Among the participating venture capital firms are T. Rowe Price Associates, Y Combinator Continuity Fund, General Catalyst, MSD Capital (Michael Dell), Dragoneer Investment Group, CapitalG, Kleiner Perkins. Xero recently named Gusto as the preferred payroll provider for Xero’s customers in the United States. The partners will develop deeper integration, expected to be completed by early next year with upcoming features to include a single, sign-on to provides customers with the ability to access Gusto accounts using their Xero credentials.