Placid

Self-Improving Credit

New York, United States · $500K raised

Headquarters
New York, New York
Employees
1–10
Business Model
B2C
Total Funding
$500K
Last Round
$500K Convertible NoteMar 2022
Rounds
1

About

Placid (operating as Gauss Money / Gauss) is a New York-based consumer fintech company that provides an AI-powered personal credit management platform. Gauss automatically finds lower-APR credit card and loan options, negotiates improved terms on existing debt, transfers high-interest balances to a low-APR Placid credit line (14–18% APR), and helps users build their credit score — all managed from a single mobile app. The company is NMLS-licensed and positions itself as a 'Total Credit Manager' that continuously optimizes a user's cost of credit without requiring them to take out a traditional personal loan.

Summary

Placid is a Fintech company based in New York, United States. It has raised $500K in total across 1 round, most recently a $500K Convertible Note round in Mar 2022. Investors include DG Daiwa Ventures.

Tech & App Stack

5 technologies & apps tracked

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Funding History

ConvertibleConvertible NoteMar 2022
$500K

Investors

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