Gusto

company

About

Gusto provides a cloud-based payroll, benefits, and human resource management solution for businesses.

  • 1001 - 5000

Details

Last Funding Type
Seed
Last Funding Money Raised
$6.10M
Industries
Employee Benefits,Enterprise Software,Financial Services,FinTech,Human Resources,SaaS,Software
Founded date
Nov 1, 2011
Number Of Employee
1001 - 5000
Operating Status
Active

Gusto develops web-based payroll solution for small- and medium-sized businesses. It operates an online platform that provides payroll, benefits, human resources, and integration services for employers and employees in the United States.

Gusto offers health benefits and workers’ compensation benefits that include medical insurance, commuter benefits, and 401(k) contributions as well as workers’ compensation insurance plans, time tracking, and integration services, and access to employees for processing payroll from web-enabled devices such as smartphones and tablets. It also provides access to employees and contractors to browse their previous pay stubs, review their payroll forms, verify their personal details, and statistics about their pay, tax payments and federal forms filing services, and security and support services.

Gusto serves startups, coffee shops, doctors, creative agencies, lawyers, and boutiques. Edward Kim, Joshua Reeves, and Tomer London founded ZenPayRoll in 2011 that became Gusto, with its headquarters in San Francisco in California with an additional office in Denver in Colorado.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
7
$691.10M
Gusto has raised a total of $691.10M in funding over 2 rounds. Their latest funding was raised on Aug 10, 2021 from a Series E round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Aug 10, 2021 Series E $175M 1 Detail
Jul 24, 2019 Series D $200M 1 Detail
Jul 31, 2018 Series C $140M 1 Detail
Dec 21, 2015 Series B $90M 1 General Catalyst Detail
Apr 6, 2015 Series B $60M 1 General Catalyst Detail

Investors

Number of Lead Investors
Number of Investors
3
2
Gusto is funded by 2 investors. General Catalyst and WME are the most recent investors.
Investor Name Lead Investor Funding Round
General Catalyst Series E
WME Seed