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Gusto is a cloud payroll and HR platform that helps small and mid-sized US businesses run payroll, benefits, and compliance in one place.
Raised $746M across disclosed rounds.[2][8]
Tender offer (secondary) closed June 2025, led by Ontario Teachers' Pension Plan.[1][8]
post-money valuation is not publicly disclosed.
Named investors include T. Rowe Price, Fidelity Management & Research, Franklin Templeton, General Catalyst, Kleiner Perkins, CapitalG, Emergence Capital, Generation Investment Management, Dragoneer Investment Group, Sands Capital, Durable Capital Partners,...[1][4][5][8]
Joshua Reeves, Co-founder and CEO[2][9][10][14]
Edward Kim, Co-founder and Head of Technology[2][9][10][14]
Tomer London, Co-founder and CPO[2][9][10][14]
Mike Taylor, CFO[6][14]
Aug 2026 · techcrunch.com
reported
Gusto is a cloud payroll and HR platform that helps small and mid-sized US businesses run payroll, benefits, and compliance in one place.
Ask for one referenceable production customer.
Not a recommendation. The first thing this ledger cannot answer.
gusto · Aug 2026[2]
ADP RUN · adp.com · Same buyer and same job to be done: small business payroll and HR, with ADP RUN competing directly on usability and AI features for the same SMB payroll budget.[8]
Paychex · paychex.com · Same buyer and same budget line: small business payroll and HR, with Paychex competing on its 745,000-client base and AI benchmarking tools.[8]
Rippling · rippling.com · Same buyer and same workflow: modern integrated HR and payroll suites, with Rippling competing on breadth across HR, IT, and finance functions.[8]
Intuit QuickBooks Payroll · quickbooks.intuit.com · Same buyer and same job: small business payroll, with QuickBooks leveraging its accounting customer base and data sync as the competitive wedge.[8]
Justworks · justworks.com · Same buyer and same budget: very small businesses choosing between direct-service payroll and a PEO model for the same employment administration job.[8]
The customer proof is company-sourced only. No independent source in this ledger confirms it.[6]
Ask for one referenceable production customer.
Not a recommendation. The first thing this ledger cannot answer.
Filled in the side panel for invited readers. This card carries sourced facts only.
Aug 2026 · pitchbook.com
verified
Aug 2026
vendor