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Zenefits
TriNet Zenefits (legal name: YourPeople, Inc., previously known as Zenefits) is a technology company based in San Francisco, that offers cloud-based software as a service to companies for managing their human resources, with a particular focus on helping them with payroll and health insurance coverage. The company was founded in 2013. History Zenefits was started by Parker Conrad and Laks Srini to help startups and small businesses find insurance quotes and manage employee benefits in one place. It officially launched on February 18, 2013. In January 2014, the company announced the addition of commuter spending, flexible spending, and 401(k) support, to replace functions usually handled by companies' human resources departments. In July, the company announced support for stock options in its cloud HR platform. On April 21, 2015, ''TechCrunch'' reported that Zenefits raised somewhere between $300 million and $500 million at a valuation worth $3 billion, and possibly as high as $ ...
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Parker Conrad
Parker Conrad (born 1980) is cofounder of Rippling, a cloud-based human resources platform designed to assist with onboarding, payroll, benefits, and vacation tracking. Prior to starting Rippling, he was the cofounder and CEO of Zenefits. Early life Conrad was born in New York City to Ellen Rouse Conrad, a president and founder of the non-profit environmental group the Bedford 2020 Coalition, and Winthrop B. Conrad, Jr., a now retired senior partner at the New York law firm Davis Polk & Wardwell. He attended the prestigious Upper West Side preparatory school The Collegiate School, and spent nearly two years during high school studying the neurobiology of sea snails. This research ultimately won him $20,000 and third place nationally in the Westinghouse Talent Search. Despite this early display of an evident talent for science, Parker admits that his high school grades were generally mediocre. In the fall of 1998 Conrad began studying at Harvard University, where he served as ...
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TriNet
TriNet Group, Inc. is an American cloud-based professional employer organization for small and medium-sized businesses. TriNet administers payroll and health benefits and advises clients on employment law compliance and risk reduction, acting in some cases as an outsourced human resources department. TriNet is headquartered in Dublin, California. TriNet partners with organizations between 3 and 2,500 employees. Founded in 1988, TriNet initially offered basic employee benefits, dental coverage, life and disability insurance and employment law guidance. Since then, TriNet has broadened its offerings to add payroll services, Fortune-500 benefits, 401(k) guidance, worker's compensation, liability insurance, and strategic human resources support and services. The company also provides online tools such as web-hosted management portals for a manager and employee self-service. History TriNet was founded in 1988 by entrepreneur Martin Babinec in San Leandro, California. Babinec led Tri ...
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Francisco Partners
Francisco Partners is an American private equity firm focused exclusively on investments in technology and technology-enabled services businesses. Founded in August 1999 and based in San Francisco with offices in London and New York City, Francisco Partners Management L.P. has raised approximately US$24 billion in committed capital as of June 2020 when the firm raised nearly $10 billion for tech company investments. As of 2021, Francisco Partners had more than US$30 billion in assets under management, and invested in over 300 companies in the technology sector. History 1999–2011 Francisco Partners was founded in August 1999, in Menlo Park, California, during the emergence of dedicated technology buyout firms. Founders Sanford Robertson, Dipanjan Deb, David Stanton, Benjamin Ball, and Neil Garfinkel came from a variety of private equity firms. Robertson had been the founder of the technology-focused investment bank Robertson Stephens, while Deb left TPG Capital in August 1999, i ...
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Thrive Global
Thrive Global is an American company that provides behavior change technology. It was founded by Arianna Huffington in August 2016. The company is based in New York City. In 2017, Thrive Global raised $30 million in a new funding round that valued the company at $120 million. The same year, the company was named one of the Top 10 NYC Startups to Watch in 2017 by ''Inc.'' In 2018, Thrive Global was named to LinkedIn's list of "The 50 most sought-after startups in the U.S." In 2021, Thrive Global was named to Forbes' list of "America's Best Startup Employers." History In March 2014, Arianna Huffington published the book ''Thrive: The Third Metric to Redefining Success and Creating a Life of Well-Being, Wisdom, and Wonder'', a No. 1 New York Times bestseller, which addressed the personal and collective crisis of stress and burnout, as well as the widespread longing “to redefine success and what it means to lead ‘the good life.’” Huffington says a 2007 incident in whi ...
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Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal entities f ...
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Bloomberg Businessweek
''Bloomberg Businessweek'', previously known as ''BusinessWeek'', is an American weekly business magazine published fifty times a year. Since 2009, the magazine is owned by New York City-based Bloomberg L.P. The magazine debuted in New York City in September 1929. Bloomberg Businessweek business magazines are located in the Bloomberg Tower, 731 Lexington Avenue, Manhattan in New York City and market magazines are located in the Citigroup Center, 153 East 53rd Street between Lexington and Third Avenue, Manhattan in New York City. History ''Businessweek'' was first published based in New York City in September 1929, weeks before the stock market crash of 1929. The magazine provided information and opinions on what was happening in the business world at the time. Early sections of the magazine included marketing, labor, finance, management and Washington Outlook, which made ''Businessweek'' one of the first publications to cover national political issues that directly impacted the b ...
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Sidecar Health
Sidecar Health is an American health insurance company headquartered in El Segundo, California. The company offers insurance plans serving the large group, ACA and IFP markets in 18 states. History Sidecar Health was founded in El Segundo, California in 2018 by Patrick Quigley and Veronica Osetinsky. The pair were previously executives at Katch (formerly Vantage Media), an online advertising technology company and customer acquisition marketplace for insurers. The company launched its first insurance product in 2019 in Texas, as the state's large uninsured population offered a sizable potential customer base. By the end of the year, Sidecar Health had expanded to Alabama, Arkansas, Florida, Georgia, Kentucky, and North Carolina. Sidecar Health initially raised $18 million in funding through venture capital firms GreatPoint Ventures and Morpheus Ventures. In July 2020, it raised $20 million in a new round of funding that included Comcast Ventures, Kauffman Fellows, and 23andM ...
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COVID-19 Pandemic
The COVID-19 pandemic, also known as the coronavirus pandemic, is an ongoing global pandemic of coronavirus disease 2019 (COVID-19) caused by severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2). The novel virus was first identified in an outbreak in the Chinese city of Wuhan in December 2019. Attempts to contain it there failed, allowing the virus to spread to other areas of Asia and later worldwide. The World Health Organization (WHO) declared the outbreak a public health emergency of international concern on 30 January 2020, and a pandemic on 11 March 2020. As of , the pandemic had caused more than cases and confirmed deaths, making it one of the deadliest in history. COVID-19 symptoms range from undetectable to deadly, but most commonly include fever, dry cough, and fatigue. Severe illness is more likely in elderly patients and those with certain underlying medical conditions. COVID-19 transmits when people breathe in air contaminated by droplets and ...
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Arianna Huffington
Arianna Stassinopoulos Huffington (née Ariadnē-Anna Stasinopoúlou, el, Αριάδνη-Άννα Στασινοπούλου ; born July 15, 1950) is a Greek-American author, syndicated columnist and businesswoman. She is a co-founder of ''The Huffington Post'', the founder and CEO of Thrive Global, and the author of fifteen books. She has been named to ''Time'' magazine's list of the world's 100 most influential people and the ''Forbes'' Most Powerful Women list. Huffington serves on numerous boards, including Onex, and Global Citizen. Her last two books, ''Thrive: The Third Metric to Redefining Success and Creating a Life of Well-Being, Wisdom, and Wonder'' and ''The Sleep Revolution: Transforming Your Life, One Night at a Time'', both became instant international bestsellers. Huffington, the former wife of Republican congressman Michael Huffington, co-founded ''The Huffington Post'', which is now owned by BuzzFeed. She was a popular conservative commentator in the mid-1 ...
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SaaS
Software as a service (SaaS ) is a software licensing and delivery model in which software is licensed on a subscription basis and is centrally hosted. SaaS is also known as "on-demand software" and Web-based/Web-hosted software. SaaS is considered to be part of cloud computing, along with infrastructure as a service (IaaS), platform as a service (PaaS), desktop as a service (DaaS), managed software as a service (MSaaS), mobile backend as a service (MBaaS), data center as a service (DCaaS), integration platform as a service (iPaaS), and information technology management as a service (ITMaaS). SaaS apps are typically accessed by users of a web browser (a thin client). SaaS became a common delivery model for many business applications, including office software, messaging software, payroll processing software, DBMS software, management software, CAD software, development software, gamification, virtualization, accounting, collaboration, customer relationship management (CRM), ...
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Tennessee
Tennessee ( , ), officially the State of Tennessee, is a landlocked state in the Southeastern region of the United States. Tennessee is the 36th-largest by area and the 15th-most populous of the 50 states. It is bordered by Kentucky to the north, Virginia to the northeast, North Carolina to the east, Georgia, Alabama, and Mississippi to the south, Arkansas to the southwest, and Missouri to the northwest. Tennessee is geographically, culturally, and legally divided into three Grand Divisions of East, Middle, and West Tennessee. Nashville is the state's capital and largest city, and anchors its largest metropolitan area. Other major cities include Memphis, Knoxville, Chattanooga, and Clarksville. Tennessee's population as of the 2020 United States census is approximately 6.9 million. Tennessee is rooted in the Watauga Association, a 1772 frontier pact generally regarded as the first constitutional government west of the Appalachian Mountains. Its name derives from "Tanas ...
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TechCrunch Disrupt
TechCrunch is an American online newspaper focusing on high tech and startup companies. It was founded in June 2005 by Archimedes Ventures, led by partners Michael Arrington and Keith Teare. In 2010, AOL acquired the company for approximately $25 million. Following the 2015 acquisition of AOL and Yahoo by Verizon, the site was owned by Verizon Media from 2015 through 2021. In 2021 Verizon sold its media assets, including AOL, Yahoo, and TechCrunch, to the private equity firm Apollo Global Management, and Apollo integrated them into a new entity called Yahoo. In addition to its news reporting, TechCrunch is also known for its Disrupt conference, an annual technology event hosted in several cities across United States, Europe, and China. History TechCrunch was founded in June 2005 by Archimedes Ventures, led by partners Michael Arrington and Keith Teare. In 2010, AOL acquired the company for approximately $25 million. As of 2013, TechCrunch was available in English, Chinese ...
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