Gusto Gets $200M For Payroll, HR Management
Gusto, which develops an online platform that helps small businesses manage payroll, human resources, 401(k)s, and other employee benefits, has raised $200M in a Series D funding. The company--which has a major presence in Denver--said the funding was led by Fidelity Management & Research Company, and also included Generation Investment Management, Dragonner Investment Group, General Catalyst, and T. Rowe Price Associates. As part of the funding, the company said that it has added Anne Raimondi to its board of directors. Raimondi also serves on the baord of Asana, and was a board member at fellow Denver area company SendGrid; she previously had been at Zendesk, Survey Monkey, Blue Nile, and eBay. Gusto is led by CEO and co-founder Josh Reeves.
posted on Wednesday, July 24, 2019
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