Gusto reaches $500M in trailing revenue, teams up with Remote to support international hires

Gusto, best known for its American payroll management software and services, is playing in the big leagues.
TechCrunch+ has exclusively learned that Gusto has surpassed a significant revenue milestone: In its most recent fiscal year (the 12 months ended April 30, 2023), it generated revenue of more than $500 million, the company said.
The company also has a key profitability benchmark within reach, anticipating reaching free cash flow positivity in the next few quarters, where it expects to stay thereafter.
Gusto has so far held details regarding its financial performance close to its chest, s

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