Gusto revenue is $290 million
Gusto is worth $9.3 billion valuation
Gusto team size is 2196 employees
Gusto
- San Francisco, California, United States
How Gusto hit $290M Revenue with 200K customers in 2022.
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...
2011
Founded
$290M
2022 Revenue
YOY
$746.1M
Funding
Gusto Revenue
In 2022, Gusto revenue run rate hit $290M in revenue.
2022
Gusto hit $290M in revenue in 2022
2021
Gusto hit $200M in revenue in 2021
2018
Gusto hit $100M in revenue in 2018
2011
Gusto launched in 2011 with $0 revenue
Gusto Funding History
Why are so many SaaS founders taking money from Founderpath.com instead of VC`s?
2022 Series E
Gusto raised a Series E of $55M
2021 Series E
Gusto raised a Series E of $175M at a $9.3B valuation in August 2021
2019 Series D
Gusto raised a Series D of $200M at a $3.8B valuation in July 2019
2018 Series C
Gusto raised a Series C of $140M at a $2B valuation in July 2018
2015 Series B
Gusto raised a Series B of $90M at a $1.1B valuation in December 2015
2015 Series B
Gusto raised a Series B of $60M at a $560M valuation in June 2015
2014 Series A
Gusto raised a Series A of $20M at a $127.5M valuation in February 2014
2012 Seed Round
Gusto raised a Seed Round of $6.1M at a $32.6M valuation in November 2012
| FUNDING DATE | ROUND | AMOUNT | VALUATION |
|---|---|---|---|
| 05/12/2022 | Series E | $55M | |
| 08/10/2021 | Series E | $175M | $9.3B |
| 07/24/2019 | Series D | $200M | $3.8B |
| 07/31/2018 | Series C | $140M | $2B |
| 12/21/2015 | Series B | $90M | $1.1B |
| 06/04/2015 | Series B | $60M | $560M |
| 02/19/2014 | Series A | $20M | $127.5M |
| 11/12/2012 | Seed Round | $6.1M | $32.6M |
Team
Gusto has 2196 total employees and 301 sales reps that carry a quota. They have 200000 customers an engineering team of 360 and a marketing team of 36
| DISTRIBUTION | QTY |
|---|---|
| Total team size | 2196 |
| Engineer | 360(16%) |
| Sales | 301(14%) |
| Marketing | 36(2%) |
CEO/Founder
Joshua Reeves
Joshua Reeves is the CEO and co-founder of Gusto, a startup that reimagines payroll, benefits, HR, and personal finance by automating the most complicated, impersonal business tasks and making them simple and delightful. Gusto has offices in San Francisco and Denver, and its investors include Google Capital, General Catalyst, Kleiner Perkins Caufield & Byers, and the founders of Instagram, Stripe, Nest, PayPal, Yelp, Box, and Eventbrite, among others.
Q&A
What`s your age?
-
Favorite online tool?
-
Favorite book?
-
Favorite CEO?
-
Advice for 20 year old self
-
Customers
Gusto has 200K customers.
Lifetime Months
-
x
Monthly ARPU
-
=
Lifetime Dollar
-
Acquisition Cost
-
Average Annual Price
-
Churn
Gusto has an annual churn rate of 0.00%.
Gross Annual Dollar Churn
-0.00%
Annual Dollar Expansion
0.00%
Net Revenue Retention
0.00%
About Gusto
Monthly Revenue
$24.2M
-
Total Expenses
$0.0
=
Net Income
$0.0
EBIDTA Margin
0.0%
+
YOY Growth
45.00%
=
Rule of 40
45
Gusto Board of Directors
| Name | Position |
|---|
Gusto Executives
| Name | Position |
|---|---|
| Joshua Reeves | CEO |
Gusto Employees
| Name | Position |
|---|---|
| Joshua Reeves | CEO |
Frequently Asked Questions about Gusto
When was Gusto founded?
Gusto was founded in 2011.
How much revenue does Gusto generate?
Gusto generates $290M in revenue.
Who is the CEO of Gusto?
The CEO of Gusto is Joshua Reeves.
How much funding does Gusto have?
Gusto was raised $746.1M.
How many employees does Gusto have?
Gusto has raised 2196 employees.
Where is Gusto headquarters?
Gusto headquater is at United States