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In July 2018, Gusto completed a $140M Series B financing. The round was led by Capital, G, Dragoneer Financial Investment Group, T. Rowe Cost and Y Combinator, followed by Kleiner Perkins, General Driver, Development, SWS Equity capital, and so on. In July 2019, Gusto raised $200 million at a $3. 8 billion appraisal.

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current enhancements, such as the launch of incorporated health benefits, an 'improved' staff member on-boarding experience that consists of I-9 support and welcome e-mails, paid time-off tracking, and several pay rate tools." However, in a Gusto-issued press release on September 17, 2015, the business announced much of these functions: "For the very first time ...

Contact Gusto's dedicated care team with their benefits-related concerns. Access their paystub and strategy data in one location." In 2014, when Gusto was named Zen, Payroll, noted Gusto amongst the very best back-office software application for small companies. The has compared Gusto to bigger payroll processors such as ADP, pointing out both advantages and downsides.

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Item and prices [edit] Gusto's core product offering is payroll processing. As part of the core payroll item, Gusto provides staff member onboarding (work permission forms, direct deposit types, worker information aggregation). Separately, Gusto provides worker health insurance coverage, dental insurance coverage, and vision insurance registration and administration. In addition, Gusto uses other employee-benefit and related items through 3rd parties, consisting of 401K and workers' settlement insurance.

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Releases consisted of adjustable payroll reports, a streamlined PPP Loan Forgiveness tracker and a streamlined PPP application report that's been downloaded more than 80,000 times to date. Nationwide, Gusto enabled more than $2. 5 billion worth of approved PPP loans. Gusto charges a per employee per month fee, comparable to other software service providers.

Gusto. Recovered September 23, 2015. "Which States Does Zen, Payroll Support?". Zen, Payroll. Retrieved May 21, 2015. Carney, Michael (December 11, 2012). "Zen, Payroll raises YC's largest seed round from the Mt. Rushmore of Valley business owners". Retrieved  This Is Cool , 2015. Williams, Alex (December 11, 2012). "Zen, Payroll Launches Cloud-Based Payroll Service With $6.

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Obtained January 20, 2015. "Fin, Tech Profile: Gusto - the all in one individuals platform Endeavor Capital". Fin, Tech Publication. Retrieved 2021-07-21. Williams, Alex (June 12, 2013). "Zen, Payroll Now Offers Employers A Way To Pay Professionals That ADP Can't". Recovered January 20, 2015. Carney, Michael (June 12, 2013). "Zen, Payroll includes assistance for agreement workers, preps for growth to Florida, Texas, and quickly New york city".