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Gusto Secures $1.3 Million Investment Led by Elevate Ventures; Now Available for Download in iTunes App Store
|By Business Wire
|April 14, 2014 10:30 AM EDT
the iPhone app that organizes every email, file and photo you've ever
sent or received into a visibly simpler, easily searchable, unified
inbox, today announced it has secured $1.3 million in venture financing
in a round led by Elevate
Ventures and is now available (for free) in the iTunes
Elevate Ventures’ investment was made through the Indiana Angel Network
Fund, a seed and early-stage co-investment program under the U.S.
Department of Treasury’s State Small Business Credit Initiative in
partnership with the Indiana Economic Development Corporation.
“We’ve been very impressed with the team,” said Steve Hourigan, CEO of
Elevate Ventures. “With the right talent and product-market fit, Gusto
is well-positioned to become a leader in this space where discrete
digital solutions are converging for consumers and business users alike.”
Gusto automatically sorts your emails, attachments and photos—including
photos pasted into the body of email messages—into four tabs: Mail,
Files, Photos and All. Because Gusto combines mobile email with built-in
cloud storage, users never have to worry about manually saving important
documents to the cloud or forgetting which cloud service they used to
store a particular file.
Gusto users can easily attach any file to a new email, a feature
notoriously absent from most mobile email apps. And while the majority
of email apps only allow users to perform basic keyword searches, Gusto
lets users search by keyword, person, file type, account, date and more.
Founded by ChaCha and Overstock.com alum Shawn Schwegman, Gusto grew out
of frustrations with keeping track of files and photos that are buried
in emails and scattered across the web.
“I knew there had to be an easier way to organize my digital life,” said
Schwegman. “The average person manages multiple email accounts, uploads
hundreds of photos across different social networks, and uses several
cloud storage services to save and share important documents. Just as
Google organizes and helps you find the world’s content, you use
Gusto to organize and find your content.”
Emails, files and photos can be browsed in list or tiled views in Gusto,
and users can open the original email associated with a specific file or
photo with a single tap.
Gmail users can manage multiple accounts through Gusto, with future
versions of the app introducing support for Yahoo Mail, Outlook/Hotmail,
AOL, Exchange, iCloud and more in the coming months. The company has
also slated the release of several integrations with social networks and
cloud storage services for future updates.
To download Gusto (free), visit the iTunes
For more information about Gusto, visit http://www.gustoemail.com/,
like Gusto on Facebook,
follow Gusto on Twitter
and +1 Gusto on Google+.
Headquartered in Indianapolis, Gusto’s mission is to improve email,
productivity and digital organization for the world on mobile, desktop
and the web. Our digital lives are spread across the Internet with
multiple email accounts, forgotten attachments, and files/photos
scattered throughout the desktop, the cloud and buried in email. Gusto
brings order to the chaos of your digital world. For more information,
please visit http://www.gustoemail.com/.
About Elevate Ventures
Elevate Ventures is a private venture development organization that
nurtures and develops emerging and existing high-potential businesses
into high-performing, Indiana-based companies. Elevate Ventures
accomplishes this by providing access to capital, rigorous business
analysis and robust advisory services that connect companies with the
right mix of resources businesses need to succeed long-term. As a
not-for-profit organization, Elevate Ventures is able to offer unbiased,
in-depth perspective and recommendations. To learn more about Elevate
Ventures, its team and its funds under management, visit http://www.elevateventures.com/.
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