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The Late Stage 50 · 2026 edition · #23 of 50

Gusto

Gusto provides payroll, benefits, HR and compliance software to more than 500,000 small businesses.

US$1.0bn+Run-rate · May 2026
—growth not disclosed
#23rank by disclosed revenue

The figure

Revenue
surpassed $1 billion in trailing 12-month revenue
Run-rate · May 20261PR Newswire · 7 May 2026
In US dollars
US$1.0bn+
as stated
Standing
stated
Company stated — via PR Newswire
Published
7 May 2026
accessed 17 Oct 2026
Evidence
“announced it has surpassed $1 billion in trailing 12-month revenue” — as read on the source page1PR Newswire · 7 May 2026
Growth
—
no comparable year-on-year figure: rates over periods shorter than a year, or built on floors or approximations, are not shown

Context

Headquarters
San Francisco, United States
Sector
Cyber security
Payroll / HR for small business
Website
gusto.com
Status
Private as of 17 October 2026
Release: General Catalyst CEO is board member; TechCrunch headline 'closer to public markets'. No listing.1status check · 17 Oct 2026

Market context

Last round · Forge
Series E (01/27/2023): $30.40 per share, $9.68B post-money valuation, $364.64M raised
Clarity Price
$16.97 per share
6M return +10.55%3Clarity (formerly Hiive)
Last round · Clarity
Tender Offer (June 2025): $9.3B post-money, $200M raised

Secondary-market indications are published by Forge Global and Clarity (formerly Hiive) on the dates shown; ratings and margins marked “estimate” are a third party's estimates as reported by the named outlet. None is an offer, and none is part of the ranking.

Investing Platform

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References

Every figure on this page, by source.

  1. 1PR Newswire · 7 May 2026www.prnewswire.com/news-releases/gusto-surpasses-1-billion-in-revenue-serving-more-than-50…
  2. 2Forge Global · 17 Sept 2026forgeglobal.com/gusto_stock/
  3. 3Clarity (formerly Hiive)www.clarity.com/browse-companies/gusto-stock

Every link was opened on 17 October 2026 and the figure read on the page. Secondary-market indications, where shown, are provided by Forge Global and Clarity (formerly Hiive), are not offers, and play no part in the ranking.