Zenefits
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Zenefits rolls out a performance management tool
When we last saw Zenefits, the company essentially handed off one of its initial core selling points — insurance brokerage — to partners. Since that rebrand rolled out, Zenefits seems to be following the sort of drip-drip-drip of updates that many startups trying to create a sort of “home” for a core employee experience utilize. That continues today with the launch… Read More
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Lumity raises $19M to simplify employee health care choices
As companies get bigger and bigger, their needs are going to change — including, probably most importantly, their options for health care as their employee base expands and the costs of those plans start to balloon. But the end result is that employees could be presented with a confusing set of plans to pick from without a whole lot of guidance. There’s where Lumity comes in.… Read More
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Zenefits introduces level-funded insurance plans and more mobile updates
Zenefits, in a further attempt to continue to find its way into small businesses as a human resources management service that can outmaneuver larger and more complex platforms, is releasing a suite of new updates today. Much of these updates revolve around trying to simplify the process of managing an employee base, from benefits to payroll, to something as simple as a few taps on an app.… Read More
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Zenefits founder Parker Conrad takes another crack at HR onboarding
Parker Conrad’s last venture at Zenefits didn’t end so well, what with his departure as CEO and the company having to re-orient itself. But he’s once again starting a company that will figure out how to build an employee system of record and management, starting off with smoothing out the process of onboarding employees and focusing on other major life events for those employees. Read More
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Zenefits launches new tools for employee compliance and looks to simplify pricing
Zenefits today said it would be introducing new pricing tiers in an effort to simplify them, as well as add new tools for HR managers to ensure that employees are getting their documents in and they are compliant with regulations. The new tools — and pricing — are another way that Zenefits is trying to differentiate itself as an all-in-one platform for managing employee records… Read More
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Zenefits opens up to third-party developers and launches a suite of new HR tools
David Sacks has a big job ahead of him. Formerly the CEO of Yammer, which sold to Microsoft for $1 billion, he’s doing it this time around as the head of Zenefits, trying to right the ship of a company that has halved its valuation and fired its founder for violating insurance regulations. Today he is rolling out Zenefits’ second incarnation, and in Sacks’ new future,… Read More
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Zenefits makes licensing compliance app available for free in the Salesforce App Exchange
Zenefits announced this week, it was making a licensing compliance app it created in-house to ensure its sales people are properly licensed to sell insurance in a given state, available for free to anyone to download from the Salesforce App Exchange. Last winter Zenefits was sailing along providing HR services in the cloud for small and medium businesses when a bombshell hit. Buzzfeed… Read More
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CEO David Sacks on moving on from Zenefits’ troubled past
Zenefits at one point was one of the fastest growing software companies in the world, rocketing to a $4.5 billion valuation in 18 months. It was on track to generate tens of millions of dollars in annual recurring revenue. Then, everything went south; regulators started investigating the company, and its CEO Parker Conrad was fired from the company earlier this year. In short, it’s been… Read More
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HR 2.0 is the poster child for the next wave of SaaS innovation
The path for SaaS domination of a market segment has historically followed one of two routes: bringing previously offline workflows online, or moving on-premise software processes online. In short, SaaS would take over segments that previously were not SaaSified. Yet, the current wave of HR SaaS innovators the past few years is proving that there can be more to the story. Read More
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Zenefits gets a small fine in resolving regulatory concerns in Tennessee
Zenefits has been under fire for skirting regulation, resulting in the ouster of its previous CEO Parker Conrad and a heavy-duty overhaul underway of the company. The results of that effort are now seemingly starting to emerge, starting first with a resolution in Tennessee which will cost the company $62,500 and allow it to continue operating. The company continues to have conversations with… Read More
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