The payroll market is prime for disruption. Reeves said ZenPayroll will offer a service that is easier to use than what is offered by ADP and Paychex, the two heavyweights in the payroll market that have a combined market value of $38 billion. Kris Duggan, CEO and Co-Founder, Badgeville.Jeremy Stoppelman, CEO and co-founder, Yelp.Drew Houston, CEO and Co-Founder, Dropbox.David Sacks, CEO and Co-Founder, Yammer.When the company does its next round of financing, it will be a traditional venture capital lead round. A spokesperson wrote in an email that there were several who have been actively involved with the company, so it didn’t make sense to call out a specific one. ZenPayroll executives did not disclose the lead investors.

It is the largest seed round ever for a YC company, topping Funders Club, which raised $6 million in October. Y Combinator company ZenPayroll launched its cloud-based payroll service today with $6.1 million in seed funding from Google Ventures and investments from the CEOs at Yammer, Box, Yelp and Dropbox.

Co founder dropbox