Gusto logo
Founded 2011

Gusto

2018 Revenue

$100.0M

YOY

Funding

$516.1M

Overview

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.

Monthly Revenue

$8.3M

Total Expenses

$8.3M

=
Net Income

-$1.0

Ebidta Margin

0.00%

+
YOY Growth

=
Rule of 40

0


Headquarters

San FranciscoCaliforniaUnited States
Website

gusto.com

Gusto Revenue vs Funding

$Funding$Revenue

Revenue

In 2018, Gusto revenue run rate hit $100.0M in revenue.

$100.0M

Funding History

Why are so many SaaS founders taking money from Founderpath.com instead of VC's?

Gusto has raised $516.1M.

Funding DateRoundTotalValuation
07/24/2019$200.0M$3.8B
07/31/2018$140.0M$2.0B
12/21/2015$90.0M$1.1B
06/04/2015$60.0M$560.0M
02/19/2014$20.0M$127.5M
11/12/2012$6.1M$32.6M

Customers

Gusto has 1M customers.

Lifetime Months

×
Monthly ARPU

=
Lifetime Dollars


Acquisition Cost

Average Annual Price

$0$0.0024681012

Churn

Gusto has an annual churn rate of 0.00%

Churn vs Expansion

-100-500%50100
Gross Annual Dollar Churn

-0.00%

Annual Dollar Expansion

0.00%

Net Revenue Retention

0.00%

Team

Employees

Gusto has 1,409 employees. They have 222 sales reps that carry a quota They have an engineering team of 221. and a marketing team of 24.

201520182019202075.00%▲90.00%▲38.00%▲
DistributionQty

Total Team Size

1409

Engineers

221 (16%)

Sales

222 (16%)

Marketing

24 (2%)

CEO/Founder

Joshua Reeves


CEO Q&A

What's your age?

-

Favorite online tool?

-

Favorite book?

-

Favorite CEO?

-

Advice for 20 year old self

-


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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 1,409 employees.

How much revenue does Gusto generate?

Gusto generates $100.0M in revenue.


How much funding does Gusto have?

Gusto has raised $516.1M.


Where is Gusto headquarters?

Gusto is headquartered at San FranciscoCaliforniaUnited States

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