Gusto Valuation Analysis: Latest Market Insights & Trends

Gusto Valuation and Overview

Sectors

Talent Management, Financial, Payments

Headquarters

San Francisco, CA, USA

CEO

Joshua Reeves Josh

Gusto shares trade at a 33.67% discount to their Series E Valuation, as of May 05, 2025. Over the last 90 days, shares returned +12.19%, with $55.0M in secondary bids, offers, and transactions activity, according to PM Insights' secondary market data.

Series E Valuation

Latest funding round

$9.5B

XXXXX

2021-07-12

XX-XX-XXXX

PM Insights Implied Valuation

$6.3B

2025-05-05

AV Implied Valuation

XXXXX

XX-XX-XXXX

Change since Last Round

-33.67%

2021-07-12 ➞ 2025-05-05

Change since Last Round

XXXXX

XX-XX-XXXX

Secondary Activity

Low

XXXXX

Volume

$55.0M

XXX

(90 day period)

Bid

XXX

Ask

XXX

Bid

$55.0M

Ask

$0.0M

Business Partnerships

Targeted Impact

Who Will Benefit?

What Comes Next?

Gusto Growth Timeline

No items found.

Gusto and Competition

The HR and payroll software market demonstrates a strategic positioning spectrum between intuitive interfaces and comprehensive functionality. Gusto has established a distinctive position with its user-friendly experience while offering sufficient capabilities for SMBs. Legacy providers maintain market leadership through extensive features despite complex interfaces. Emerging competitors like Rippling are challenging this paradigm by combining rich feature sets with improved usability. This competitive dynamic is driving innovation as vendors attempt to minimize the traditional trade-off between ease of use and feature richness.

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Gusto Market Inteligence Snapshot

Gusto Annual Revenue & Year-Over-Year Growth Rate

Gusto generated $600.0M in revenue as of 2023, reflecting a year-over-year growth rate of +33.33%, according to PM Insights' market research. Gusto carries a 7.62x revenue multiple as of May 05, 2025, according to PM Insights' venture secondary market data.

Gusto Secondary Market ROI (Return on Investment)

Over the last 90 days, shares returned +12.19%, with $55.0M in secondary bids, offers, and transactions activity, according to PM Insights' secondary market data.

Gusto Bid-Ask Volume Ratios (Private Secondary Market)

Gusto Mutual Fund Valuations (NAV)

Gusto's mutual fund disclosures indicate a three-month moving average fund price per share of $27.58 as of December 30, 2024, according to PM Insights' market data.

Gusto Funding Rounds & Cap Table Details

PM Insights tracks detailed primary funding rounds and verifies cap table directly from original filings for Gusto. Gusto raised $175.0M in its Series E on July 12, 2021, with a price per share reflecting a post-money valuation of $9.5B, according to PM Insights' market data.

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