About Gusto
Gusto is a company based in San Francisco (United States) founded in 2012 by Aziz Qureshi, Joshua Reeves, Tomer London, and Edward Kim. Gusto has raised $718.35 million across 9 funding rounds from investors including Fidelity Investments, Kleiner Perkins and T. Rowe Price. Gusto has completed 5 acquisitions, including Ardius, Guideline and Mosey. Gusto operates in a competitive market with competitors including Justworks, ADP, Paycor, Paychex and Earnin, among others.
- Headquarter San Francisco, United States
- Founders Aziz Qureshi, Joshua Reeves, Tomer London, Edward Kim
- Stage Unicorn
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Sectors
Technology
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Email
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Phone
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Website
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Social
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Annual Revenue
Not available
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Net Profit
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EBITDA
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Total Equity Funding
$718.35 M (USD)
in 9 rounds
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Latest Funding Round
Not available
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Investors
Fidelity Investments
& 34 more
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Employee Count
Not available
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Investments & Acquisitions
Ardius
& 4 more
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People of Gusto
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Software Development Team
286 people
Sales and Marketing
84 people
Product Management Team
84 people
Operations Team
47 people
Leadership Team
39 people
Finance and Accounting
30 people
Legal and Compliance
19 people
Data Analysis and Operations Team
18 people
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Funding Insights of Gusto
Gusto has successfully raised a total of $718.35M across 9 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Gusto
Gusto has secured backing from 35 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Fidelity Investments, Kleiner Perkins and T. Rowe Price.
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Private equity firm focused on sustainable investments
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Investment and transformation services for entrepreneurs in technology and finance sectors.
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Investment management services are offered by Durable Capital Partners.
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Investor details for Gusto
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
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Investments & Acquisitions by Gusto
Gusto has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include Ardius, Guideline and Mosey.
Investment portfolio details for Gusto
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Payroll management and compliance are automated via SaaS platform.
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Cloud-based R&D tax credit and claim software for businesses
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Human resource tools for remote teams are provided.
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Locked | Locked | 2005 | Locked |
Complete acquisition details for Gusto
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
- Transaction dates
- Acquired stakes
- Disclosed values
- Domains and locations
Verified entity values are shown only after access is granted.
Financial Statements - Gusto
Detailed financials for Gusto
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- Profit trends
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Gusto Comparisons
Peer comparison for Gusto
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- Named peers
- Headcount comparison
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Competitors of Gusto
Gusto operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Justworks, ADP, Paycor, Paychex and Earnin, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Benefits administration and payroll management are provided for businesses.
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Cloud-based HR management solutions are offered for payroll and compliance.
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Cloud-based HRMS platform is provided for small and medium-sized businesses.
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Cloud-based HRMS solutions are delivered for payroll and employee management.
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Real-time access to earned wages is provided fee-free.
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Detailed competitors of Gusto
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- Domains and locations
- Full company profiles
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- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Gusto
Complete news archive for Gusto
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- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
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Frequently Asked Questions about Gusto
Gusto was founded in 2012.
Gusto is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Joshua Reeves is the current CEO of Gusto. They have also founded this company.
Gusto is a funded company, having raised a total of $718.35M across 9 funding rounds to date.
Gusto was founded in 2012 in San Francisco, United States, focusing on the HR technology sector. Cloud-based platforms for human resource management and payroll processing are provided to small and medium-sized businesses. Services encompass payroll administration, benefits handling, team coordination, time tracking, and additional tools. Health, vision, and dental insurance options are made available through integrated partnerships. Operations are centered in the U.S. market.
Gusto has 35 investors. Key investors include Fidelity Investments, Kleiner Perkins, T. Rowe Price, Franklin Templeton, and Ribbit Capital.
The valuation of Gusto is $9.5B as of Aug 2021.