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Gusto revenue is $290 million

Gusto is worth $9.3 billion valuation

Gusto team size is 2196 employees


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Gusto

- San Francisco, California, United States

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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...

Founded

2011

Founded

Revenue

$290M

2022 Revenue

YOY
-----

YOY

Funding

$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

100.00% ▲45.00% ▲$100M$200M$290M

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 DATEROUNDAMOUNTVALUATION
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

20152018201920202021202275▲90▲34▲17▲40▲
DISTRIBUTIONQTY
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

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Customers

Gusto has 200K customers.

Lifetime Months

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x

Monthly ARPU

-

=

Lifetime Dollar

-

Acquisition Cost

-

Average Annual Price

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$0$0024681012
$0$0024681012

Churn

Gusto has an annual churn rate of 0.00%.

-100-500%50100

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

NamePosition

Gusto Executives

NamePosition
Joshua Reeves CEO

Gusto Employees

NamePosition
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