G

Gusto!

2400 employees

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

Investor insights

Sectors invested in

Information Technology2
Software2
Financial Services1
Medical1
FinTech1
Health Care1
Human Resources1

Funding rounds participated in

$23M sweet spot round size

Most of their 3 investments are in rounds between $18M and $23M

Basic info

Industry

financial services

Sectors

benefits
Financial Services
software
SaaS
HR
Human Resources
Enterprise Software
saas
compliance
FinTech
Employee Benefits
Software
payroll

Date founded

2011

Investments made

U

Utopia Labs raised $23M on June 1, 2023

Investors: Infinity Ventures Crypto (IVC), Distributed Global, Fourth Revolution Capital, Paradigm, Kindred Ventures and Gusto!

M

Mosey raised $18M on August 4, 2022

Investors: Canaan, Charge Ventures, SemperVirens Venture Capital and Gusto!

N

Noyo raised $45M on May 19, 2022

Investors: Operator Collective, Precursor Ventures, Spark Capital, Workday Ventures, Fika Ventures, Garuda, Norwest Venture Partners, Webb Investment Network (WIN) and Gusto!

Funding rounds raised

Total raised

$200M

from 44 investors over 44 rounds

G

Gusto! raised $55M on May 12, 2022

Investors: Friends & Family Capital

G

Gusto! raised $175M on August 10, 2021

Investors: Emerson Collective, Sands Capital Management, T. Rowe Price, Generation Investment Management, Emergence Capital Partners Limited, Durable Capital Partners LP, Glynn Capital and General Catalyst

G

Gusto! raised $200M on July 24, 2019

Investors: Dragoneer Investment Group, T. Rowe Price, Generation Investment Management and General Catalyst

G

Gusto! raised undisclosed on December 18, 2018

Investors: SWS Venture Capital

G

Gusto! raised $140M on July 31, 2018

Investors: MSD Capital, T. Rowe Price, Kleiner Perkins, Y Combinator, Dragoneer Investment Group, Rose Park Advisors, CapitalG, Emergence Capital and General Catalyst

G

Gusto! raised undisclosed on February 16, 2018

Investors: Akkadian Ventures

G

Gusto! raised undisclosed on September 20, 2017

Investors: Fifth Down Capital

G

Gusto! raised $90M on December 21, 2015

Investors: Cota Capital, Chang.com, CapitalG, Felicis Ventures, General Catalyst, Obvious Ventures and Fifth Down Capital

G

Gusto! raised undisclosed on August 25, 2015

Investors: Pear VC and Cota Capital

G

Gusto! raised $60M on April 6, 2015

Investors: Ribbit Capital, Felicis Ventures, Emergence Capital, Designer Fund, GV, General Catalyst, Glynn Capital, Rothenberg Ventures, Pivot Investment Partners LLC and Kleiner Perkins

FAQ