Guac

AI-powered demand forecasting and replenishment for grocery. Less food waste. More on-shelf availability.

General Information
Company Name
Guac
Founded Year
2023
Location (Offices)
Founders / Decision Makers
Number of Employees
7
Industries
Entertainment, Food and Beverage, IT +2
Funding Stage
Seed
Social Media

Guac - Company Profile

Guac is an AI-powered demand forecasting startup that focuses on reducing food waste and increasing on-shelf availability in the grocery industry. The company, founded in 2023, utilizes machine learning to assist grocery retailers in accurately predicting demand and optimizing inventory ordering. With its industry-leading demand prediction algorithm, Guac aims to eliminate the significant costs associated with food waste and empty shelves in the grocery sector. The startup has garnered support from well-renowned investors including Y Combinator, 1984 Ventures, Collaborative Fund, and angels from Instacart, Jane Street, and Citadel Securities. Notably, Guac's recent $2.30M Seed Round investment on 19 December 2023 underscores the confidence and backing it has received from prominent players in the industry. The company operates within the Food and Beverage sector and is well-poised to transform the grocery industry through its innovative AI-powered solutions.

Taxonomy: AI-powered, demand forecasting, grocery, inventory optimization, food waste reduction, on-shelf availability, retail technology, Y Combinator, 1984 Ventures, Collaborative Fund, angel investors, Instacart, Jane Street, Citadel Securities

Funding Rounds & Investors of Guac (2)

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Funding Stage Amount No. Investors Investors Date
Seed Round $2.30M 3 19 Dec 2023
Pre Seed Round $500.00K 1 06 Jul 2023

Latest News of Guac

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No recent news or press coverage available for Guac.

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