Parker Conrad

$3.40 B

Ranked #1211 in World

About Parker Conrad

Parker Conrad, a prominent figure in the tech startup ecosystem, co-founded Rippling, an innovative cloud-based HR platform, after a significant tenure at Zenefits as co-founder and CEO. With roots in New York City, Conrad's early fascination with science led him from high school research on sea snails to Harvard University, where he overcame academic challenges and a health scare to earn a Chemistry degree. Transitioning into the biotech sphere with Amgen and later embarking on entrepreneurial ventures, including Wikinvest (now SigFig), Conrad's career trajectory took a pivotal turn with Zenefits. The company, under his leadership, skyrocketed to a valuation of $4.5 billion within two years, despite later facing legal and regulatory hurdles. His journey, marked by rapid growth, controversies, and resilience, positions him as a significant figure in the startup and HR technology sectors.

Born

April 13, 1980

Age

45 years

Source Of Wealth

Software

Industries

Technology

Citizenship

United States

Residence

San Francisco, California

Education

Bachelor of Arts/Science, Harvard University

Parker Conrad was born in New York City to Ellen Rouse Conrad and Winthrop B. Conrad, Jr. He attended The Collegiate School and developed an early interest in science, particularly the neurobiology of sea snails. His talent in this field was recognized when he won $20,000 in the prestigious Westinghouse Talent Search during high school.

Parker Conrad: Family

Parker Conrad comes from a supportive and accomplished family. His father, Winthrop B. Conrad, Jr., is a prominent attorney, while his mother, Ellen Rouse Conrad, is a successful businesswoman. Parker's family has played a significant role in shaping his entrepreneurial spirit and providing him with the necessary encouragement and resources to pursue his ambitions.

Parker Conrad: Career Highlights

Parker Conrad's career is marked by several notable achievements and milestones. After graduating from Harvard University, he worked as a product manager at the renowned biotechnology firm Amgen. He then co-founded Wikinvest (now SigFig) with Mike Sha, but their partnership faced challenges, leading to Conrad's departure in 2012.

In the same year, Conrad launched Zenefits, a cloud-based HR platform that revolutionized the way companies manage their human resources. Zenefits experienced rapid growth and was recognized as the fastest-growing startup in 2014. Within two years, it reached a valuation of $4.5 billion.

Parker Conrad: Companies

Parker Conrad has been instrumental in the success of several companies throughout his career. He co-founded Wikinvest (now SigFig), a financial technology company, and served as its CEO. However, his most notable venture is Zenefits, a cloud-based HR platform that he co-founded and led as CEO. Zenefits aimed to simplify HR processes for businesses and gained significant traction in the market.

Parker Conrad: Major Achievements

Parker Conrad's major achievements include co-founding and leading Zenefits to become one of the fastest-growing startups in the United States. Under his leadership, Zenefits revolutionized the HR industry by offering a comprehensive cloud-based platform for managing human resources.

His contributions to the field of HR technology have had a profound impact on businesses and HR professionals.

Parker Conrad: Awards & Achievements

Parker Conrad's success and contributions to the tech industry have been recognized through various awards and accolades. In 2015, he was listed as Number 20 on Fortune's prestigious 40 Under Forty list, which highlights the most influential young leaders in business. This recognition underscores Conrad's exceptional achievements and his potential to shape the future of technology.

Parker Conrad: Personal Life & Legacy

Parker Conrad's personal life has been marked by both triumphs and challenges. At the age of 24, he was diagnosed with testicular cancer and underwent successful treatment. This experience instilled in him a deep appreciation for life and a determination to make a positive impact on the world. Conrad is known for his philanthropic efforts and his commitment to social causes.

Parker Conrad: Trivia

Parker Conrad's journey is filled with interesting trivia. While studying at Harvard University, he served as the managing editor of The Harvard Crimson, the university's daily student newspaper. Despite initially failing out of Harvard, he persevered and returned to complete his degree in Chemistry in 2003.

Wealth History

Timeline

N/A

Parker Conrad is born in New York City to Ellen Rouse Conrad and Winthrop B. Conrad, Jr.

N/A

Conrad attends The Collegiate School and studies neurobiology of sea snails in high school, winning $20,000 in the Westinghouse Talent Search.

N/A

Conrad studies at Harvard University, serves as managing editor of The Harvard Crimson, fails out but returns to graduate in 2003 with a degree in Chemistry.

N/A

Conrad is diagnosed and treated for testicular cancer at age 24.

N/A

Conrad works as a product manager at Amgen biotechnology firm.

2012

Conrad co-founds Wikinvest (now SigFig) with Mike Sha, but leaves after a falling out in 2012.

2012

Conrad launches Zenefits, focusing on health insurance and payroll.

2014

Zenefits is named the fastest-growing startup, valued at $4.5 billion after two years.

2015

Conrad is listed as Number 20 on Fortune's 40 Under Forty list.

2016

Conrad resigns from Zenefits after revelations of unlicensed brokers selling health insurance.

Parker Conrad : FAQs

What is Parker Conrad's current net worth?

Parker Conrad's current net worth is $3.40 billion.

What is Parker Conrad's current global rank among billionaires?

Parker Conrad holds the 1211th position globally among billionaires.

What is Parker Conrad's current ranking within the United States?

Parker Conrad holds the 441st position in United States.

What was the change in Parker Conrad's net worth compared to the previous year?

Parker Conrad's net worth decreased by 0 million dollars compared to the previous year 2025, when his net worth was 3.40 billion dollars.

What are Parker Conrad's main sources of wealth?

Parker Conrad's main source of income comes from Software.

In which industry does Parker Conrad primarily operate?

Parker Conrad is primarily involved in the Technology industry.

What is Parker Conrad educational background?

Parker Conrad holds a Bachelor of Arts/Science from Harvard University.

How old is Parker Conrad?

Parker Conrad is 45 years old.

Who is Parker Conrad and what is Rippling?

Parker Conrad is the co-founder of Rippling, a cloud-based HR platform that simplifies company workflow by integrating payroll, benefits, and other HR functions. Before Rippling, Conrad co-founded and was CEO of Zenefits, another HR software company.

What achievements did Parker Conrad have in his early life?

In his early life, Parker Conrad showed remarkable academic prowess. Born in New York City, he attended The Collegiate School and excelled in a neurobiology project on sea snails in high school, winning $20,000 in the Westinghouse Talent Search. Conrad also attended Harvard University, where he served as managing editor of The Harvard Crimson, and despite an academic setback, he returned to graduate in 2003 with a degree in Chemistry. Additionally, Conrad faced and overcame testicular cancer at age 24.

How did Parker Conrad start his career before founding Rippling and Zenefits?

Before making his mark with Rippling and Zenefits, Parker Conrad began his career as a product manager at Amgen, a biotechnology firm. He then co-founded Wikinvest (now SigFig) with Mike Sha but left due to a falling out in 2012. His entrepreneurial journey leading to the HR industry started with the founding of Zenefits in 2012, focusing on health insurance and payroll services.

What controversy surrounded Zenefits under Parker Conrad's leadership?

Zenefits, under Parker Conrad's leadership, faced significant controversy when it was investigated for non-compliance with state insurance regulations. The burgeoning startup, once valued at $4.5 billion, came under scrutiny for allowing unlicensed brokers to sell health insurance, leading to Conrad's resignation in 2016. The company also faced backlash for revoking a job offer to an engineer publicly on Quora.

What recognition did Parker Conrad receive by 2015?

By 2015, Parker Conrad was recognized for his entrepreneurial success and was listed as Number 20 on Fortune's 40 Under Forty list, highlighting his significant contributions to the startup ecosystem through his work with Zenefits, and laying the groundwork for his future endeavors, including founding Rippling.