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Venture Capital News: Zeal Collects $13M in Series A

2021-08-27
SAN FRANCISCO, CA, Zeal, a payroll solutions startup, has raised $13M in Series A led by Spark Capital.
According to TC, Zeal has raised $13M in Series A. Spark Capital led the round, with participation from Commerce Ventures and a group of individual investors including Marqeta CEO Jason Gardner and CRO Omri Dahan; Robinhood founder Vlad Tenev; UltimateSoftware executives Mitch Dauerman and Bob Manne; and Namely founder Matt Straz. The latest round gives the company $14.6 million in total funding.

Zeal develops modern payroll solutions for companies innovating new technology to pay workers in the digital age. The firm's API platform provides unprecedented control for companies to onboard employers and employees, run payroll, and manage compliance with ease.
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