How Gusto hit $200.0M in Revenue with 200K Customers in 2021.
About Gusto
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.|.
$16.7M
$8.3M (0.00%)
$16.7M
-$1.0
0.00%
—
0
Headquarters
San FranciscoCaliforniaUnited StatesGusto Revenue
In 2021, Gusto revenue run rate hit $200.0M in revenue.
Gusto Valuation and Funding History
| Funding Date | Round | Amount | Total | Valuation |
|---|---|---|---|---|
| 08/10/2021 | Series E | $175.0M | $9.5B | |
| 07/24/2019 | Series D | $200.0M | $3.8B | |
| 07/31/2018 | Series C | $140.0M | $2.0B | |
| 12/21/2015 | Series B | $90.0M | $1.1B | |
| 06/04/2015 | Series B | $60.0M | $560.0M | |
| 02/19/2014 | Series A | $20.0M | $127.5M | |
| 11/12/2012 | Seed Round | $6.1M | $32.6M |
Customers
Gusto has 200K customers.
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—
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Churn
Gusto has an annual churn rate of 0.00%
Churn vs Expansion
-0.00%
0.00%
0.00%
Team
Employees
Gusto has 1,571 employees. They have 222 sales reps that carry a quota They have an engineering team of 221. and a marketing team of 24.
| Distribution | Qty |
|---|---|
Total Team Size | 1571 |
Engineers | 221 (14%) |
Sales | 222 (14%) |
Marketing | 24 (2%) |
Frequently Asked Questions about Gusto
When was Gusto founded?
Gusto was founded in 2011.
Who is the CEO of Gusto?
The CEO of Gusto is Joshua Reeves
How many employees does Gusto have?
Gusto has 1,571 employees.
How much revenue does Gusto generate?
Gusto generates $200.0M in revenue.
How much funding does Gusto have?
Gusto has raised $691.1M.
Where is Gusto headquarters?
Gusto is headquartered at San FranciscoCaliforniaUnited States
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