Gusto

Gusto is a SaaS company specializing in Human Capital Management. It offers a comprehensive suite of HR and payroll services, including payroll processing, benefits administration, time tracking, attendance management, and employee onboarding.

Joshua Reeves

Building Gusto for the Long Term

8 past transactions

Kept

Seed Round in 2023
Kept specializes in compassionate employee off-boarding services, extending beyond standard COBRA administration. Its platform offers personalized transition support, integrated compliance management, and user-friendly tools for brokers, employers, and departing employees.

Utopia Labs

Series A in 2023
Utopia Labs develops an operating system for decentralized autonomous organizations (DAOs), streamlining payment requests and payroll management. It enables users to efficiently handle invoices, expenses, and contributor salaries, while facilitating transparent reporting through automated transaction organization.

Noyo

Series B in 2022
Noyo facilitates modern insurance through API-based data exchange. Founded by experts in benefits, insurance, and API technology, it's the first company to digitally transform the benefits industry infrastructure. Noyo enables instant access to crucial benefits data across platforms, unlocking new possibilities for benefits design and delivery.

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 specializes in payroll tax compliance solutions for platforms and providers. Founded over four decades ago, it offers advanced technology infrastructure ensuring accurate and automated payroll processing across 7,400 jurisdictions in the U.S., with real-time federal, state, and local tax updates. Symmetry's suite includes APIs for payroll tax calculation, tax withholding forms, and paycheck modeling calculators. Recognized as a top workplace by Phoenix Business Journal, Symmetry empowers businesses to create exceptional payroll products.

Ardius

Acquisition in 2021
Ardius is a technology-driven company focused on transforming the tax credit application process through automation and artificial intelligence. It operates a cloud-based software-as-a-service platform that assists businesses in discovering and claiming available tax credits annually. By leveraging automation, machine learning, and partner API integrations, Ardius simplifies the complexities associated with tax credit applications. This innovative approach enables startups to effectively reduce their payroll taxes and optimize their financial resources.

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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