Zoom

Zoom

Video conferencing and online meeting solutions

About Zoom

Simplify's Rating
Why Zoom is rated
C+
Rated C on Competitive Edge
Rated B on Growth Potential
Rated C on Rating Differentiation

Industries

Enterprise Software

Education

Healthcare

Company Size

10,001+

Company Stage

IPO

Headquarters

San Jose, California

Founded

2013

Overview

Zoom provides video conferencing and online meeting solutions that allow users to conduct virtual meetings, webinars, and collaborative sessions. Its main product is video conferencing software, which enables high-quality video and audio communication, along with features like screen sharing, group messaging, and virtual backgrounds. Zoom also offers specialized products for larger events, such as Zoom Webinars and Zoom Events. The company operates on a freemium model, providing basic services for free while charging for advanced features through subscription plans tailored for various users, including businesses, educational institutions, and healthcare providers. Zoom stands out from competitors due to its user-friendly interface, reliable performance, and scalability for different needs, making it a vital tool for remote work, online education, telehealth, and social interactions.

Simplify Jobs

Simplify's Take

What believers are saying

  • Increased demand for hybrid work solutions boosts Zoom's innovation in video conferencing tools.
  • The rise of virtual events expands Zoom's market share and product offerings.
  • Telehealth expansion positions Zoom as a critical tool for healthcare providers.

What critics are saying

  • Competition from Microsoft Teams and Google Meet threatens Zoom's market share.
  • Rapid AI integration by competitors could outpace Zoom's developments.
  • Freemium model may limit revenue growth if users don't convert to paid plans.

What makes Zoom unique

  • Zoom's AI Companion enhances communication and collaboration, setting it apart from competitors.
  • Zoom Cobrowse SDK allows businesses to integrate video conferencing into web applications.
  • Zoom Workplace for Clinicians targets the growing telehealth market with specialized solutions.

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Funding

Total Funding

$144.4M

Below

Industry Average

Funded Over

6 Rounds

IPO funding comparison data is currently unavailable. We're working to provide this information soon!
IPO Funding Comparison
Coming Soon

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

Hybrid Work Options

Flexible Work Hours

Stock Options

Company Equity

Paid Vacation

Paid Sick Leave

Growth & Insights and Company News

Headcount

6 month growth

↑ 0%

1 year growth

↑ 3%

2 year growth

↓ -1%
MedCity News
Mar 7th, 2025
6 HIMSS Announcements You Don't Want to Miss

Zoom launched beta programs for a new platform called Zoom Workplace for Clinicians, as well as for a new AI companion.

Social Prosperity
Feb 21st, 2025
6 Practical Tips for Building Stronger Communities

On February 7, I had the pleasure of hosting its latest Local Leadership Chat, where local leaders from across the country gathered on Zoom to discuss the challenges and opportunities of civic communication in a rapidly evolving media environment.

LSPA
Feb 1st, 2025
LSPA Introduces Practice Tip of the Month for February 2025

The following LSPA practice tip was introduced at the February 2025 Membership Meeting, which was held via Zoom on February 12, 2025.

Zoom
Jan 20th, 2025
Work Transformation Summit: How to successfully integrate AI

At its Work Transformation Summit in January 2025, Zoom explored real-world experiences with gen AI implementation, the game-changing results they've seen, and the next steps on AI journeys.

Hipther
Jan 16th, 2025
Zoom unveils new Zoom Team Chat enhancements with AI Companion for streamlined collaboration and communication

Zoom unveils new Zoom Team Chat enhancements with AI Companion for streamlined collaboration and communication.

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