Apr 30, 2026, the latest employee count at Zenefits is 226. The company has substantial prior funding and market presence but faces headwinds from a larger competitive landscape and a legacy of compliance challenges that have affected valuation perception.
Top Insights
Zenefits has raised $598M in funding from investors like Andreessen Horowitz, Fidelity Investments and Venrock, with last known valuation of $2B.
Zenefits is an acquired company based in Tempe (United States), founded in 2013. The company was acquired by TriNet, which specializes in HR solutions, payroll, and HR outsourcing services.
Top competitors include companies like Workday, Razorpay and People Strong.
The company has 1642 active competitors, including 186 funded and 148 that have exited.
Named Competitors
Workday — Enterprise HR and financial management software
Gusto — Payroll, HR, and benefits platform for small businesses
BambooHR — HR software focused on human resources management and payroll