TriNet

About

TriNet provides HR solutions to small to mid-sized businesses including payroll, health benefits, and human capital management.

San Leandro,California,United States
1001 - 5000
http://trinet.com

Highlights

Details

Last Funding Type: Post-IPO Equity
Last Funding Money Raised: $16.68M
Industries: Enterprise Software,Human Resources,Risk Management,Software
Founded date: Jan 1, 1988
Number Of Employee: 1001 - 5000
Operating Status: Active
Stock Symbol: nyse:TNET
Legal Name: TriNet Group, Inc.

TriNet provides HR solutions to small to mid-sized businesses including payroll, health benefits, and human capital management. TriNet is a professional employer organization headquartered in San Leandro, California.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

4

$696.68M

TriNet has raised a total of $696.68M in funding over 2 rounds. Their latest funding was raised on Mar 1, 2022 from a Post-IPO Equity round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Mar 1, 2022	Post-IPO Equity	$16.68M	—	—	—	Detail
Dec 22, 2016	Post-IPO Secondary	$440M	1	Atairos	—	Detail
Mar 28, 2014	IPO	$240M	—	—	—	Detail
Jun 9, 2005	Private Equity（PE）	—	1	—	—	Detail

Investments

Number of Investments

Number of Lead Investments

1

0

TriNet has made 1 investments. Their most recent investment was on Jan 15, 2013, when AUTO1 Group raised 0.

Date Company Name	Round	Money Raised	Industry	Lead Investor
Jan 15, 2013 AUTO1 Group	Seed	—	Automotive	—

Investors

Number of Lead Investors

Number of Investors

1

2

TriNet is funded by 2 investors. Atairos and General Atlantic are the most recent investors.

Investor Name	Lead Investor	Funding Round
Atairos	Yes	Post-IPO Secondary
General Atlantic	—	Private Equity（PE）

Employee Profiles

Number of Employee Profiles

28

TriNet has 28 current employee profiles, including Employee Shivani Sharma

Employee

Employee

Executive

Employee

Employee

Acquisition

TriNet has acquired 9 organizations. Their most recent acquisition was Gevity HR on Mar 5, 2009. They acquired Gevity HR for $98M.

Date Company Name	Industry	Acquisition Type	Price
Mar 5, 2009 Gevity HR	Human Resources	acquisition	$ 98M	Detail
May 9, 2012 ExpenseCloud	Accounting	acquisition	—	Detail
Sep 14, 2012 Strategic Outsourcing	Consulting	acquisition	—	Detail
Jul 2, 2013 Ambrose Employer Group	Human Resources	acquisition	—	Detail
Feb 1, 2014 Cost Cooperative	E-Commerce	acquisition	—	Detail