Guac

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.