Guac

Neutral
BETA

This Tiny Fintech Could Transform The Way 83 Million Americans Bank

Analytics

Raised to Date: $916,030

Aggregate Commitments $
Platform

Equifund CFP

Start Date

09/11/2020

Close Date

07/28/2021

Min. Goal

$20,000

Max. Goal

$1,070,000

Min. Investment

$100

Security Type

Equity - Common

Funding Type

RegCF

Series

Pre-Seed

Pre-Money Valuation

$5,300,000

Weekly Commitments $
Status

Active

Reporting Date

11/25/2020

Days Remaining

244

% of Min. Goal

4,580%

% of Max. Goal

86%

Likelihood of Max
Avg. Daily Raise

$12,214

# of Investors

667

Momentum
Location

Irvine, CA

Industry

Financial & Insurance Products & Services

Tech Sector

Fintech

Distribution Model

B2C

Margin

Medium

Capital Intensity

Low

Business Type

Growth

Guac, with a valuation of $5.3 million, is raising crowdfunding on Equifund CFP. 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 the advanced micro-savings technology that allows users to save while they spend. Scott Armstrong and Ryan Armstrong founded Guac in 2017. The current crowdfunding round has a minimum goal of $20,000 and a maximum goal of $1,070,000. Guac is led by the top fintech talent of the industry and is well-positioned for growth. The users get to save money for their short-term goals faster and with more freedom using Guac.

Summary Profit and Loss Statement
Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-130,784

$-97,398

Summary Balance Sheet
Most Recent Year Prior Year

Cash

$45,028

$4,167

Accounts Receivable

$0

$0

Total Assets

$45,028

$4,167

Short-Term Debt

$187,210

$101,565

Long-Term Debt

$86,000

$0

Total Liabilities

$273,210

$101,565

Ratings

last updated 11/26/2020

Ratings Platform - Beta Trial

Our new ratings and analytics platform is currently in Beta. To gain access to the Beta platform features, upgrade to a Pro paid account and accept the Beta terms on any page.

For a limited time, use coupon code "TRYMERLIN20" for a free 20 day trial of Kingscrowd Pro and Merlin Beta. Your paid subscription will activate at the end of 20 days. Cancel anytime.
Other Deals

Kiwibot on Wefunder

Kiwibot has been selected as a “Top Deal” by KingsCrowd. This distinction is reserved for deals selected into…

Crowd
Neighborhood Sun on Wefunder

The Neighborhood Sun team has been selected as a “Top Deal” by KingsCrowd. This distinction is reserved for…

Crowd
goDeskless on MicroVentures

The goDeskless team has been selected as a “Top Deal” by KingsCrowd. This distinction is reserved for deals…

Crowd
Create your first portfolio
WELCOME TO YOUR OWN INVESTMENTS PORTFOLIO ON KINGSCROWD.

Now you can track all of your startup investments in one place utilizing our state-of-the-art portfolio tracker tools. To begin, create your first portfolio below.

Add to portfolio
Add Guac on Equifund CFP
Follow company
Follow Guac on Equifund CFP