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Investment Firm
Overview
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.
Highlights
2011
Enterprise Software
1001-5000
4
0
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Seed, Early Stage Venture
N/A
Location
United States, North America
Contact Information
Social
Profile Resume
Gusto, established in 2011 and headquartered in United States, North America., specializes in Seed, Early Stage Venture investments across Venture Capital, Angel Investment, Impact Investing, Financial Services, Finance, FinTech, Funding Platform, Hedge Funds, Banking, Wealth Management. Their recent investments include Wonder Ventures, Treasury, ROTH Capital Partners, Utopia Labs, Kindred Ventures. The highest investment round they participated in was $12.2B. Among their most notable exits are Wonder Ventures and Treasury. Explore their portfolio in detail, see who is connected to them, and find their contact information on our platform.
Investment portfolio
4
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Investments
4
Annouced Date | Organization Name | Industry | Money Raised |
---|---|---|---|
May 19, 2022 | Noyo | Information Technology | 45.0M |
Aug 04, 2022 | Mosey | Information Technology | 18.0M |
Jun 01, 2023 | Utopia Labs | Software | 23.0M |
Jun 15, 2023 | - | - | 2.1M |
Exits
0
Funding Timeline
4
119
0
Funding Rounds
4
Gusto has raised 4 rounds. Their latest funding was raised on Jun 15, 2023 from a Pre Seed Round - Kept round.
Annouced Date | Transaction Name | Number of Investors | Money Raised | Lead Investor |
---|---|---|---|---|
May 19, 2022 | Series B - Noyo | - | 45.0M | - |
Aug 04, 2022 | Series A - Mosey | - | 18.0M | - |
Jun 01, 2023 | Series A - Utopia Labs | - | 23.0M | - |
Jun 15, 2023 | Pre Seed Round - Kept | - | 2.1M | - |
Investors
92
Gusto is funded by 92 investor(s). Partner Ventures and Friends & Family Capital Kantor are the most recent investors.
Investor Name | Lead Investor | Funding Round | Money Raised |
---|---|---|---|
General Catalyst | No | Series E - Gusto | 175.0M |
Fidelity | No | Series E - Gusto | 175.0M |
Friends & Family Capital | Yes | Series E - Gusto | 55.0M |
Partner Ventures | No | Venture Round - Gusto | 0 |
Fund raised
2
Susa Ventures has raised a total of $590M across 6 funds, their latest being Susa Ventures Opportunities II. This fund was announced on Aug 30, 2021 and raised a total of $250M.
Annouced Date | Fund Name | Money Raised |
---|---|---|
May 10, 2013 | OTPPLESS | 1.0M |
May 11, 2013 | OTPPLESS | 1.0M |
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