Private Market View

Gusto

Business/Productivity Software · San Francisco, CA · Founded 2011 · Privately Held (backing)

PA Mark · $/share
$20
Sep 2026
Implied valuation
$6.3B
Total raised
$929.8M
Last round
Debt - General
Nov 2025

Capitalization table

9 share classes, by liquidation seniority · as of May 2022
ClassLiq. prefIssue price
Series FF
Series E
Series D
Series C
Series C1
Series B
+ 3 more classes · a free account shows the full cap table
Class structure is public. Preferences and prices are the product.Unlock preferences + participation
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Reading Gusto's cap table

Share classes are listed senior-first: in a sale or liquidation, higher-seniority preferred stock is paid its liquidation preference before junior classes and common see proceeds. A participating class takes its preference and shares in the remainder; a non-participating class chooses one or the other.

The original issue price is what investors paid per share in that class’s round — read against current secondary prices, it shows which investors are above or below water.

Frequently asked

How many share classes does Gusto have?
Gusto has 9 recorded share classes, listed by liquidation seniority — Series FF is the most senior.
How many shares has Gusto authorized?
Across its 9 recorded classes, Gusto has authorized 79,334,740+ shares.
Where does Gusto's cap table come from?
Share classes are assembled from certificates of incorporation, priced-round filings, and disclosures across Gusto's 14 recorded funding rounds.