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Payroll Service Provider Raises $200 Million Series D Funding

Payroll Service Provider Raises $200 Million Series D Funding

Additionally, Gusto signed Anne Raimondi as its first independent board member. She is a former board member of SendGrid and SVP of operations at Zendesk. Danielle Brown and Fredrick Lee have also been appointed as the Chief People Officer and CISO respectively. Danielle was the former head of inclusion and diversity at Google.

Gusto was established in order to manipulate the economic problems of SMBs, as a result of which it has been adopted strongly. Out of an estimated 6 million small businesses, around 100,000 became the customer of Gusto. On having this count of customers, the Founder and CEO of the company, Josh Reeves said, “I feel like we are still at the beginning stages”.

Josh also talked about his intension to develop two other products including fintech features like Flexible Pay and Healthcare, so SMBs can provide additional benefits to their employees. “We also want to be a force for universal health care,” Josh states.

It has also mentioned that the new office will handle these two products along with the coming ones. Currently, it has over 1,000 employees in Denver and San Francisco locations.

The post Payroll Service Provider Raises $200 Million Series D Funding appeared first on Business Magazine.



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Payroll Service Provider Raises $200 Million Series D Funding

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