Guava is a mobile-first, connected banking and networking platform built by and for Black entrepreneurs. The platform combines digital banking features with an expansive community where entrepreneurs can connect, learn, and partner. Founder and CEO Kelly Ifill leads the company. Guava raised $650K as an extension of its pre-seed round. The company intends to use the funds to expand the product and its community aspects, supporting insights and sharing best practices with customers. Guava is based in New York. Guava offers digital banking services and a community platform built to address the specific needs of Black entrepreneurs, tackling the racial wealth gap by facilitating development, growth and resilience of small businesses. The company provides a combined banking and networking product aimed at creators and small business owners. Guava intends to use its newly raised funds to accelerate growth and expand operations. Founded and led by CEO Kelly Ifill in 2021, the company has pursued partnerships and recognition to grow its reach. Guava was selected for Mastercard’s Start Path startup engagement program and won first place in the NYC Recovery Challenge with Google, Cornell Tech and Tech: NYC. The recent $2.4M financing will support scaling of its product and community efforts.

Total raised

$3M

Funding rounds

2

Latest round

Seed

Latest activity

Feb 2023