Zeal Payroll Strengths, Domain Expertise, and Key Differentiators
Zeal Payroll offers a fully automated platform that simplifies complex payroll tasks, including tax compliance and benefits management, while providing flexibility with white-label solutions and multiple payment methods. The platform also introduces innovative features like Earned Wage Access, Remote I-9 with E-Verify, and a customizable mobile app, enhancing both employer and employee experience. With strong security, scalability, and strategic partnerships, Zeal is positioned for growth, supported by a $15 million Series B funding round in 2024.
Zeal Payroll Recent Developments
In October 2024, Zeal raised $15 million in Series B funding, led by Portage with backing from Spark Capital and Commerce Ventures, to enhance its payroll solutions for staffing, gig-work platforms, and HR services. The company introduced several innovations, including Remote I-9 with E-Verify, customizable onboarding, benefits administration, a white-label mobile app, paycards, digital wallets, and earned wage access. Zeal also formed strategic partnerships, such as with Wonolo, to improve worker satisfaction and retention by facilitating daily pay for W-2 employees.
Zeal Payroll Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Zeal Payroll applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of Zeal Payroll and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified Zeal Payroll customers.
Zeal Payroll Overview
80 Langton Street
San Francisco, CA, 94103, United States
1 415-214-9698
https://www.zeal.com/
Ownership: - x
Number of Employees: 60
Functional Markets: ERP Financial, HCM,
Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Communication, Construction and Real Estate, CPG, Distribution, Education, Government, Healthcare, Insurance, Leisure and Hospitality, Life Sciences, Manufacturing, Media, Non Profit, Oil Gas Chemicals, Professional Services, Retail, Transportation, Utility,
Zeal Payroll Key Enterprise and Cloud Applications
Zeal Payroll
Zeal Payroll Revenues, $M:
| Type/Year | 2023 | 2024 | YoY Growth, % |
|---|---|---|---|
| Total Revenues, $M | Subscribe | Subscribe | Subscribe |
| Enterprise Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
| Cloud Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
Zeal Payroll Revenue Breakdown By Type, $M:
Zeal Payroll Enterprise Applications Revenues By Functional Markets, $M:
Zeal Payroll Enterprise Applications Revenues By Verticals, $M:
Zeal Payroll Revenues By Region, $M
| Region | % of Total Revenues | 2024 Total Revenues, $M | 2024 Enterprise Applications Revenues, $M | 2024 Cloud Applications Revenues, $M |
|---|---|---|---|---|
| Americas | Subscribe | Subscribe | Subscribe | Subscribe |
| EMEA | Subscribe | Subscribe | Subscribe | Subscribe |
| APAC | Subscribe | Subscribe | Subscribe | Subscribe |
| Total | Subscribe | Subscribe | Subscribe | Subscribe |
Zeal Payroll Direct vs Indirect sales
| Type | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
Zeal Payroll Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified Zeal Payroll Customers
No. of Zeal Payroll Customers: x
No. of Zeal Payroll Enterprise Applications Customers: x
No. of Zeal Payroll Cloud Customers: x
No. of Zeal Payroll Cloud Subscribers: x
Zeal Payroll serves a range of clients, including companies like Wonolo, Qwick, Lawtrades, Band of Hands, and WorkGenius. These partnerships reflect Zeal's focus on providing payroll solutions designed for staffing agencies, gig platforms, and HR service providers.
Zeal Payroll Market Opportunities, M&A and Geo Expansions
Zeal Payroll has several growth opportunities in 2024, including expanding into the growing gig economy, strengthening strategic partnerships, and potentially pursuing international expansion. The company can further capitalize on its white-label solutions and customization to appeal to a broader range of businesses. With $15 million in Series B funding, Zeal is positioned to continue innovating its payroll platform, improving its user experience, and tapping into new markets.
Zeal's API platform opens up vast market opportunities in the payroll space. The ability to integrate with existing systems, coupled with customizable white-label components, enables businesses to create and sell personalized payroll products, catering to diverse industries and market segments.
Zeal Payroll Risks and Challenges
Zeal Payroll faces intense market competition and must continuously innovate to stay ahead. Regulatory changes, data security concerns, and dependence on key partnerships could impact its operations, while challenges related to scalability and international expansion may affect its growth.
Zeal Payroll Ecosystem, Partners, Resellers and SI
Zeal focuses on integrating technologies and forming strategic partnerships. The company primarily uses direct sales as its main distribution channel to market and sell its products.
Research Methodology
Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.
Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).
For additional information on our methodologies, here's the link:
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