USA – Ghost Financial, an Austin, TX-based fintech startup, emerged from stealth with $2.5m in pre seed funding raised.
Pre-seed investors included HOF Capital, 305 Ventures, Hustle Fund, Active Capital, Anthony Ghosn, The Council, Amber Illig, Dr. Molly Maloof, Sarah Kaney, Meg Fitzpatrick, Samantha Stein, Sabrina Halper, Kosinski Ventures, House Capital, Starship Ventures, Ben Yu, Adam Guild, Cory Levy, Ditec Ventures, Draft Ventures, Pareto20, Kepler Operator Fund, and more. The company intends to use the funds to expand operations and its development efforts. Led by John Meyer, CEO and founder, Ghost Financial is a comprehensive financing and business services platform to support ghost kitchen and restaurant ventures by offering financial products such as insurance, payroll, credit cards and expansion loans for startup & growing kitchens.Using an AI algorithm, the company’s solution is able to make accurate financial decisions to provide revenue-generating incentives like cashback credit cards to fund inventory expenses, as well as provide data-informed expansion loan decisions. The platform enables a low-risk way for emerging restaurant brands to enter their first market and effectively expand into others.05/04/2022
