Automated payroll, benefits & HR platform
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To create a world where work empowers a better life.
Central Waterfront, San Francisco, CA
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45% employee growth in 12 months
CTO of Otta
For many small businesses, vital administrative tasks such as payroll, taxes, and benefits are manual tasks that take time and energy which many SMB owners don’t have. The three co-founders of Gusto – all coming from small business backgrounds – collaborated on a Fintech company that would handle employee payments, benefits administration, and compliance support specifically for small businesses.
The company may have started slowly, as the founders focused on nailing each individual aspect of Gusto’s operations, but has now skyrocketed to unicorn status with more than 200,000 customers and a multi-billion dollar valuation. In 2021, Gusto began acquiring other companies to strengthen its offering and its position in a competitive market, including two other fintech startups, Ardius and Symmetry.
Through its continued acquisitions and fundraising efforts, the company has carved out a strong position for itself in the space. Although Gusto has found itself impacted by the macroeconomic situation, through the significant effect it has had on its clientele, the company still appears positive for the future, and continues to consolidate its platform - for example by integrating with OpenComp to grant its users access to the company's Compensation Intelligence Platform.
Last 2 fundraises
This company has top investors
Gusto is expanding from payroll into a full suite financial wellness platform
How the cloud-software startup Gusto won over investors and small businesses by breaking away from the pack
Studied Electrical Engineering at Stanford and went onto co-found Gusto in 2011.
Has a PhD in Electrical Engineering from Stanford. Was a Researcher at Intel, and then interned at Bump Technologies. Co-founded Vizmo, a mobile self-service technologies company, in 2008. Co-founded Gusto in 2011.
Edward Kim(Head of Engineering)
Studied Electrical Engineering at Stanford. Was Senior Project Engineer at Volkswagen of America Electronics Research Lab and then co-founded Picwing, a printed photos company, in 2008. Co-founded Gusto in 2011.
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Gusto is hiring for 43 jobs on Otta!
People, HR, Recruitment
Finance, Legal & Compliance