Gusto

● Verification pending Last updated: Jul 13, 2026 Data last verified: Jul 13, 2026

Gusto: $14B valuation, IPO Readiness 78, Public. Filed S-1 with the SEC on March 2026 — IPO actively in progress. Track live on The IPO Stack.

PublicHR Technologypublic
78
/100
IPO Readiness Score
Grade B — Moderate IPO Readiness
TechStackIPO proprietary score based on funding scale, valuation, stage progression & momentum.
Track Gusto →

Gusto is the full-service HR, payroll, and benefits platform for small and medium businesses, serving 300K+ companies across all 50 US states. Valued at $9.5B with $520M raised, Gusto processes $100B+ in payroll annually and generates $400M+ in ARR. Competes with ADP, Paychex, and Rippling in the $80B+ payroll and HR software market. IPO under active consideration as the category leader in SMB-focused HR technology.

Valuation
$14B
Total Funding
$921M
Stage
Public
Sector
HR Technology
Headquarters
San Francisco, CA
CEO
Josh Reeves
IPO Status
public

Funding History

Round Amount Date Lead Investors
Series E $200M Jun 2021 General Atlantic, Fidelity
Series D $140M Jul 2019 T. Rowe Price, Dragoneer
Series C $50M Apr 2015 Google Capital
Series A $6.5M Apr 2012 General Catalyst, Kleiner Perkins
The IPO Stack Newsletter

Get Tuesday's IPO moves + one deep-dive in your inbox

Scores, valuations, and IPO signals for the companies that matter. 5-minute read, every Tuesday.

🚀

2026 IPO Watchlist

Top companies most likely to IPO in 2026, ranked by IPO Readiness Score.

Shein
$30-50B · E-Commerce
87
Readiness
Faire
$12.4B · E-commerce
84
Readiness
Abnormal Security
$5.1B · Cybersecurity
83
Readiness
Canva
$42B · Design & Creative
83
Readiness
Hugging Face
$20.0B · Artificial Intelligence
82
Readiness
Netskope
$7.5B · Cybersecurity
82
Readiness
Waymo
$126B · Autonomous Vehicles
81
Readiness
Alchemy
$14.2B · Crypto / Web3
80
Readiness

Related Analysis

📊 IPO Readiness Stack ⚖️ vs Shein ⚖️ vs Faire 📈 IPO Pipeline

Track Gusto IPO timeline, funding rounds, investor activity, and valuation on TechStackIPO — the pre-IPO intelligence platform.

Frequently Asked Questions

When is Gusto going public? +

Gusto is already a public company.

What is Gusto's current valuation? +

Gusto is valued at $14B as of June 2021. This valuation is based on its most recent private funding round tracked by TechStackIPO.

How can I invest in Gusto before IPO? +

Gusto is already a public company. You can invest by purchasing shares on public stock exchanges.

What is Gusto's IPO Readiness Score? +

Gusto scores 78/100 (Grade: B) on TechStackIPO's IPO Readiness Index. The score evaluates funding scale, valuation trajectory, funding momentum, stage progression, and company maturity. Scores above 70 indicate strong near-term IPO potential.

Has Gusto filed for an IPO? +

Yes — Gusto filed an S-1 registration statement with the SEC on March 12, 2026, indicating an active IPO process.

How much total funding has Gusto raised? +

Gusto has raised $921M in total venture capital and private equity funding, with backing from General Atlantic, Fidelity, T. Rowe Price.

Who are Gusto's key investors? +

Gusto's notable investors include General Atlantic, Fidelity, T. Rowe Price, Dragoneer, Google Capital. Full investor details, funding round history, and lead investor breakdowns are available on TechStackIPO.

What sector is Gusto in? +

Gusto is a HR Technology company. Gusto is the full-service HR, payroll, and benefits platform for small and medium businesses, serving 300K+ companies ac.

📡 IPO Intelligence
$49/mo — Unlimited Reports + Real-Time Updates
Unlimited company analysis reports — all 375+ companies
Real-time IPO alerts — know the moment S-1s are filed
Verified data updated daily — not chatbot hallucinations
💡 Tracking multiple companies? Full access pays for itself after 3 reports.
$49
per month
Subscribe Now →
Cancel anytime · Secure via Stripe
Institutional Research
$19 — Get the Complete Gusto Analysis Brief
Executive summary & IPO readiness breakdown
Competitive positioning & funding trajectory
Bull / bear thesis with pricing projections
S-1 timeline estimate & risk assessment
$19
One-time
Don't find it useful? Refund within 7 days.
Secure checkout · Stripe · 24h delivery