Parker Conrad is an American entrepreneur and technology executive, best known as the co-founder and former CEO of Zenefits, a cloud-based HR platform. Born in 1980 in New York City, he graduated from Harvard University with a degree in computer science.
Conrad’s journey led him to found Zenefits in 2013, becoming a notable success in Silicon Valley before stepping down amid regulatory issues. He later founded Rippling, a cloud-based employee management platform, securing substantial venture capital funding.
Parker Conrad Biography
| Full Name | Parker Conrad |
| Date of Birth | 1980 |
| Age | 43 |
| Birth Place | New York |
| Nationality | American |
| Profession(s) | founder of Rippling, CEO of Zenefits |
| Parker Conrad Net Worth | $1.8 billion (Last Updated August 2023) |
Parker Conrad Net Worth
Parker Conrad is an American entrepreneur and tech executive, renowned as the co-founder and former CEO of Zenefits, a cloud-based HR platform. His net worth is estimated to be around $1.8 billion. Conrad’s ventures have left a significant mark on the technology and business landscape, showcasing his prowess in the startup world.
Parker Conrad Early Life and Education
Parker Conrad, born in 1980 in New York City, embarked on his journey into the technology industry after attending Harvard University, where he pursued a degree in computer science. His formative years at Harvard provided the necessary knowledge and skills to excel in the tech world.
Conrad’s early life and education laid the groundwork for his future ventures as an entrepreneur and tech executive, co-founding Zenefits and later establishing Rippling, making significant contributions to the cloud-based HR and employee management platforms.
Parker Conrad Professional Career
Parker Conrad’s professional career has been marked by his entrepreneurial spirit and innovative contributions in the technology industry. After completing his education at Harvard University, he gained experience as a software engineer at Oracle and a startup called Ariba.
In 2013, Conrad co-founded Zenefits, a cloud-based HR platform that quickly gained prominence in Silicon Valley with a valuation of over $4 billion. However, regulatory issues led to his departure as CEO in 2015.
Undeterred by challenges, Conrad founded Rippling in 2017, a cloud-based employee management platform that received significant venture capital funding and achieved substantial success.
Related Article: Rippling Net Worth
Through these ventures, Conrad has demonstrated his ability to identify market gaps and create disruptive solutions in the HR and tech sectors.
His professional journey exemplifies his resilience and innovative mindset, driving him to create cutting-edge platforms that transform how businesses manage their human resources.
As an influential tech executive, Conrad continues to shape the landscape of modern HR and employee management systems.
Parker Conrad Companies
Parker Conrad is associated with the following companies:
- Zenefits: Co-founded in 2013, Zenefits is a cloud-based human resources platform that simplifies and automates HR tasks for businesses.
- Rippling: Founded in 2017, Rippling is a cloud-based employee management platform that offers a comprehensive suite of tools to manage HR, payroll, benefits, and more.
These companies showcase Conrad’s entrepreneurial endeavors in the technology industry, focusing on revolutionizing HR and employee management processes for businesses.
Parker Conrad Achievements
Parker Conrad’s achievements are primarily centered around his entrepreneurial ventures in the technology and HR sectors. Some of his notable achievements include:
- Co-founding Zenefits: Conrad co-founded Zenefits in 2013, a cloud-based HR platform that rapidly became one of the most successful startups in Silicon Valley with a valuation of over $4 billion.
- Founding Rippling: In 2017, Conrad founded Rippling, a cloud-based employee management platform that has received significant venture capital funding and achieved substantial success.
- Innovating HR Solutions: Through Zenefits and Rippling, Conrad has disrupted the traditional HR landscape, providing businesses with modern and efficient tools to manage their human resources, payroll, benefits, and more.
- Significant Funding: His ventures have secured substantial venture capital funding, indicating their potential and impact in the industry.
Conrad’s achievements highlight his ability to identify market gaps and create disruptive solutions in the technology and HR sectors, leaving a lasting impact on the way businesses manage their workforce.
Parker Conrad Facts
Here are some interesting facts about Parker Conrad:
- Birth and Education: Parker Conrad was born in 1980 in New York City. He attended Harvard University, where he earned a degree in computer science.
- Co-Founder of Zenefits: Conrad co-founded Zenefits in 2013, a cloud-based HR platform that quickly gained popularity and disrupted the traditional HR industry.
- Rapid Growth of Zenefits: Under Conrad’s leadership, Zenefits achieved remarkable growth, reaching a valuation of over $4 billion in a short period.
- Departure from Zenefits: Conrad stepped down as CEO of Zenefits in 2015 amid regulatory issues faced by the company.
- Founder of Rippling: After leaving Zenefits, Conrad founded Rippling in 2017, focusing on cloud-based employee management solutions.
- Rippling’s Success: Rippling has received significant venture capital funding and is valued at over $1 billion, showcasing its success in the industry.
- Resilient Entrepreneur: Despite facing challenges, Conrad’s entrepreneurial journey highlights his resilience and ability to create innovative solutions in the technology and HR sectors.Parker Conrad
FAQs
Who is Parker Conrad?
Parker Conrad is an American entrepreneur and technology executive known for co-founding Zenefits and founding Rippling, cloud-based HR and employee management platforms.
What is Parker Conrad’s educational background?
Conrad attended Harvard University and earned a degree in computer science.
What is Zenefits, and what role did Parker Conrad play in its success?
Zenefits is a cloud-based HR platform, and Parker Conrad co-founded it in 2013. He played a key role in its rapid growth and success in Silicon Valley.
Why did Parker Conrad step down as CEO of Zenefits?
Conrad stepped down as CEO of Zenefits in 2015 due to regulatory issues faced by the company.
When did Parker Conrad found Rippling, and what does the company offer?
Parker Conrad founded Rippling in 2017, and it is a cloud-based employee management platform that offers comprehensive HR solutions.
What is Parker Conrad’s net worth?
Parker Conrad’s net worth is estimated to be around $1.8 billion.