# Zenefits

> Cloud HR platform for benefits, payroll, and compliance for SMBs.

## Why it is interesting

Fastest HR SaaS ramp to $100M ARR narrative — $500M Series C at $4.5B before regulatory reset; a16z's largest bet at the time.

## Profile

- **Stage:** growth
- **Status:** private
- **Industries:** enterprise-saas
- **Coverage:** full
- **Last updated:** 2026-07-24

## Key facts

- Series C (May 2015): $500M at $4.5B led by Fidelity and TPG; Khosla, Founders Fund, CRV, Insight, Greylock participated (TechCrunch)
- a16z led prior Series A and B rounds (press)

## Investors in our directory

- https://venturecapitaltracker.com/fund/andreessen-horowitz
- https://venturecapitaltracker.com/fund/khosla-ventures
- https://venturecapitaltracker.com/fund/founders-fund
- https://venturecapitaltracker.com/fund/crv
- https://venturecapitaltracker.com/fund/insight-partners
- https://venturecapitaltracker.com/fund/greylock-partners

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Source: https://venturecapitaltracker.com/startup/zenefits