Zenefits News

Startup Zenefits Shows How Hard Hitting Revenue Targets Can Be

Zenefits probably couldn’t have predicted it would spend the first two weeks of February dealing with the resignation of its founding chief executive officer under pressure from the board and the loss of its biggest customer—all while facing investigations by …

California Department of Insurance Investigating Zenefits

Zenefits has been under investigation by the California Department of Insurance since last year, the state agency disclosed, saying the resignation of co-founder and Chief Executive Officer Parker Conrad earlier this week doesn’t resolve compliance issues at the human-resources software …

CEO Exits As Tech Startup Broker Zenefits Confronts Culture, Compliance Bugs

Zenefits, a software startup valued at $4.5 billion, said on Monday it had replaced founder and Chief Executive Parker Conrad and appointed a new leader for the troubled tech company. David Sacks, a former executive at Yammer and PayPal who …

The Zebra Is Latest Insurance ‘Disrupter’ to Attract Funding

The Zebra, an online auto insurance comparison company, said it has closed $17 million in Series A funding with investment from Mark Cuban, Mike Maples Jr. (of Twitter and Lyft), Simon Nixon (of Moneysupermarket), Silverton Partners, and new investors Daher …

Zenefits Rises Quickly to Join Billion-Dollar Start-Up Club

Human resources software company Zenefits said it had raised $500 million in venture funding, giving it a valuation of $4.5 billion and confirming a drop in appetite among venture-backed companies for initial public offerings. Zenefits was founded just two years …