Home/Companies/Fivetran vs Gusto, Inc.

Company pair · Software

Fivetran vs Gusto, Inc.: Valuation, Funding, Trajectory

Software Fivetran filed Gusto, Inc. private US-headquartered No Canborsa market

This comparison puts Fivetran next to Gusto, Inc. within software on size, funding and trajectory.

On this pageSide by side Valuation marks What each discloses Verdict FAQ

FivetranFILED · US

Gusto, Inc.PRIVATE · US

Last valuation$5.6B$9.3B

Basis Post-money Tender

Founded20122011

Employees≈1,902≈2,400

On CanborsaNo marketNo market

Head-to-head · field by field

Fivetran vs Gusto, Inc. — side by side

Field

FivetranFILED · FOUNDED 2012

Gusto, Inc.PRIVATE · FOUNDED 2011

Last valuation

$5.6B Post-money

$9.3B Tender

Valuation basis

Post-money

Tender

Latest round

S-1 Filing

Employee Tender Offer

Named investors

Andreessen Horowitz General Catalyst CEAS Investments Matrix Partners

General Catalyst Kleiner Perkins Caufield & Byers Y Combinator

Founded

2012

2011

Employees (est.)

≈1,902

≈2,400

Sector & HQ

Data integration / ELT software · 🇺🇸 US

Payroll, benefits, and human resource management software · 🇺🇸 US

Status & market

Filed — no Canborsa market

Private — no Canborsa market

Valuation · both companies on one scale

Valuation marks

Each bar is the last disclosed mark — $5.6B for Fivetran (post-money, Mar 2026) and $9.3B for Gusto, Inc. (tender).

Fivetran

$5.6BPost-money · Mar 2026

Gusto, Inc.

$9.3BTender · undated

FIVETRAN · $5.6B · MAR 2026GUSTO, INC. · $9.3B · UNDATED

Fivetran vs Gusto, Inc. · what each company discloses

What each company discloses, and what it leaves out

FivetranFILEDSoftware · US · 2012

+Last disclosed mark $5.6B — post-money, Mar 2026.

+Founded 2012 .

+≈1,902 employees.

Gusto, Inc.PRIVATESoftware · US · 2011

+Last disclosed mark $9.3B — tender.

+Founded 2011 .

+≈2,400 employees.

Verdict

Verdict

The $5.6B tells you…

What an investor paid for newly issued shares — a primary round, priced post-money.

The size of that round is undisclosed.

A dated print: it moves only when a newer round is announced.

The $9.3B tells you…

What buyers paid for shares that already existed — existing shares changed hands in a tender.

The size of that transaction is undisclosed.

Existing shares moved between holders; the company's balance sheet stayed unchanged.

A post-money print and a tender print are priced by different buyers under different terms, so the two numbers stay side by side, each with its own chip, and no ratio is scored. Both are private: there is no public quote and no Canborsa market on either name.

Frequently asked questions

Are Fivetran and Gusto, Inc. in the same sector?›

Fivetran operates in Data integration / ELT software, and Gusto, Inc. operates in payroll, benefits, and human resource management software.

How do Fivetran and Gusto, Inc. compare in valuation?›

Fivetran is valued at $5.6B, and Gusto, Inc. at $9.3B.

How much capital have Fivetran and Gusto, Inc. raised in total?›

Fivetran has raised $1B across 5 rounds, and Gusto, Inc. has raised $1.2B across 13 rounds.

When did Fivetran and Gusto, Inc. last raise funding?›

Fivetran raised $257.4M through its Series D-1 round in May 2026, while Gusto, Inc. raised $200M through its Tender offer round in June 2025.

Where are Fivetran and Gusto, Inc. headquartered?›

Fivetran is based in Oakland, California, and Gusto, Inc. is based in San Francisco.