Gusto Raises $175 Million Series E to Power SMB Success

August 13, 2021

No small business owner starts their company because they’ve always dreamed of running payroll, benefits and the other necessary infrastructure. Instead, that’s usually the cost to be born by tireless teams otherwise putting all their effort into actual entrepreneurship. Well Gusto was started years ago with a pretty clear and appealing value proposition: deploy modern software to help SMBs run their back office so that they can focus more of their time building, selling, hiring, marketing, etc. And, well, it’s working!

Gusto CEO Joshua Reeves recently announced that the company has raised $175 million to continue accelerating the company’s growth. There are lots of exciting milestones ahead and of course, the company is hiring in all groups.

Onward with Gusto!