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Gusto

Gusto

Private
San Francisco, CaliforniaEnterprise Softwarehttps://gusto.com/

Last Round

Tender

Jun 9, 2025

Est. Valuation

$9.3B

Total Funding Raised

$706.1M

Momentum

Top 25%

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

payroll softwarepayroll providerHR platformbenefits administrationsmall business payrolltax complianceemployee onboarding401k administrationAI payroll assistantaccounting workflow automationSaaS payrollpayroll serviceHRIShuman resources information systemSMB payroll

Price History

Caplight MarketPrice™ estimate for Gusto, published with a 90-day delay.

Delayed data

Caplight MarketPrice™

$19.18

per share, as of June 2026

+16.8%

2-year change

The most recent months of MarketPrice™ are available to Caplight clients.

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.

Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

View Momentum History

Track how buyer interest and sentiment changes over time.

Gusto Comparables

Compare Gusto with similar companies based on industry and business-model similarity.

Gusto comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Rippling
85%
Paychex, Inc.
83%
Justworks
83%

Gusto Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
TenderJun 9, 2025
Series E ExtensionMay 12, 2022
Series EAug 10, 2021
Series DJul 24, 2019
Series CJul 31, 2018
Series B Extension
Dec 21, 2015

Secondary Market Activity

Bids, offers, and trades by month

Data table
OperationDatePriceSizeShare ClassStructure
OFFER

Key People

Founding team and executive leadership

Annie Portland

CEO Team

Executive Team

Scott Helmes

CEO Team

Executive Team

David Daniels

Lead People Partner (CTO Engineering Org)

Executive Team

Gusto Investors

Notable investors and investment history

Gusto investors
InvestorRounds
Human CapitalSeries C
Sherpalo VenturesSeed
Slow VenturesSeries B Extension
S32Series E Extension
AFSquareSeries A
Friends & Family CapitalSeries E, Series E Extension
Right Side Capital ManagementSeries D

Market signals

Structured signals derived from secondary market and firmographic data.

  • Aug 27, 2026

    Grew 197% QoQ, from 4,438 to 13,169 employees.

  • May 7, 2026

    Building payroll product for the Canadian market.

Recent news

Latest coverage and updates

  • attends_eventSep 17, 2026

    Gusto will attend event TechCrunch Disrupt 2026 on Oct 13th '26.

  • launchesAug 26, 2026

    Gusto will launch Maritozzo 17 on Sep 7th '26.

  • attends_eventAug 14, 2026

    Gusto attends event 2026 AI Innovation Awards.

  • recognized_asAug 8, 2026

    Gusto recognized as gold standard for a growing simple payroll for a small business setup on Aug 31st '26.

Gusto Filings

Explore SEC and related filing metadata, where available.

Gusto filings preview — column headings only; records require access
TypeDateAmount OfferedAmount SoldFilingPagesDownload

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Frequently 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 with no public stock price. Caplight tracks Gusto's secondary market activity and provides MarketPrice™ estimates 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. Visit https://www.caplight.com to learn more.

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 for private companies. Visit https://www.caplight.com to monitor Gusto's secondary market activity and sign up for updates.

Firmographic Details

HeadquartersSan Francisco, California
Employee Range2,886
Year Founded2011
Last FundingJun 9, 2025

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