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

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current improvements, such as the launch of integrated health advantages, an 'boosted' worker on-boarding experience that consists of I-9 support and welcome emails, paid time-off tracking, and numerous pay rate tools." However, in a Gusto-issued press release on September 17, 2015, the business announced many of these features: "For the very first time ...

Contact Gusto's dedicated care team with their benefits-related questions. Gain access to their paystub and strategy data in one location." In 2014, when Gusto was called Zen, Payroll, listed Gusto among the finest back-office software application for small companies. The has actually compared Gusto to larger payroll processors such as ADP, citing both benefits and disadvantages.

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Item and rates [edit] Gusto's core item offering is payroll processing. As part of the core payroll item, Gusto uses worker onboarding (work permission kinds, direct deposit forms, employee information aggregation). Separately, Gusto offers employee health insurance coverage, oral insurance, and vision insurance registration and administration. In addition, Gusto uses other employee-benefit and associated items through 3rd parties, including 401K and workers' compensation insurance.

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Releases consisted of adjustable payroll reports, a streamlined PPP Loan Forgiveness tracker and a structured PPP application report that's been downloaded more than 80,000 times to date. Nationwide, Gusto made it possible for more than $2. 5 billion worth of approved PPP loans. Gusto charges a per staff member monthly cost, comparable to other software service providers.

Gusto. Retrieved September 23, 2015. "Which States Does Zen, Payroll Assistance?". Zen, Payroll. Recovered May 21, 2015. Carney, Michael (December 11, 2012). "Zen, Payroll raises YC's largest seed round from the Mt. Rushmore of Valley business owners". Recovered January 20, 2015.  Keep Checking Back Here , Alex (December 11, 2012). "Zen, Payroll Launches Cloud-Based Payroll Service With $6.

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Retrieved January 20, 2015. "Fin, Tech Profile: Gusto - the all in one individuals platform Equity capital". Fin, Tech Publication. Obtained 2021-07-21. Williams, Alex (June 12, 2013). "Zen, Payroll Now Gives Employers A Way To Pay Specialists That ADP Can't". Recovered January 20, 2015. Carney, Michael (June 12, 2013). "Zen, Payroll includes assistance for agreement employees, preps for expansion to Florida, Texas, and quickly New York".