The funding round was led by T. Rowe Price Associates Inc., Y Combinator Continuity Fund and General Catalyst. The company, founded in 2011, offers payroll and benefit services to small- and medium-sized businesses in the U.S. The last time it raised money was in 2015, when it brought its total funding to $176 million. Josh Reeves, Gusto co-founder and chief executive officer, said the company was preparing for an eventual public market debut. “Our timing to IPO is probably in the three- to five-year time horizon,’’ Reeves said. “We want to

https://www.bloomberg.com/news/articles/2018-07-31/payroll-startup-gusto-raises-140-million-in-funding