Zenefits
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Zenefits halves its previous valuation to $2B to head off investor lawsuits
Zenefits is executing a change in its current ownership structure that will increase the overall ownership of the company for late-stage investors; it’s a move that revalues the company’s Series C round at $2 billion and looks to placate investor concerns over the company’s regulatory investigations. As part of accepting the new ownership changes, the investors… Read More
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Zenefits Stumbles Into PayPal’s Old Drama
The tech world was stunned last week when Zenefits — the unicorn that had once been called “the fastest growing SaaS business in history”– announced that its founding CEO Parker Conrad was leaving the company and that it was under investigation in California. The company cited regulatory compliance problems as a factor in the decision. Read More
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Zenefits Under Investigation In California
Meet The Startups Vying For The Crunchie For Fastest Rising Startup Of 2015
The 9th Annual Crunchies are almost upon us. On February 8, people from some of the best and brightest startups around will descend upon San Francisco’s War Memorial Opera House to take part in an event that’s best described as the Oscars of startups and technology. Zenefits Launches Its Own Payroll Platform
Zenefits CEO Parker Conrad danced around a question about building out payroll services at Disrupt SF 2015. “I can’t announce anything about new products specifically, but you know payroll’s a very important spoke,” Conrad said at the time. But the cloud-based HR unicorn has built a payroll product, launching out of beta today. Read More
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ADP Drops Lawsuit Against Human Resources Startup Zenefits
The legacy payroll company ADP on Tuesday dropped its defamation lawsuit against its quickly growing competitor, Zenefits. In a major victory for the startup, a U.S. District Court for the Northern District of California dismissed the lawsuit with prejudice. Per the terms of the settlement, ADP stated it has no reason to believe problems exist with the security of Zenefits software. Zenefits… Read More
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Checkr Is Raising $30M+ For Its Background Checking API, Y Combinator Investing
As on-demand businesses like Uber and Instacart grow quickly, so too do the B2B startups that service their wider ecosystem. In the latest development, TechCrunch has learned and confirmed with several sources that Checkr — which runs background checks and vets potential hires by way of an API for the likes of Uber, Instacart and Handy, and other fast-growing startups like Zenefits… Read More
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Zenefits’ Parker Conrad Talks Hyper Growth And How To Hang On To A Rocket Ship
Today at Disrupt SF 2015, Zenefits’ Parker Conrad joined our own Matthew Lynley on stage to dig into how the startup has managed to become one of the fastest-growing companies in the world.
Zenefits is notable here in the TechCrunch house as it first launched its product at Disrupt NY in 2013 when it was a finalist in our Startup Battlefield. Read More
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ZenPayroll Is Now Gusto, Adds Benefits To Take On Zenefits
Payroll startup ZenPayroll changed its name to Gusto today and is moving beyond payroll, into benefits such as health insurance and workers compensation.
Sound familiar? We’ve heard that cloud HR benefits company Zenefits plans to roll out a payroll service similar to the startup formerly known as ZenPayroll. Read More
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Zenefits Grabs Twitter’s Rita Garg To Run Business Development
Zenefits, the $4.5 billion human resources software startup, said today it hired Twitter’s (now former) director of global business development Rita Garg. It’s another executive departure for Twitter, with head of communications Gabriel Stricker and former CEO Dick Costolo recently stepping back. Twitter is not unfamiliar with executive shuffles, with the top of the company… Read More
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