Companies · Insurance

ZenefitsWinter 2013Acquired

San Francisco · CA, USA · Insurance · founded 2012 · http://zenefits.com

Diligence memoA one-page analyst read on Zenefits — recommendation, valuation, rhythm, risks.
Total raised · real
0
Rounds
Latest step-up
Top 33%
Sector rank · raised
Latest stage · inferred

Zenefits: limited disclosed financing to assess.

Synthesized from the figures below est. — every claim rests on a number shown on this page.

Where it sits in Insurance

Zenefits is one of 146 Insurance companies tracked from San Francisco, CA, USA, on record since 2012. By capital raised it ranks mid-pack (ahead of 68% of sector peers), and mid-pack by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

AI analyst read est. — model-extracted from this company's public description, not a verified fact. 30%

operates a technology-led product inferred from public copy

Grounded in: “You are a venture analyst

HR for small businesses: onboarding, payroll and benefits.

Zenefits was founded to take the administrative heartache out of getting healthcare. In the five years since, Zenefits'​ consumer-grade technology has tackled one of the economy's gnarliest people problems: delivering easy access to health insurance. Today, this is the foundation of our People Platform which brings everything HR -- benefits, payroll, onboarding and talent management -- into one single app. And we're just getting started. Our team is creating a modern People Platform that empowers employees by equipping them with the tools they need to be independent, mobile, and fully in control. The Zenefits People Platform is where HR comes to life. Learn more at www.zenefits.com

HR Techhr/worktechinsurance
Find Zenefits online

As reported in public records reported — not modeled.

US
Jurisdiction
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

No round amounts on record to chart.

Financing ladder & sequence gaps

No staged rounds to sequence.

Modeled valuation trajectory
Base estimate est.
Conservative case
Upside case
Modeled post-money

Round size and date are reported; the stage label is inferred from round size. Valuation is modeled from stage benchmarks. Directional, not a quoted figure.

Not enough modeled valuation points to chart a trajectory.

Financing rhythm
Avg between rounds
Capital velocity
On record since
First round
0
Rounds on file
How it compares to the market

Benchmarked against 146 companies in Insurance. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages)
This company
Sector median$8.7M
Modeled value — vs sector median (estimate, all stages)
This company
Sector median$47.3M

Raised more than 68% of sector peers (real $). Modeled value above 68% of peers (estimate).

Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
No rounds recorded.
Intelligence
Modeled next raise
Modeled next size est.
Last step-up
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Registry & provenance

Zenefits is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
US
Jurisdiction
Similar companies

Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.

CompanySectorStageRaised · realValue · estWhy similar
Acadia Fire Insurance CompanyInsurancesame sector
AcoliteInsurancesame sector
AdaptionalInsurancesame sector
AegisInsurancesame sector
AI InsuranceInsurancesame sector
Air Centurion Insurance Services, Inc.InsurancePre-Seed$600K$13.9Msame sector
Albiware Inc.Insurancesame sector
AltrinaInsurancesame sector
Semantically similar

Matched by meaning, not labels — a local language model reads each company's name, sector and description and ranks the closest in that learned space. This catches look-alikes that cross sector boundaries; the structured list above explains its matches, this one trusts the text. Directional, like every modeled signal here.

CompanySectorStageValue · estMatch
Gusto, Inc.
Provides growing businesses with everything to take care of their team
InsuranceSeries D+$1.7B78%
BenePass, Inc.
Fintech for corporate compensation
FintechSeries B$180.6M75%
BrioHR
All-in-one HR management platform for SMEs
HR / Worktech74%
Workpay
Payroll, compliance, benefits, and Employer of Record services for…
FintechSeed$69.8M74%
Happl
Your personalised benefits and engagement platform for global teams
Insurance74%
peopleCQ
Employer backed payroll advances for employees in Egypt
Fintech73%
Onfolk
Gusto for the UK
HR / Worktech73%
Zeal
Modern payroll for modern work
FintechSeed$25.0M73%
Frequently asked
What does Zenefits do and where is it based?
Zenefits operates in the Insurance sector, based in San Francisco, CA, USA. HR for small businesses: onboarding, payroll and benefits.
Explore related

See where Zenefits sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

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