About this raise
Guac, with a valuation of $50 million, is raising funds on Republic. It is a dedicated lifestyle banking app for millennials. The platform helps users set financial goals, track their savings progress, and save money on purchases made through the app. Guac uses advanced micro-savings technology that allows users to save while they spend. It currently has over 110,000 connected users and has helped them save more than $22 million, with year-over-year growth of 115%. Scott Armstrong and Ryan Armstrong founded Guac in 2017. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $2.5 million. The campaign proceeds will be used for sales and marketing, technology and product development, and operations.
Investment Overview
Invested $498,830 :
Deal Terms
Company & Team
Company
- Year Founded
- 2017
- Industry
- Financial & Insurance Products & Services
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- High
- Capital Intensity
- Low
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $4,125,089
- VC Backed?
- Yes
Growth Charts
Revenue History
Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.
Valuation History
Price per Share History
Note: Share prices shown in earlier rounds may not be indicative of any stock splits.