What is Gorila?
Gorila is a financial technology company dedicated to providing users with an intuitive and clear platform for tracking their investments. By enabling connections with partner financial institutions or allowing manual entry of assets, Gorila offers a consolidated view of daily returns and overall portfolio growth. The application aims to empower users to make informed financial decisions by presenting their financial progress in a straightforward manner. This focus on user-friendly investment management positions Gorila as a key player in the personal finance app market, catering to individuals seeking better oversight of their financial future.
How much funding has Gorila raised?
Gorila has raised a total of $27M across 2 funding rounds:
Unspecified
$8.4M
Series B
$18.6M
Unspecified (2019): $8.4M with participation from Ribbit Capital, Monashee Capital, and Iporanga Investimentos
Series B (2021): $18.6M led by Apis Partners, 2TM Group, Iporanga Investimentos, Ribbit Capital, and Monashee Capital
Key Investors in Gorila
Apis Partners
Apis Partners is an investment firm that supports growth-stage financial services innovators aiming to create transformative impacts in their communities. They focus on companies that have established product-market fit and are ready to scale globally, particularly those serving low and middle-income consumers.
2TM Group
2TM is the leading digital asset investment ecosystem in Latin America, encompassing various services aimed at different investor profiles. Its flagship product, Mercado Bitcoin, is the largest digital asset platform in the region, supporting over 4 million clients with extensive infrastructure and regulatory compliance.
Ribbit Capital
Ribbit Capital is a venture capital firm that invests globally in unique individuals and brands who are aiming to disrupt financial services. Headquartered in Palo Alto, Ribbit believes the category is profoundly under-innovated and is looking to support entrepreneurs who have already launched the businesses of the future.
What's next for Gorila?
The recent major strategic investment signals a pivotal phase for Gorila, likely enabling significant expansion of its platform features, user acquisition efforts, and potentially its market reach. With a history of securing enterprise-level funding, Gorila is well-positioned to further innovate in the investment tracking space. Future developments may include enhanced analytics, broader integration capabilities with financial services, and the introduction of new tools designed to support users in achieving their financial goals. The company's strategic backing suggests a focus on scaling operations and solidifying its competitive advantage.
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