Gusto

Valuation $547B

About Gusto

Gusto is an HR and payroll platform that simplifies complex tasks, empowering businesses to focus on what matters most.
Headquarters Gusto, San Francisco
Founded 2011-11-01
Industry Bookkeeping and Payroll, Employee Benefits, Enterprise Software, Financial Services, FinTech, Human Resources, SaaS, Software
Last Funding Type Series Unknown
Valuation 547
Total Funding $746.10 million dollars
IPO Status Private

Financial

Gusto has become cash flow positive by adhering to its core values. The company has also partnered with Clair to offer embedded on-demand pay to employees at many of their 300,000 businesses.

Gusto is advancing its cloud-based payroll and HR management solutions through several innovations. They are developing a central database system for managing human resources functions, allowing entities to execute employer functions and manage employee information efficiently. This includes user provisioning management and personal information database modification. Additionally, Gusto is enhancing security by tagging and auditing sensitive information and improving user experience with predictive web navigation and machine-learned database models. These efforts highlight Gusto's focus on optimizing HR processes and data security.

Funding Rounds 15
Number of Lead Investors 13
Total Funding Amount  $746.10 million dollars
Number of Investors 118

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