Gusto
insurtech . software/whitelabel/apis-insurtech . b2b fintech
FOUNDING YEAR: 2011
LOCATION: United States
Last Update: 19/01/2021
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About
The all-in-one people platform serving 100,000+ small businesses with payroll, benefits, and so much more. Need help? Check out https://t.co/JiRx40On3K.
MEDICI Analysis
Zenpayroll rebranded as Gusto. Gusto provides a cloud-based payroll, benefits and workers’ compensation come solutions with automation, ease-of-use, and expert service. Additional Benefits such as Health Isuarance and workers’ compensation are fully integrated with payroll, which enables seamless enrollment, accurate benefit deductions, and automatic compliance.
Focus
PRODUCTS & SERVICES
Cloud-based payroll, benefits, HR, and compliance solutions for businesses
REVENUE MODEL
The company follows monthly billing business model. It charges $29 Base price+ $6 Per person which is billed monthly
MAIN CLIENTS
Commonwealth Joe
eAlchemy
EXISTING PARTNERSHIPS
The Sleeter Group
Lucid Books
HPC
COMMENT
Gusto is currently processing billions of dollars in annual payroll for more than 25,000 small businesses across the country. The company supports businesses in all 50 states, and is now serving 0.5 percent of all employers in America.
Traction
VALUATION / MARKET CAP:
$1 B in 2016
COMPANY TYPE:
For Profit
REVENUE
$10M+ in 2018
REVENUE COMMENT:
The company had a revenue of $100 million in 2018
People
FOUNDERS
Edward Kim
Joshua Reeves
Tomer London
Josh Reeves
BOARD MEMBERS AND ADVISORS
Hemant Taneja
Pejman Nozad
Garry Tan
Harj Taggar
David E. Weekly
Wayne Chang
NUMBER OF EMPLOYEES
1000+
INVESTORS:
and Zuora CEO and co-founder Tien Tzuo
Badgeville CEO and co-founder Kris Duggan
Box CEO and co-founder Aaron Levie
Dropbox CEO and co-founder Drew Houston
Kleiner Perkins Caufield & Byers
Yammer CEO and co-founder David Sacks
Yelp CEO and co-founder Jeremy Stoppelman
YouTube co-founder Jawed Karim
Fidelity Management and Research Company
Momentum
FUNDED
YES
NUMBER OF FUNDING ROUNDS
6
TOTAL FUNDING
$296.1 M
DATE OF LAST FUNDING
Jul 2019
IPO STATUS
Private
ESTIMETED REVENUE RANGE
$50M to $100M
SEED & PRIOR FUNDING
$6.1 M
SEED CLOSED ON
Dec 2012
FUNDING SERIES
SERIES A · --- · May 2014
SERIES B · $90 M · Dec 2015
SERIES C · --- · Dec 2018
SERIES D · $200 M · Jul 2019
LISTED
NO
company provided insights
Web Traffic
MONTHLY VISITS
2,993,726
AVERAGE VISITS (6 MONTHS)
3,287,630.58
MONTHLY VISITS GROWTH
-9.56%
VISIT DURATION
454
VISIT DURATION GROWTH
47.31%
PAGE VIEWS VISIT
6.37
PAGE VIEWS VISIT GROWTH
3.65%
BOUNCE RATE
32.9%
BOUNCE RATE GROWTH
-0.96%
GLOBAL TRAFFIC RANK
14,010
MONTHLY RANK CHANGE
-646
MONTHLY RANK GROWTH
-4.41%
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