Gusto hits $1B revenue, a figure that brings it closer to public markets

Image for article Gusto hits $1B revenue, a figure that brings it closer to public markets
News Source : TechCrunch

News Summary

  • Small-business payroll provider Gusto just announced that it surpassed $1 billion in revenue.
  • Gusto was last valued at $9.3 billion when it launched a $200 million tender offer for its employees in June 2025.
  • Its revenue growth has also accelerated in each of the last five quarters, Gusto CEO and co-founder Josh Reeves told TechCrunch.
  • Given its relatively modest valuation compared to its revenue, the company is well-positioned for another fundraise, or even an IPO, at a higher valuation.
While AI disruption looms over many legacy SaaS companies, several HR tech startups seem to be thriving.One of these companies is smallbusiness payroll provider Gusto. The 14yearold company, las [+2617 chars]

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