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Venture Capital News: Zenefits Raises $66.5M

2014-06-04
SAN FRANCISCO, CA, Business startup Zenefits has raised a $66.5 million financing round.
Business startup Zenefits has raised a $66.5 million financing round.

The latest funding round was led by Andreessen Horowitz. Other investors include IVP, SV Angel, and Hydrazine Capital. Academy Award-winning actor Jared Leto is also an investor.

Zenefits is an insurance brokerage that helps runs your benefits, so you can run your business. First, Zenefits helps you get affordable benefits for your company'from healthcare to 401k'in minutes. Then Zenefits manages all your ongoing, time-consuming HR work for you'so you don™t have to. Already have benefits? You can outsource your current HR headaches in just one click. Zenefits automatically manages your payroll, healthcare, COBRA, 401k, commuter benefits, and more.
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