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Gusto raises an extension round, following Faire as unicorns react to a changing market

TechCrunch

Gusto , an HR technology unicorn worth nearly $10 billion, has raised an extension to its 2021-era Series E funding round. EquityZen first noted the new capital raise from Gusto based on its review of publicly available filings, which TechCrunch can confirm. Gusto buys Remote Team in bid to support more international hiring.

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Gusto is now offering pieces of its service to other companies via API

TechCrunch

This morning Gusto , a unicorn that sells payroll and benefits management software, announced that it will now offer part of its service via an API to external platforms. The new product, dubbed “ Gusto Embedded Payroll ,” will allow vertical SaaS companies to provide payroll support to their own customers.

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YC Founder Firesides: Gusto on building for new verticals

Y Combinator

Gusto ( YC W12 ) provides growing businesses with everything to take care of their team. Today, more than 200,000 businesses use Gusto for payroll, employee benefits, talent management, and more. The company also announced they are making it easier for software providers to keep their payroll customers in compliance.

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Gusto: The People Platform for SMBs

Y Combinator

Even though companies like ADP and Paychex have existed for more than 50 years, about 30% of SMBs still manage payroll without the help of a third-party service. Gusto launched in 2012 to tackle this opportunity, and more. Payroll was the foundation for Gusto to achieve its vision of being a comprehensive “people platform.”

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Since Big Tech came to Denver, investors can’t buy enough local startups

TechCrunch

After digging through recent venture capital data via PitchBook and CB Insights and talking to a few companies in the area, we discovered something notable: Venture capital results are rising in Denver after the city and its near-neighbor Boulder had attracted huge investment from the biggest technology companies. More recently.

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Mutiny, which personalizes website copy and headlines using AI, raises $50M

TechCrunch

A 2018 survey of marketers by Rakuten Marketing found that companies waste an estimated 26% of their budgets on inefficient ad channels and strategies. “I faced the ‘conversion problem’ firsthand when I ran marketing at Gusto,” Rezaei told TechCrunch via email. Rezaei and Mathew worked together while at Gusto.).

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Alloy, Synctera and Unit discuss the future of embedded finance at TC Disrupt

TechCrunch

In a session called “Making Money Move with Embedded Finance,” our panel will talk about how a new breed of finance infrastructure companies have the potential to turn any company into a fintech company. In 1993, he built core banking technology for Phoenix, which still powers companies today. Book your room today.