Gusto

insurtechsoftware/whitelabel/apis-insurtechb2b fintech

FOUNDING YEAR: 2011
LOCATION: United States
Last Update: 09/07/2020

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About

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

REVENUE

$10M+ in 2018

REVENUE COMMENT:

The company had a revenue of $100 million in 2018

Momentum

FUNDED

YES

TOTAL FUNDING

$296.1 M

DATE OF LAST FUNDING

Jul 2019

SEED & PRIOR FUNDING

$6.1 M

FUNDING SERIES

SERIES B  · $90 M  · ---

SERIES D  · $200 M  · ---

LISTED

NO

BASICS

FOUNDING YEAR:

2011

LOCATION:

United States

Views:

394 VISITORS | 675 VIEWS
LATEST FUNDING ROUND

$296 M

TOTAL EMPLOYEES
1000+

About

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.

Subscribe to the MEDICI Inner Circle Membership and gain access to an exclusive Slack community where you can engage in discussions with global industry experts!

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Momentum+
Traction+
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