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TriNet to acquire Cocoon for leave management boost

PUBLIC · TNETApr 09, 2026

Acquiring Company

TriNet

Acquired Company

Cocoon

DublinLondonOtherSoftwareInternet ServicesHuman ResourcesManufacturingMiningConstructionBuilding Material

Description

TriNet has announced a definitive agreement to acquire Cocoon, enhancing its leave management solutions for SMBs. This strategic acquisition will incorporate Cocoon's compliance-first leave product and AI-enabled workflows into TriNet's offerings. The deal is expected to close this month, pending regulatory approvals. Cocoon will become a wholly owned subsidiary of TriNet upon completion.

Company Information

Company

TriNet

Location

ONE PARK PLACE., SUITE 600

Dublin, California, United States

About

TriNet (NYSE: TNET) provides small and medium-size businesses (SMBs) with full-service HR solutions tailored by industry. To free SMBs from HR complexities, TriNet offers access to human capital expertise, benefits, risk mitigation and compliance, payroll and real-time technology. From Main Street to Wall Street, TriNet empowers SMBs to focus on what matters most—growing their business. TriNet, incredible starts here. For more information, visit TriNet.com or follow us on Twitter.

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Frequently asked

Who acquired Cocoon?

Cocoon was acquired by TriNet, based in Dublin. The deal was reported on April 9, 2026. TriNet (NYSE: TNET) provides small and medium-size businesses (SMBs) with full-service HR solutions tailored by industry. TriNet is publicly traded (TNET) and operates in Other.

When did TriNet acquire Cocoon?

TriNet's acquisition of Cocoon was reported on April 9, 2026. TriNet has announced a definitive agreement to acquire Cocoon, enhancing its leave management solutions for SMBs. This strategic acquisition will incorporate Cocoon's compliance-first leave product and AI-enabled workflows into TriNet's offerings. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Cocoon do?

Cocoon is a London-based climate technology startup focused on decarbonizing steel and concrete industries. Their innovative modular technology repurposes slag, a by-product of steel manufacturing, to create a low-carbon alternative for cement. It is privately held, operating in Manufacturing, and is based in London.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.