Fundraising Fox

Gusto

Venture capitaloperating company Β· company profile

San Francisco Β· Series A

Also known as GUSTO INVESTMENT SERVICES, LLC

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Investment thesis

Gusto is a US-focused payroll, benefits, HR and compliance software platform for small businesses, offering an accountant partner program (Gusto Pro) with a multi-client dashboard and revenue share.

Source: firm website, verified Aug 25, 2026.

Stage
Series A
HQ
San Francisco, CA, US
AUM
$12.7B
Tracked investments
2

18 people who came through Gusto went on to found or lead other companies.

+ 6 more

What they invest in

from 1 of 2 portfolio companies

AI & Machine Learning Γ—1Enterprise Software Γ—1SaaS Γ—1

HQs:United StatesΓ—1

Investments Β· 2 tracked

founders shown can be your intro path
Noyogonoyo.comin

Noyo provides APIs and data connectivity infrastructure for benefits technology, enabling seamless integration of benefits platforms into consumer software and modern workplace systems.

AI & Machine LearningEnterprise SoftwareSaaS

Shannon Goggin(CEO and Cofounder)

Co-investorsCore Venture CapitalNorwest Venture PartnersWorkday Ventures

Utopia Labsutopialabs.comMay 2022Acquired

Crypto payments, payroll and treasury platform for DAOs and web3 companies; acquired by Coinbase in November 2024.

San Francisco, US

Pryce Adade Yebesi(Executive Officer, Director, Promoter)Jason Chong(Executive Officer, Director, Promoter)Alexander Wu(Director, Promoter)Kaito Cunningham(Executive Officer, Director, Promoter)

Co-investorsKindred VenturesParadigmCircle & Co.Circle VenturesCoinbase VenturesDistributed Global+1 more

Frequently asked questions

What stage does Gusto invest at?
Gusto invests at the Series A stage.
What sectors does Gusto focus on?
Gusto focuses on Crypto & Web3.
Where is Gusto located?
Gusto is headquartered in San Francisco, US.

Media Β· Podcasts & interviews

featuring the team

Customer Obsession Made Gusto A $9.6 Billion Company

Founder Firesides Β· Joshua Reeves

Images

Gusto photoGusto photoGusto photo

Co-investors Β· 117

Norwest Venture Partners

Norwest Venture Partners is an investment firm whose growth equity team backs private, profitable, fast-growing companies, providing capital and hands-on support through its 'invited guest' approach.

Both backed Β· 1
$10M – $30M
General Catalyst

General Catalyst is a venture capital firm operating as a partnership focused on company building and accelerating the growth of the businesses it backs.

$30M
Founders Fund

Founders Fund is a venture capital firm that backs technology companies building transformative products.

$500K – $5M
Craft Ventures

Craft Ventures is a venture capital firm run by a team of former founders, operators, and investors who partner closely with founders to help build and scale technology companies.

$50K – $50M
Bessemer Venture Partners

Bessemer Venture Partners is a global venture capital firm that partners with entrepreneurs across enterprise, consumer, and healthcare sectors from early stages through growth.

$5M – $100M
Accel

Accel is a venture capital firm that partners with exceptional teams, positioning itself as a first partner to founders globally.

$1.6M – $70M
Khosla Ventures

Khosla Ventures is a venture capital firm that invests in early-stage companies focused on technology, mobile, and clean energy sectors, including biotechnology applications. The firm provides capital and strategic support to entrepreneurs developing breakthrough technologies across multiple markets.

$5K – $50M
Greylock Partners

Greylock Partners is an early-stage venture capital firm that partners with founders building companies from inception. Its partners make only one or two new investments per year to focus deeply on each partnership.

$100K – $200M
Techstars

Techstars is a startup accelerator and early-stage investor that funds ambitious founders and provides capital, mentorship, and access to a global network of investors, operators, and corporate partners.

$220K
Index Ventures

Index Ventures is a multi-stage venture capital firm that backs companies from Seed to IPO and beyond, including through its dedicated seed fund Index Origin.

$540K – $10.8M
Redpoint Ventures

Redpoint Ventures is a venture capital firm established in 1999 by former partners from leading venture firms, focusing on early-stage technology companies across multiple sectors. The firm leverages its partners' technology investment experience and an extensive network of entrepreneurs and industry contacts to support portfolio company growth.

$100K – $10M
Founder Collective

Founder Collective is a seed and pre-seed stage venture capital firm that invests across sectors, describing itself as sector agnostic and anti-thematic.

β–Ά105 more co-investors

Uncork CapitalInsight PartnersFJ LabsSV AngelUnknown VenturesFirst Round CapitalUberKleiner PerkinsBoxGroupCoatue ManagementSpark CapitalKrakenTrue VenturesSound VenturesCRV (Charles River Ventures)AtomicoTiger Global ManagementEniac VenturesQuiet CapitalGoat CapitalFirstMark CapitalOffline VenturesMayfield FundNextView VenturesHCVCAME Cloud VenturesC2 InvestmentsSciFi VCFifth WallFlybridge Capital PartnersAfore CapitalCota CapitalBond Capital ManagementResolute VenturesSouth Park CommonsStride VCElectric CapitalSoma CapitalQED InvestorsMaveronOperator LPSherpalo VenturesSocial LeverageHarrison MetalPear VCHanabi CapitalCreandumBlockchain CapitalVibe CapitalVillage Global75 & SunnyHomebrewChemistryThe Chernin Group (TCG Crypto)Fuel CapitalNext Play VenturesCapitalGLOI VentureRobot VenturesBedrockVine VenturesThird Point VenturesDragonflyMucker CapitalScience VenturesShrug CapitalSummit PartnersAccelerator VenturesCollaborative FundMischiefAdverb VenturesGutter CapitalRavelin CapitalConvective CapitalSweet CapitalParade VenturesVera EquityTLV PartnersConversion CapitalParadox CapitalGlobal Innovation FundGreatPoint VenturesUnstoppable DomainsIncite.orgSquare Peg CapitalAlpaca VCGeek VenturesUnderscore VCRembrandt Venture PartnersWI Harper GroupMagma PartnersAnimal CapitalStellation CapitalGroup 11JLL SparkApax DigitalMakers CampFenway Summer VenturesLeadout CapitalBlockchain Coinvestors AngelList SyndicateStoryHouseO.G. Venture PartnersMindful Venture CapitalINTERSECTION FINTECH VENTURESPhenomenal Ventures

Firms observed investing alongside Gusto, from public investor directories. Shared companies are the overlap with Gusto's recorded portfolio.

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