Gusto CEO Josh Reeves, pictured, tells Forbes his company closed on a $175 million funding round in recent weeks. San Francisco Chronicle via Getty ImagesLast year, as the pandemic left offices empty throughout the country, Josh Reeves watched the small business customers of his HR software company, Gusto, fighting to survive. Many asked Gusto to defer payments and as the bottom line shrunk, the future of Reeves’ 8-year-old company, fresh from a $200 million funding round, was uncertain. “No one had a crystal ball,” says Reeves, Gusto’s CEO and co-founder. Gusto can grow customers by alleviating the often nauseating experience of dealing with payroll, among other things, Berg says.

Source: Forbes August 10, 2021 10:00 UTC