Gusto (formally ZenPayroll, Inc.) was founded in 2011 by current CEO Joshua Reeves, CTO Edward Kim, and Tomer London. During an interview with Yahoo! Finance in August 2019, Mr. Reeves claimed that Gusto undertaking an IPO was “not if, but when.” He went on to say that he wouldn’t share a timeline. These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.

Gusto operates at the intersection of cloud computing and human resource management. Their platform provides services ranging from payroll to 401k benefits to health insurance. The company has raised nearly $525 million in Venture Capital funding from investors including Acrew Capital, Akkadian Ventures, Fidelity, AME Cloud Ventures, T. Rowe Price, CapitalG, Aspect Ventures, Ribbit Capital, General Catalyst, Kleiner Perkins, Wasabi Venture Partners, Data Collective, Emergence Capital Partners, Salesforce Ventures, and SV Angel. Per company press releases, Gusto last raised $200 million in July 2019 at a post-money valuation of $3.8 billion.

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What is Gusto's ticker symbol?

Gusto does not currently have an official ticker symbol because this company is still private. Register today to connect with our Private Market Specialists and learn more about new pre-IPO investment opportunities.

What is Gusto's stock price?

The stock price for Gusto will be known as it becomes public. Here are similar public companies: Dropbox (NAS: DBX), Okta (NAS: OKTA), VMware (NYS: VMW), Workday (NAS: WDAY), Atlassian (NAS: TEAM).

Who are Gusto's major investors?

Altimeter Capital
General Catalyst
Glynn Capital Management
Google Capital
Data Collective
Emergence Capital Partners

Gusto Funding Rounds and IPO Valuation

Date Funding Round Funding Raised Price per Share IPO Valuation
5/12/2022 Series E $9.41B $XXX.XX $XXX.XX
7/24/2019 Series D $3.88B $XXX.XX $XXX.XX
7/30/2018 Series C and C-1 $2.31B $XXX.XX $XXX.XX
12/18/2015 Series B-2 $1.07B $XXX.XX $XXX.XX
4/6/2015 Series B $560MM $XXX.XX $XXX.XX
2/19/2014 Series A $127.53MM $XXX.XX $XXX.XX
12/11/2012 Series Seed $32.59MM $XXX.XX $XXX.XX
Based on primary financings
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Learn more about Gusto

What is Gusto funding to date?

Gusto has raised $921.54MM with the following series:
$32.59MM for Series Seed, $127.53MM for Series A, $560MM for Series B, $1.07B for Series B-2, $2.31B for Series C and C-1, $3.88B for Series D, $9.41B for Series E

When was Gusto founded?

Gusto was founded in 2011.

Can you invest in Gusto?

Gusto is a privately held company and is not publicly traded on NYSE or NASDAQ in the U.S. To buy pre-IPO shares of a private company, you need to be an accredited investor. Learn more about how to invest in the private market or register today to get started.

Can you sell Gusto share pre-IPO?

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Our Private Market Specialists are available to answer any questions you might have and can help connect you with a buyer from our network of 125,000 accredited investors and institutions. You can also learn more about how to sell your private shares before getting started.

Is Gusto a publicly traded company?

Gusto is a private company and not publicly traded.

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