Gusto

Gusto is a software-as-a-service (SaaS) company focused on Human Capital Management (HCM). It offers a comprehensive, cloud-based platform that provides a range of HR and payroll services designed for small businesses. Key features of Gusto’s platform include payroll processing, benefits administration, time and attendance tracking, and employee onboarding. Additionally, it supports the management of employee benefits such as health, dental, and vision insurance. By streamlining these essential functions, Gusto aims to simplify the complexities of human resource management, enabling businesses to effectively meet their employees' needs.

Joshua Reeves

Co-Founder and CEO

8 past transactions

Kept

Seed Round in 2023
Kept specializes in compassionate offboarding services for employees transitioning between jobs. The company provides a comprehensive suite of support that includes compliance assistance, health insurance options, and financial resources. By focusing on the needs of departing employees, Kept ensures that clients can navigate post-employment benefits effectively, facilitating a smoother transition during career changes.

Utopia Labs

Series A in 2023
Utopia Labs specializes in creating an operating system tailored for decentralized autonomous organizations (DAOs) to streamline payment requests, payroll, and reporting processes. The platform enables users to manage invoices and expenses for contributors through a single link, facilitating the automation of recurring salaries for core team members. Additionally, Utopia Labs provides a payment application that allows for free, instant, and global transactions, simplifying the management of contributor payments and expenses. With features that organize transactions through tagging, the system enhances transparency in financial reporting for DAOs.

Noyo

Series B in 2022
Noyo is a company focused on modernizing the insurance industry through API-based data exchange. Established by experts in benefits, insurance, and technology, Noyo aims to enhance the infrastructure of the benefits sector by providing seamless digital connectivity. Its platform enables the secure exchange of critical benefits data among insurers, brokers, and consumers, facilitating real-time access to information essential for benefit design and delivery. By offering a suite of developer-friendly application programming interfaces, Noyo allows brokers and insurers to effortlessly connect with various platforms, streamlining the enrollment process and improving overall efficiency in the benefits landscape.

RemoteTeam (acquired by Gusto)

Acquisition in 2021
RemoteTeam, founded in 2020 by Sahin Boydas and based in San Francisco, provides automated payroll solutions, time-off management, and essential HR tools designed for remote teams. The company focuses on addressing the challenges faced by remote HR managers by offering software that manages employee pay records, deductions, and local benefits. This enables clients to streamline team management and ensure that remote employees can access their salaries through a borderless bank account. In 2021, RemoteTeam was acquired by Gusto, further enhancing its capabilities in simplifying payroll and compliance for businesses with distributed workforces.

Symmetry Software

Acquisition in 2021
Symmetry Software provides payroll tax compliance infrastructure designed to enhance payroll platforms and providers. Based in Scottsdale, Arizona, the company offers a comprehensive suite of software solutions that include payroll tax calculation APIs, tax withholding forms, and paycheck modeling calculators, all aimed at ensuring payroll accuracy and automation across over 7,400 jurisdictions. With a focus on delivering up-to-date federal, state, and local tax information, Symmetry's technology supports payroll professionals in accurately managing employee and employer taxes. For over 40 years, the company has been recognized for its innovative contributions to the payroll industry and has been awarded accolades as a top workplace by the Phoenix Business Journal.

Ardius

Acquisition in 2021
Ardius is an innovative company focused on transforming the tax credit process through automation and technology. It operates a cloud-based software platform that allows businesses to discover and claim tax credits annually. By leveraging automation, machine learning, and partner API integrations, Ardius simplifies the tax credit application process, helping startups effectively reduce their payroll taxes and maximize their eligible tax credits.

Rentobo

Acquisition in 2016
Rentobo is a new tool built for landlords, managers, and agents of all sizes to simplify the process of finding and signing a new tenant for your rental property. Enter your listing details once at Rentobo and we will help you promote your property across major rental search sites. Rentobo organizes rental applications, credit scores, and social networks into an easy to use tenant profile - everything you need to make a decision. Tenants use Rentobo to sign their lease and submit their deposit electronically. Combined with online applications you can stop pushing paper. For more information, please visit us at: http://www.rentobo.com
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