United States · Venture startup

Who invested in Gusto

10 rounds we have observed, with the 122 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

FintechHR Tech

Valuation: $10B, Mar 2026Y Combinator: W12

Funding summaryUpdated 26 Oct 2026

$518Mraised across 10 rounds since 2012, from 10 sources

$6.1MSeed$20MSeries A$1.3MSeed$500KVenture$60MSeries B$90MRound$140MSeries C$200MSeries D
Latest round
VentureJul 2025
Biggest round
$200MSeries D · Jul 2019
Investors
122 (2 led)
See who backed them

The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2012201420162018202020222024
?Seed$6.1MSeed$20MSeries A$1.3MSeed$90MRound$140MSeries C$200MSeries D?Venture
First round
Seed
Feb 2012
Biggest round
$200M
Series D · Jul 2019
Usual gap between rounds
12 months
the median of 9
GustoBookkeeping and payroll1 / 32Their pitch deckGusto's pitch deck, 32 slidesEach slide read for what it argues, against the decks that raised at the same stage.

The rounds

  1. Jul 2025
  2. Jul 2019
    Series D$200M1 new2 returning

    Reported by FinSMEsSEC filing: $400K sold, first sale Jun 2019

  3. Jul 2018
  4. Nov 2016
  5. Apr 2015
    Series B$60M5 new2 returning

    From a historical funding recordSEC filing: $130K sold, first sale Jan 2015

  6. Aug 2014
    Venture$500K

    No investor was named in the report.

    From a historical funding recordSEC filing: $500K sold, first sale Aug 2014

  7. Apr 2014
    Seed$1.3M1 new

    From a historical funding record

  8. Feb 2014
    Series A$20M4 new

    From a historical funding record

  9. Dec 2012
  10. Feb 2012
    SeedAmount undisclosed2 new

    From a historical funding record

Founders and team

From the SEC filings it signed: 3 on the team.

  • Edward KimExecutive Officer, Director, Promoteri
  • Joshua ReevesExecutive Officer, Director, Promoteri
  • Mark Tomer LondonExecutive Officer, Director, Promoteri

On the board, as filediAnne Tomer RaimondiHemant Tomer Taneja

Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

Everyone who backed them

General CatalystVC firm6rounds, led 1
Y CombinatorAccelerator5rounds
Salesforce VenturesCorporate VC3rounds
Google VenturesCorporate VC2rounds
DCVCVC firm2rounds
Pear VCVC firm2rounds
Ribbit CapitalVC firm2rounds
Cota CapitalVC firm2rounds
Bling CapitalVC firm2rounds
T. Rowe PricePrivate equity2rounds
EmergenceVC firm2rounds
Obvious VenturesAccelerator2rounds
Paul BuchheitAngel2rounds
Elad GilVC firm2rounds
Signatures CapitalVC firm2rounds
Start FundVC firm2rounds
Kevin HartzVC firm2rounds
AltimeterVC firm2rounds
Joshua SchachterVC firm2rounds
CapitalGCorporate VC2rounds
Ram ShriramVC firm2rounds
David SacksVC firm2rounds
Aaron LevieVC firm2rounds
Lee LindenVC firm2rounds
Jeremy StoppelmanAngel2rounds
Jawed KarimAngel2rounds
Dan RoseAngel2rounds
Mark LeslieAngel2rounds
Tien TzuoAngel2rounds
Julia PopowitzVC firm2rounds
Google Capitalno record of our own yet1round, led 1
SV AngelVC firm1round
FelicisVC firm1round
Kleiner PerkinsVC firm1round
FidelityVC firm1round
General AtlanticPrivate equity1round
GoogleAccelerator1round
Alexis OhanianAngel1round
Elevate VenturesVC firm1round
HomebrewVC firm1round
Emergence CapitalVC firm1round
Sam AltmanAngel1round
Kevin ColleranVC firm1round
Max LevchinVC firm1round
Ashton KutcherVC firm1round
Amidzad PartnersVC firm1round
HubSpot VenturesCorporate VC1round
Designer FundVC firm1round
Paige CraigAngel1round
AFSquareVC firm1round
Four Rivers GroupVC firm1round
Sherpalo VenturesAngel network1round
Dragoneer InvestmentPrivate equity1round
Matt MullenwegVC firm1round
Jerry YangVC firm1round
Eric RiesAngel1round
Kal VepuriAngel1round
Atom FactoryVC firm1round
Jared LetoAngel1round
Ryan HolmesVC firm1round
Patrick CollisonAngel1round
Troy CarterVC firm1round
Adam NashAngel1round
Jared KopfAngel1round
Chang CorporationCorporate VC1round
Drew HoustonVC firm1round
Evan WilliamsAngel1round
EmergenceGrowth equity1round
Kenny Van ZantVC firm1round
Arjun SethiVC firm1round
Hiten ShahAngel1round
Alex BardAngel1round
Dave GoldbergAngel1round
Kevin SystromAngel1round
Mark BrittoVC firm1round
MSD PartnersVC firm1round
Andrew ChenAngel1round
Larry AugustinAngel1round
Matt HumphreyVC firm1round
James BesharaAngel1round
Steve LoughlinVC firm1round
Ali RowghaniAngel1round
Matt MickiewiczAngel1round
Kris DugganVC firm1round
Marco ZappacostaAngel1round
Pejman NozadVC firm1round
Phil LibinAngel1round
Aaron Patzerno record of our own yet1round
Andrew Houstonno record of our own yet1round
Ariel Emanuelno record of our own yet1round
Charles Cheeverno record of our own yet1round
Chung-Man Tamno record of our own yet1round
Clara Shihno record of our own yet1round
Daniel Veltrino record of our own yet1round
Douglas Sleeterno record of our own yet1round
Entrée Capitalno record of our own yet1round
Gail Goodmanno record of our own yet1round
Jay Simmonsno record of our own yet1round
Jed Yorkno record of our own yet1round
Jeff Seibertno record of our own yet1round
John Suhlerno record of our own yet1round
Joseph Wallano record of our own yet1round
Josh Silvermanno record of our own yet1round
Karen Millsno record of our own yet1round
Kindling Capitalno record of our own yet1round
Kris Dugganno record of our own yet1round
Larry Augustinno record of our own yet1round
Larry Summersno record of our own yet1round
Mariam Naficyno record of our own yet1round
Matt Cuttsno record of our own yet1round
Matthew Rogersno record of our own yet1round
Samuel Lessinno record of our own yet1round
Sherpalo Venturesno record of our own yet1round
Sue Deckerno record of our own yet1round
Tobias Lutkeno record of our own yet1round
Trip Adlerno record of our own yet1round
WME Venture Partnersno record of our own yet1round
Zachary Bogueno record of our own yet1round

Missing a round, or an investor who was in one? Tell us.

Also claim to have backed them

These 28 firms list Gusto as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

Acrew CapitalVC firmGrowth, per its site
Unusual VenturesVC firmPer its own site
S32VC firmPer its own site
Aspect VenturesVC firmPer its own site
Cross CreekVC firmPer its own site
Section 32VC firmPer its own site
Friends & Family CapitalVC firmPer its own site
Night CapitalVC firmPer its own site
Gopher AngelsAngel networkPer its own site
Aurum PartnersVC firmPer its own site
Blake ByersAngelPer its own site
Haymaker VenturesVC firmPer its own site
Annox CapitalVC firmPer its own site
Dria VenturesVC firmPer its own site
Partner VenturesVC firmPer its own site
Akkadian VenturesVC firmPer its own site
Audrey CapitalVC firmPer its own site
Jessica VerrilliVC firmPer its own site
Owl CapitalVC firmPer its own site
BARE VenturesVC firmPer its own site
CatapultVC firmPer its own site
ConduitAcceleratorPer its own site
Golden WokVC firmPer its own site
Haymaker GrowthInvestment firmPer its own site
Next Round Capital PartnersVC firmPer its own site
Transform CapitalPrivate equityPer its own site
Very Serious VenturesAngel networkPer its own site
Y VenturesVC firmPer its own site

Quick answers about Gusto

Who invested in Gusto?

Gusto's investors include General Catalyst, Y Combinator, Kleiner Perkins Caufield & Byers, Salesforce Ventures and Google Ventures, and 117 more on record.

How much has Gusto raised?

Gusto has raised $518M across 10 rounds since 2012. 2 rounds did not disclose an amount, so the total is a floor.

When did Gusto last raise?

Gusto's most recent round was a Venture in Jul 2025.

What was Gusto's biggest round?

Gusto's largest round on record is $200M (Series D), in Jul 2019.

Who backed Gusto first?

Gusto's first round on record, in Feb 2012, was backed by Y Combinator and Salesforce Ventures.

What stage is Gusto at?

Gusto's latest named round is a Venture, in Jul 2025.

Where is Gusto based?

Gusto is based in the United States.

Who led Gusto's rounds?

General Catalyst led the funding round in 2016.

Companies like Gusto

In the same sector, and raised in the last eighteen months.

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