TriNet

TriNet provides human resources, benefits, payroll, workers compensation, and strategic human capital services. Read more

Burton M. Goldfield's photo - President & CEO of TriNet

President & CEO

Burton M. Goldfield

CEO Approval Rating

82/100

Founded:

1988

Status:

PublicIndependent CompanyNYSETNET

TRINET TOP COMPETITORS OR ALTERNATIVES

RANK

COMPANY

CEO

CEO RATING

EMPLOYEES

FUNDING

REVENUE

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ADP is one of TriNet's top competitors. ADP was founded in 1949, and its headquarters is in Roseland, New Jersey. ADP competes in the Internet Software field. ADP has 54,900 more employees than TriNet.

Paychex is TriNet's #2 rival. Paychex was founded in 1971 in Rochester, New York. Paychex operates in the Business Support Services industry. Paychex generates $91.3M less revenue than TriNet.

Insperity is a top competitor of TriNet. Insperity is a Public company that was founded in Kingwood, Texas in 1986. Insperity is in the Business Support Services industry. Insperity has 500 more employees vs. TriNet.

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TriNet Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$4B

TriNet's revenue is the ranked 4th among it's top 10 competitors. The top 10 competitors average 2.7B. Over the last four quarters, TriNet's revenue has grown by 1.1%. Specifically, in Q1 2021's revenue was $1.1B; in Q3 2020, it was $975M; in Q2 2020, it was $948M; in Q1 2020, TriNet's revenue was $1B.

TriNet Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
Little Bird HR

Jul 2020

Source »
undisclosed
Little Bird is a Professional Employer Organization platform that provides payroll management and on-boarding solutions for the educational sector.
Teleborder

Apr 2016

Source »
undisclosed
Teleborder provides HR management system solutions to manage the immigration process of company's management, employees and new hires.

-

Ambrose Employer Group, LLC

Jul 2013

Source »
undisclosed
-

-

-

Sep 2012

Source »
undisclosed
-

-

-

May 2012

Source »
undisclosed
-

These are all the companies that TriNet has acquired. TriNet has acquired 11 companies and its latest acquisition was Little Bird HR in Jul 2020. Little Bird is a Professional Employer Organization platform that provides payroll management and on-boarding solutions for the educational sector.

TriNet Funding History

Since TriNet was founded in 1988, it has participated in 2 rounds of funding. In total TriNet has raised $300.0M. TriNet's last funding round was on Mar 2014 for a total of $240.0M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

IPO
Mar 2014
$240M

Debt
Jun 2009
$60M

Comerica Bank

Since TriNet was founded in 1988, it has participated in 2 rounds of funding. In total TriNet has raised $300.0M. TriNet's last funding round was on Mar 2014 for a total of $240.0M

TriNet Investments

No recent investments found related to TriNet

These are all the companies that TriNet has invested in. TriNet has invested 11 companies and its latest investment was Little Bird HR in Jul 2020. Little Bird is a Professional Employer Organization platform that provides payroll management and on-boarding solutions for the educational sector.

TriNet News

May 27, 2021Markets Insider

TriNet Receives Two 2021 TrustRadius Top Rated Awards for HR Management and Payroll

DUBLIN, Calif., May 27, 2021 /PRNewswire/ -- TriNet, a leading provider of comprehensive human resour... See more »
April 22, 2021Markets Insider

Working in the New Normal - Part 2 Practical Solutions to Common Wage and Hour Issues in California

DUBLIN, Calif., April 22, 2021 /PRNewswire/ --WHAT: TriNet Webinar Series: Working in the New Normal ... See more »
April 12, 2021Markets Insider

TriNet to Report First Quarter 2021 Financial Results on April 26

DUBLIN, Calif., April 12, 2021 /PRNewswire/ -- TriNet (NYSE: TNET), a leading provider of comprehensi... See more »
April 9, 2021MarketScreener

Working in the New Normal - Considerations for Employers in California

(marketscreener.com) DUBLIN, Calif., April 9, 2021 /PRNewswire/ -- WHAT: TriNet Webinar: Working in t... See more »
April 8, 2021MarketScreener

Introduces Corporate Social Responsibility Program That Encourages Entrepreneurism, Benefits Nonprofits and Provides Employee Volunteer Opportunities

(marketscreener.com) DUBLIN, Calif., April 8, 2021 /PRNewswire/ -- TriNet, a leading provider of comp... See more »
March 17, 2021MarketScreener

What you Need to Know About Employer Contributions to Employee Medicare

(marketscreener.com) In today's environment employees are choosing to delay retirement. According to ... See more »
March 16, 2021Global Legal Chronicle

TriNet Group's $500 Million Credit Agreement

Simpson Thacher represented the joint lead arrangers and joint bookrunners, led by JPMorgan Chase Ban... See more »

TriNet Blogs

TriNet Press Releases

March 19, 2021centralcharts

What is in the American Rescue Plan Act of 2021 and What it Means for Your Business

TriNet Webinar: What is in the American Rescue Plan Act of 2021 and What it Means for Your Business P... See more »
March 2, 2021PR Newswire

TriNet Announces New Product Features That Enhance the Competitive Edge for Small and Medium-Size Businesses

DUBLIN, Calif., March 2, 2021 /PRNewswire/ -- TriNet, a leading provider of comprehensive human resou... See more »
October 15, 2020PR Newswire

Former U.S. President, a Distinguished Roster of Medical Experts and Respected Business Leaders Among the Prominent Speakers to Join TriNet PeopleForce October 20-22

DUBLIN, Calif., Oct. 15, 2020 /PRNewswire/ -- TriNet, a leading provider of comprehensive human resou... See more »
September 30, 2020PR Newswire

Jenna Bush Hager Added to TriNet PeopleForce Roster

DUBLIN, Calif., Sept. 30, 2020 /PRNewswire/ -- TriNet, a leading provider of comprehensive human reso... See more »
September 24, 2020PR Newswire

Former U.S. President Joins TriNet PeopleForce

DUBLIN, Calif., Sept. 24, 2020 /PRNewswire/ -- TriNet, a leading provider of comprehensive human reso... See more »
September 23, 2020PR Newswire

TriNet's COVID-19 Resource Center Earns a Silver Stevie Award for Most Valuable Corporate Response

DUBLIN, Calif., Sept. 23, 2020 /PRNewswire/ -- TriNet, a leading provider of comprehensive human reso... See more »
September 16, 2020PR Newswire

TriNet Unveils the Next Chapter of Its Award-Winning 'People Matter' Ad Campaign

DUBLIN, Calif., Sept. 16, 2020 /PRNewswire/ -- TriNet, a leading provider of comprehensive human reso... See more »

TriNet Videos

November 2, 2020TriNet Youtube Channel

"TriNet: Finding a Doc (30s)" on YOUTUBE

November 2, 2020TriNet Youtube Channel

"TriNet: Maternity (15s)" on YOUTUBE

October 20, 2020TriNet Youtube Channel

"TriNet PeopleForce 3" on YOUTUBE

October 20, 2020TriNet Youtube Channel

"TriNet PeopleForce 1" on YOUTUBE

October 20, 2020TriNet Youtube Channel

"TriNet PeopleForce 2" on YOUTUBE

September 16, 2020TriNet Youtube Channel

"TriNet: The Switch" on YOUTUBE

September 9, 2020TriNet Youtube Channel

"TriNet: PPP" on YOUTUBE

Social Media

TriNet Headquarters

One Park Place Suite 600

Dublin, California94568

510-352-5000

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TriNet Summary

ABOUT

Overview

Trinet Group, Inc. (NYSE: TNET) provides human resources, benefits, payroll, workers' compensation, and strategic human capital services. Founded by Martin Babinec in 1988 and headquartered in San Leandro, California with 2,057 employees, it has the ...

CEO

TriNet's President & CEO, Burton M. Goldfield, currently has an approval rating of 82%. TriNet's primary competitors are ADP, Paychex & Insperity.

Website

trinet.com

Frequently Asked Questions about TriNet

  1. When was TriNet founded?

    TriNet was founded in 1988
  2. Who is TriNet's CEO?

    TriNet's CEO is Burton M. Goldfield
  3. How much revenue does TriNet generate?

    TriNet generates $4B in revenue
  4. How much funding does TriNet have?

    TriNet has historically raised $300M in funding
  1. Where is TriNet's headquarters?

    TriNet's headquarters is in Dublin California, USA
  2. How many employees does TriNet have?

    TriNet has 3,100 employees
  3. What sector does TriNet operate in?

    TriNet is in Business Support Services, Payroll & Benefit Support Services
  4. Who are TriNet's competitors?

    TriNet's top competitors are ADP, Paychex, Insperity