Most recently, Gusto raised $178.5M in its Debt - General (Nov 2025).
- ·Post-money valuations for 9 rounds
- ·The complete investor list: 170 names
- ·Everyone on the team, board and advisors included
- ·Watch Gusto: the Monday email on marks, rounds and moves
Gusto round by round
14 roundsHow much has Gusto raised?
Gusto has raised $930 million across 14 recorded rounds since 2012. The largest was a $90 million Series B2 in Jul 2016; the most recent was a $179 million debt round in Nov 2025. 9 of the rounds disclosed a post-money valuation.
Gusto has filed 3 Form Ds with the SEC, most recently in Aug 2021 ($114 million sold to 27 investors).
Gusto investors
170 investors are on record for Gusto, including Y Combinator, General Catalyst, Salesforce Ventures and Fidelity Management & Research Company. By type, the record holds 49 angel investors, 46 venture capital firms and 10 private investors. The debt round in Nov 2025 drew 1 investor.
170 investors have backed Gusto — start your target list with the firms already writing checks in business/productivity software.
Frequently asked about Gusto
- How much has Gusto raised?
- Gusto has raised $929.8M in total across 14 recorded funding rounds.
- Who are Gusto's lead investors?
- Lead investors in Gusto's recorded rounds include CapitalG, Dragoneer, Fidelity Management & Research Company, MSD Capital - DFO Management, General Catalyst.
- When was Gusto's last funding round?
- Gusto's most recent recorded round was Debt - General in Nov 2025, raising $178.5M.