Gusto
PrivateLast Round
Tender
Jun 9, 2025
Est. Valuation
$9.3B
Total Funding Raised
$706.1M
Momentum
Top 5%
of companies Caplight tracks
Company Overview
Gusto is a human resources and payroll technology company that provides a cloud-based platform for managing payroll, employee benefits, and team management.
Sector
Enterprise Software
Verticals
HR, Accounting & Expense, Compliance, Workflow Automation, InsurTech
Business Model
B2B
Customer Profile
Subscription SaaS, Payment Processing Fee, Services & Consulting
AI Layer
Application
Keywords
Price History
Caplight MarketPrice™ estimate for Gusto, published with a 90-day delay.
Caplight MarketPrice™
$19.18
per share, as of June 2026
+16.8%
2-year change
Caplight MarketPrice™ is an estimate of private secondary market pricing, shown here on a delayed basis for illustrative purposes only. It may be incomplete, is subject to change, and may not be relied upon for any purpose or considered investment advice.
Gusto Comparables
Compare Gusto with similar companies based on industry and business-model similarity.
Gusto Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Tender | Jun 9, 2025 | ||||
| Series E Extension | May 12, 2022 | ||||
| Series E | Aug 10, 2021 | ||||
| Series D | Jul 24, 2019 | ||||
| Series C | Jul 31, 2018 | ||||
Series B Extension | Dec 21, 2015 |
Secondary Market Activity
Bids, offers, and trades by month
| Operation | Date | Price | Size | Share Class | Structure |
|---|---|---|---|---|---|
OFFER |
Key People
Founding team and executive leadership
Gusto Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Human Capital | Series C |
| Sherpalo Ventures | Seed |
| Slow Ventures | Series B Extension |
| S32 | Series E Extension |
| AFSquare | Series A |
| Friends & Family Capital | Series E, Series E Extension |
| Right Side Capital Management | Series D |
Market signals
Structured signals derived from secondary market and firmographic data.
- Sep 22, 2026
Grew 81% QoQ, from 4,450 to 8,055 employees.
- Aug 27, 2026
Grew 197% QoQ, from 4,438 to 13,169 employees.
Recent news
Latest coverage and updates
- launchesOct 15, 2026
On Oct 15th '26, Gusto launches its plugin for ChatGPT to help small business owners manage payroll and compliance, including running payroll, answering process questions, and generating reports.
- launchesOct 10, 2026
Gusto launches its enhanced connector for Claude on Oct 10th '26
- launchesOct 7, 2026
Gusto launches the multi-client Model Context Protocol in California on Oct 7th '26
- launchesOct 6, 2026
Gusto launches Gusto Business Compliance on Oct 1st '26
- launchesOct 6, 2026
Gusto introduces HR Partners
Gusto Filings
Explore SEC and related filing metadata, where available.
| Type | Date | Amount Offered | Amount Sold | Filing | Pages | Download |
|---|
Filing documents are not displayed on this public page. Request access to learn about available coverage.
Request accessFrequently Asked Questions
Common questions about Gusto's valuation, stock price, and market status.
Is Gusto a public or private company?
Gusto is a private company.
What is the current stock price of Gusto?
Gusto is a private company, so its shares have no public market price. Caplight tracks Gusto's secondary market activity and provides MarketPrice™ estimates of its share price to Caplight users.
How much is Gusto worth (valuation)?
Gusto's valuation is estimated at $9.3B based on funding round data.
Can I buy Gusto stock?
Gusto shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors.
When was Gusto's last funding round?
Gusto's most recent funding round was Tender on June 9, 2025.
Who are the main investors in Gusto?
Key investors in Gusto include Friends & Family Capital, Fidelity Management & Research Company, Ontario Teachers' Pension Plan, Dragoneer Investment Group, General Catalyst.
Will Gusto IPO soon?
No public IPO plans have been announced for Gusto.
How can I track Gusto secondary market activity?
Caplight tracks bids, offers, and trades in Gusto's shares on secondary markets.