Gullak

Gullak

Early Stage

Gullak automates savings & invests these in gold

Gullak automates savings & invests these in gold

Overview

Raised this Round: Raised: $63,568

Total Commitments ($USD)

Platform

Wefunder

Start Date

12/26/2022

Close Date

01/27/2023

Min. Goal
$25,000
Max. Goal
$124,000
Min. Investment

$100

Security Type

SAFE

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$25,000,000

Discount

0%

Year Founded

2022

Industry

Financial & Insurance Products & Services

Tech Sector

Fintech

Distribution Model

B2C

Margin

Medium

Capital Intensity

Low

Location

San Francisco, California

Business Type

High Growth

Gullak, with a valuation of $25 million, is raising funds on Wefunder. It is a fintech company that automates savings and invests the savings in gold. The app enables users to set up automatic payments, set up reminders, or save on everyday spending and invests the saved money in 100% secure 24k gold. Gullak is led by an experienced team and has a $350,000 monthly GTV in 60 days, growing 25% weekly. Naimisha Rao, Dilip Jain, and Manthan Shah founded Gullak in July 2022. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $124,000. The campaign proceeds will be used for product, engineering, growth, retention, and acquisition.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$0

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$0

$0

Accounts Receivable

$0

$0

Total Assets

$0

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

Financials as of: 12/26/2022
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Gullak on Wefunder 2022
Platform: Wefunder
Security Type: SAFE
Valuation: $25,000,000

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