Looking to sell Gusto stock or options?
Gusto is a cloud-based payroll, benefits, and human resource management software company that serves small and medium-sized businesses. Their platform automates payroll processing, tax filing, and benefits administration, simplifying compliance and reducing administrative burdens for employers. Gusto aims to enhance the employee experience and improve business efficiency by offering a comprehensive suite of HR tools and personalized support.
Kapor Capital, SV Angel, Atom Factory, AME Cloud Ventures, Y Ventures, SciFi VC, LEAP Global Partners, Signatures Capital, Emergence (Financial Services), Sands Capital, Felicis, Thiel Capital, Aurum Partners, Franklin Templeton, WME Capital, Designer Fund, Quiet Capital, Aspect Ventures, Altimeter Capital Management, Acrew Capital, Akkadian Ventures, Annox Capital, Slow Ventures, Wasabi Ventures, Chamaeleon.
Gusto is currently a private company. This means that the company is not listed on any public exchange and so there is no public market for its stock. However, there may still be ways to monetize Gusto stock. Depending on Gusto’s policies, you may be able to: (1) find a private buyer in the secondary market to purchase your stock, (2) borrow against your stock, or (3) exchange Gusto stock into the Collective Exchange Fund for a limited partnership interest and then borrow non-recourse against your interest to generate immediate cash. This last alternative can be much quicker and net you more after-tax cash than your other options. An exchange into our fund also reduces your risk by diversifying your holdings out of an over-concentrated position.
Collective Liquidity can provide liquidity to shareholders of Gusto stock in two ways. First, Gusto employees can exchange shares into the Collective Exchange Fund and then borrow non-recourse to generate immediate cash. This can net you more after-tax cash than a stock sale. It also reduces your risk by diversifying your holdings out of an over-concentrated position. In some cases, Collective may also be able to purchase your Gusto stock. Note that all transactions in Gusto shares are subject to the company’s policies regarding secondary transactions. Schedule a call with a Collective Liquidity representative to learn more about your private market liquidity alternatives.
Gusto stock is not listed on any public exchange and so there is no public market for its shares. Therefore, there is no single, centralized price for Gusto stock. Typically, shares of private companies like Gusto are set with buyers in one off negotiations. Collective Liquidity, however, uses a proprietary algorithm to determine its bids so we almost always have an immediately actionable price for you.
On Jan 2023, Gusto is reported to have closed an equity financing in which the investors valued the company at $9.68B. This valuation is typically calculated by multiplying the per share price of the preferred stock sold in the financing by the number of Gusto shares outstanding assuming the conversion of all stock options, warrants, etc.
Tickers are used to identify company’s shares on public markets like the NYSE or Nasdaq. Because Gusto is not currently publicly traded, it does not have a ticker symbol.
Gusto has not yet conducted an initial public offering (“IPO”) and so remains a private company. Though Gusto is a well-known, successful company, there can be no assurance that it will ever go public or be sold. Because of the risk this imposes on Gusto shareholders, many investors elect to gain liquidity for at least some of their shares before the IPO. Schedule a call with a Collective Liquidity representative to discuss your private market liquidity alternatives.