GoPato
Latest round
- Seed
Last raised
- Jan 2017
Total raised
- $0.6M
Investors
- 1
About GoPato
GoPato Inc., founded in 2015 in Cartago, Costa Rica, specializes in providing cash conversion services by enabling clients to turn their credit card limits into cash.GoPato Inc. specializes in credit card cash conversion services, allowing clients to convert their credit card shopping limits into cash. This typically involves purchasing items, such as gift cards, which are then sold to generate cash. The service primarily aims to address urgent financial needs, enabling users to obtain liquidity without resorting to traditional borrowing methods. The customer base consists mainly of individuals facing immediate cash flow challenges who prefer discretion in their financial transactions.GoPato Inc. generates revenue through transaction fees charged for converting credit card limits into cash. Clients initiate transactions to purchase designated products online, facilitating cash payouts. The pricing structure is aligned with the transaction value; higher amounts can result in greater cash received, but at a reduced rate due to service fees.GoPato Inc.55 mn to enhance its service offerings, with a focus on developing new products designed to streamline cash conversion processes. The company is also targeting expansion into new geographic markets with specific plans to enter select urban areas in the United States by late 2024.
Who invested in GoPato
1 investor across 1 round
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Funding rounds
Seed
Jan 13, 2017
Amount
$0.6M
Investors
Questions about GoPato
Who invested in GoPato?
GoPato has 1 investor on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has GoPato raised?
GoPato has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did GoPato last raise money?
GoPato's most recent round on record is a Seed, in Jan 2017.
What does GoPato do?
GoPato is a consumer services company.
Where is GoPato headquartered?
GoPato is headquartered in Cartago, Costa Rica.
Which VCs invest in companies like GoPato?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back consumer services companies at GoPato's stage. Their profiles are linked below.
VCs backing consumer services startups at Seed
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