Josh R.

Head of Gusto (CEO) and Co-Founder. Building Gusto for the Long Term., Gusto
,United States
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Who Is Josh R.?

Total Experience13 years
CompanyGusto
CountryUnited States

Josh Reich is a visionary entrepreneur and technologist, best known as the co-founder and former CEO of Simple, one of the first and most influential digital banks in the United States. With a background in computer science and an MBA from Carnegie Mellon University, Josh identified the deep-seated frustration consumers felt with traditional banking. He co-founded Simple in 2009 with the mission to help people feel more confident with their money through a beautifully designed, user-centric, and fee-transparent banking experience. His leadership and focus on customer empathy challenged the financial industry, paving the way for the modern fintech and neobanking revolution. After Simple's acquisition by BBVA, Josh has continued to influence the tech landscape as an advisor and investor for startups focused on creating meaningful impact.

How Did Josh R.'s Career Path Shape Their Journey?

Josh R.'s work history includes a series of influential roles in various companies. Here is a detailed list of his professional journey:

Gusto - Head of Gusto (CEO) and Co-Founder. Building Gusto for the Long Term.(2011 to Present)

What Are Josh R.'s Key Achievements?

Co-Founder & CEO of Simple

Co-founded Simple in 2009, pioneering the U.S. neobanking movement by creating a digital-first bank with no hidden fees, integrated budgeting tools, and a celebrated user experience that put customer needs first.

Successful Acquisition by BBVA

Led Simple to a successful acquisition by global financial group BBVA for $117 million in 2014, a landmark deal that validated the potential of the fintech sector and the value of customer-centric financial products.

Shaping the Future of Fintech

His work at Simple is widely credited with inspiring a new generation of financial technology startups and forcing legacy banks to significantly improve their own digital offerings and customer service standards.

What's Josh R.'s Educational Background?

Bachelor's Degree, Electrical Engineering

Stanford University

Master's Degree, Electrical Engineering

Stanford University

Buying Intent Signals for Josh R.

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Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance

Company Overview

Gusto
Total employees2500
HeadquartersSan Francisco
Founded2011

Gusto is a comprehensive cloud-based platform that simplifies complex business processes for small to medium-sized businesses. It provides an all-in-one solution for payroll, benefits administration (including health insurance and 401(k)s), and human resources management. Key features include automated payroll and tax filing, employee onboarding, time tracking, and compliance support, empowering businesses to better manage and care for their teams.

Gusto Funding Information
Unknown - Total Funding Raised
$55M - Most recent funding amount
10 - Number of funding rounds
May 1, 2023 - Latest funding round
Lead Investors:
T. Rowe Price
General Catalyst
CapitalG
Fidelity Management & Research Company
Kleiner Perkins
Y Combinator

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