Zenefits

HR and payroll software for businesses

San Francisco, California, United States

About Zenefits

Zenefits provides HR and payroll software solutions tailored for small and mid-sized businesses. Its platform includes features for hiring, onboarding, employee management, payroll processing, benefits administration, and time scheduling, all designed to be user-friendly and mobile-accessible. Zenefits differentiates itself from competitors by focusing specifically on the needs of smaller companies, which often lack the resources to manage complex HR tasks. The company serves over 11,000 clients, empowering around 400,000 employees, and integrates with 50 technology partners to enhance user experience. Zenefits aims to simplify HR processes for its clients through a subscription-based model, ensuring they can efficiently manage their workforce and adapt to challenges like the COVID-19 pandemic.

San Francisco, CaliforniaHeadquarters
2013Year Founded
$567.7MTotal Funding
ACQUISITIONCompany Stage
Consulting, Enterprise SoftwareIndustries
201-500Employees

Benefits

Healthcare
Wellness benegits
Catered lunches & snacks
PTO
Volunteer time off
Parental leave
Commuter benefits

Risks

Integration challenges with TriNet's new website may disrupt Zenefits' service delivery.
TriNet's acquisition could lead to strategic shifts affecting Zenefits' client base.
Zenefits faces increased competition in benefits administration from other HRMS providers.

Differentiation

Zenefits offers a mobile-friendly HR platform tailored for small and mid-sized businesses.
The platform integrates with 50 technology partners for a seamless user experience.
Zenefits provides an all-in-one HR solution, simplifying administrative tasks for businesses.

Upsides

Increased demand for remote work solutions boosts Zenefits' mobile-friendly platform adoption.
The rise of gig economy work presents opportunities for Zenefits to expand flexible HR solutions.
Growing focus on mental health in workplaces allows Zenefits to integrate wellness programs.