Gusto (software)
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Type of site
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Private |
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| Founded | November 2011 |
| Area served | United States |
| Key people | Joshua Reeves (CEO) Edward Kim (CTO) Tomer London (CPO) |
| Website | gusto |
Gusto (formerly ZenPayroll) is a company that provides a cloud-based payroll, benefits, and workers' comp solution for businesses based in the United States. Gusto handles payments to employees and contractors and also handles electronically the paperwork necessary to help client companies comply with tax, labor, and immigration laws. Gusto is operational in all 50 US states.
Gusto was part of Y Combinator's Winter 2012 batch. The service launched officially on December 11, 2012 in California.
On June 12, 2013, Gusto announced support for paying contract workers, including making sure of tax compliance (by filing the relevant Form 1099 and other paperwork). This was touted by some technology writers as giving the company an advantage over competitors such as ADP and Paychex, whose payroll software was claimed to lack the flexibility to accommodate contract workers. The company also announced plans to launch services in Florida, Texas, and New York state. By August, services were available in all 50 states.
In August 2013, Gusto announced that it had crossed $100 million in payments processed annually, and was launching in Florida, Texas, and Washington state.
In September 2014, Gusto announced its application programming interface (API) and partnerships with over a dozen small and medium business (SMB) back-office service companies.
In December 2014, Gusto announced support for letting companies match employees' charitable donations.
In April 2015, Gusto announced support for all 50 states.
In July 2015, Gusto announced that it had expanded its business and opened a new office in Denver, Colorado.
In September 2015, it was announced that ZenPayroll had changed its name to Gusto, and was broadening its focus to integrate health benefits and workers' compensation into its payroll software.
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