# Zenefits funding: rounds and investors

> Zenefits has raised $584M across 5 rounds since 2013. Investors include Andreessen Horowitz, Khosla Ventures and Founders Fund. Every round with its source.

Source: https://millionrounds.com/company/zenefits (Millionrounds; every figure on the page links to its filing or article)

United States · [Venture startup](https://millionrounds.com/companies)

# Who invested in *Zenefits*

5 rounds we have observed, with the 31 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Healthcare Insurtech

Y Combinator: W13

Funding summary Updated 26 Oct 2026

**$584M** raised across 5 rounds since 2013, from 5 sources

**$2.1M** Seed **$15M** Series A **$67M** Series B **$500M** Series C

- **Latest round:** Venture Oct 2021
- **Biggest round:** $500M Series C · May 2015
- **Investors:** 31

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2015 2017 2019 2021

**$2.1M** Seed

**$15M** Series A

**$67M** Series B

**$500M** Series C

**?** Venture

- **First round:** Seed, $2.1M
- **Biggest round:** $500M
- **Usual gap between rounds:** 11 months

## The rounds

- **Oct 2021** Venture **Amount undisclosed** *2 new* *5 returning* [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) [General Catalyst](https://millionrounds.com/fund/general-catalyst) [Khosla Ventures](https://millionrounds.com/fund/khosla-ventures) [Founders Fund](https://millionrounds.com/fund/founders-fund) [Insight Partners](https://millionrounds.com/fund/insight-venture-partners) [IVP](https://millionrounds.com/fund/ivp) [TPG](https://millionrounds.com/fund/tpg) Source recorded
- **May 2015** Series C **$500M** *10 new* *2 returning* [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) [Khosla Ventures](https://millionrounds.com/fund/khosla-ventures) [Founders Fund](https://millionrounds.com/fund/founders-fund) [Fidelity](https://millionrounds.com/fund/fidelity) [IVP](https://millionrounds.com/fund/ivp) [TPG](https://millionrounds.com/fund/tpg) [Comcast Ventures](https://millionrounds.com/fund/comcast-ventures) [Sound Ventures](https://millionrounds.com/fund/sound-ventures) [Epic Ventures](https://millionrounds.com/fund/epic-ventures-2) [Brendan Wallace](https://millionrounds.com/fund/brendan-wallace) [Jared Leto](https://millionrounds.com/fund/jared-leto) [Justin Mateen](https://millionrounds.com/fund/justin-mateen) From a historical funding record
- **Jun 2014** Series B **$67M** *5 new* *1 returning* [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) [SV Angel](https://millionrounds.com/fund/sv-angel) [Elad Gil](https://millionrounds.com/fund/elad-gil) [IVP (Institutional Venture Partners)](https://millionrounds.com/fund/ivp-institutional-venture-partners) [Jared Leto](https://millionrounds.com/fund/jared-leto) [Hydrazine Capital](https://millionrounds.com/fund/hydrazine-capital) From a historical funding record
- **Jan 2014** Series A **$15M** *1 new* *2 returning* [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) [Venrock](https://millionrounds.com/fund/venrock) [Maverick Capital](https://millionrounds.com/fund/maverick-capital) From a historical funding record
- **Jul 2013** Seed **$2.1M** *13 new* [Y Combinator](https://millionrounds.com/fund/y-combinator) [Venrock](https://millionrounds.com/fund/venrock) [Bling Capital](https://millionrounds.com/fund/bling-capital) [Maverick Capital](https://millionrounds.com/fund/maverick-capital) [Aaron Levie](https://millionrounds.com/fund/aaron-levie) [Wefunder](https://millionrounds.com/fund/wefunder) [Charlie Cheever](https://millionrounds.com/fund/charlie-cheever) [David Rusenko](https://millionrounds.com/fund/david-rusenko) [Cambria Funds](https://millionrounds.com/fund/cambria-funds) [Sohail Prasad](https://millionrounds.com/fund/sohail-prasad) [Brad Gessler](https://millionrounds.com/fund/brad-gessler) [Titan Partners Holdings LLC](https://millionrounds.com/fund/titan-partners-holdings-llc) [David Petersen](https://millionrounds.com/fund/david-petersen) Reported by techcrunch.com

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Seed** 2013 **Series A** 2014 **Series B** 2014 **Series C** 2015 **Venture** 2021 [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) [Khosla Ventures](https://millionrounds.com/fund/khosla-ventures) [Founders Fund](https://millionrounds.com/fund/founders-fund) [Venrock](https://millionrounds.com/fund/venrock) [IVP](https://millionrounds.com/fund/ivp) [TPG](https://millionrounds.com/fund/tpg) [Maverick Capital](https://millionrounds.com/fund/maverick-capital) [Jared Leto](https://millionrounds.com/fund/jared-leto) [Y Combinator](https://millionrounds.com/fund/y-combinator) [General Catalyst](https://millionrounds.com/fund/general-catalyst)

## Everyone who backed them

[Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) VC firm **4** rounds

[Khosla Ventures](https://millionrounds.com/fund/khosla-ventures) VC firm **2** rounds

[Founders Fund](https://millionrounds.com/fund/founders-fund) VC firm **2** rounds

[Venrock](https://millionrounds.com/fund/venrock) VC firm **2** rounds

[IVP](https://millionrounds.com/fund/ivp) VC firm **2** rounds

[TPG](https://millionrounds.com/fund/tpg) Private equity **2** rounds

[Maverick Capital](https://millionrounds.com/fund/maverick-capital) VC firm **2** rounds

[Jared Leto](https://millionrounds.com/fund/jared-leto) Angel **2** rounds

[Y Combinator](https://millionrounds.com/fund/y-combinator) Accelerator **1** round

[General Catalyst](https://millionrounds.com/fund/general-catalyst) VC firm **1** round

[SV Angel](https://millionrounds.com/fund/sv-angel) VC firm **1** round

[Insight Partners](https://millionrounds.com/fund/insight-venture-partners) VC firm **1** round

[Fidelity](https://millionrounds.com/fund/fidelity) VC firm **1** round

[Comcast Ventures](https://millionrounds.com/fund/comcast-ventures) Corporate VC **1** round

[Bling Capital](https://millionrounds.com/fund/bling-capital) VC firm **1** round

[Elad Gil](https://millionrounds.com/fund/elad-gil) VC firm **1** round

[Sound Ventures](https://millionrounds.com/fund/sound-ventures) VC firm **1** round

[Epic Ventures](https://millionrounds.com/fund/epic-ventures-2) VC firm **1** round

[Brendan Wallace](https://millionrounds.com/fund/brendan-wallace) Angel **1** round

[Aaron Levie](https://millionrounds.com/fund/aaron-levie) VC firm **1** round

[IVP (Institutional Venture Partners)](https://millionrounds.com/fund/ivp-institutional-venture-partners) Growth equity **1** round

[Wefunder](https://millionrounds.com/fund/wefunder) VC firm **1** round

[Charlie Cheever](https://millionrounds.com/fund/charlie-cheever) Angel **1** round

[Justin Mateen](https://millionrounds.com/fund/justin-mateen) VC firm **1** round

[Hydrazine Capital](https://millionrounds.com/fund/hydrazine-capital) VC firm **1** round

[David Rusenko](https://millionrounds.com/fund/david-rusenko) VC firm **1** round

[Cambria Funds](https://millionrounds.com/fund/cambria-funds) Private equity **1** round

[Sohail Prasad](https://millionrounds.com/fund/sohail-prasad) VC firm **1** round

[Brad Gessler](https://millionrounds.com/fund/brad-gessler) Angel **1** round

[Titan Partners Holdings LLC](https://millionrounds.com/fund/titan-partners-holdings-llc) VC firm **1** round

[David Petersen](https://millionrounds.com/fund/david-petersen) Angel **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=zenefits).

## Also claim to have backed them

This firm lists Zenefits as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.

[Unanimous Capital](https://millionrounds.com/fund/unanimous-capital) VC firm Per its own site

## Quick answers about Zenefits

### Who invested in Zenefits?

Zenefits's investors include Andreessen Horowitz, Khosla Ventures, Founders Fund, Venrock and IVP, and 26 more on record.

### How much has Zenefits raised?

Zenefits has raised $584M across 5 rounds since 2013. One round did not disclose an amount, so the total is a floor.

### When did Zenefits last raise?

Zenefits's most recent round was a Venture in Oct 2021.

### What was Zenefits's biggest round?

Zenefits's largest round on record is $500M (Series C), in May 2015.

### Who backed Zenefits first?

Zenefits's first round on record, in Jul 2013, was backed by Y Combinator, Venrock and Bling Capital and 10 others.

### What stage is Zenefits at?

Zenefits's latest named round is a Venture, in Oct 2021.

### Where is Zenefits based?

Zenefits is based in the United States.

## Companies like Zenefits

In the same sector, and raised in the last eighteen months.

[**Star Therapeutics** $325M · Oct 2026](https://millionrounds.com/company/star-therapeutics)[**Promaxo** $106M · Oct 2026](https://millionrounds.com/company/promaxo)[**AI** $18M · Oct 2026](https://millionrounds.com/company/ai)[**Baba** $40M · Oct 2026](https://millionrounds.com/company/baba)[**Clinical Ink** $24M · Oct 2026](https://millionrounds.com/company/clinical-ink)[**Rejuvenate Bio** $13M · Oct 2026](https://millionrounds.com/company/rejuvenate-bio)

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