# Guac

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/guac

- Industry: Software
- Headquarters: New York, US
- Website: www.tryguac.co
- Total disclosed funding: $2.3M
- Latest round: Seed (Dec 19, 2023)
- Investors on record: 3

## About

Founded in 2022 by Euro Wang (CEO) and Jack Solomon (CTO), and based in New York, US, Guac operates as an information technology company that offers software-as-a-service to accurately forecast demand and optimize inventory orders in the grocery industry. In December 2023, Guac raised USD 2.3 million in seed funding led by investor 1984 Ventures, with participation from another investor Collaborative Fund.

The firm offers an AI-based platform that integrates with the ordering platform of various grocery stores to predict the grocery requirements of their customers and enable stores to forecast demand and store groceries accordingly. The platform considers weather, promotions, cultural festivals, store layout, news and events, current inventory, supplier lead times, and SKU shelf life, etc. to help forecast demand quantities and prevent grocery wastage. 

The company intends to use the December 2023 funding to expand its operation, including its engineering team.

## Funding rounds

- Seed, Dec 19, 2023, $2.3M — Y Combinator, Collaborative Fund, 1984 Ventures

## Investors

- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Seed
- Collaborative Fund (https://capitalatlas.ai/funds/collaborative-fund) — Seed
- 1984 Ventures (https://capitalatlas.ai/funds/1984-ventures) — Seed