About CAKE Technologies
CAKE Technologies is a company based in London (United Kingdom) founded in 2015 was acquired by American Express in October 2017. CAKE Technologies has raised $6.37 million across 2 funding rounds from investors including American Express, Peak Ventures and Pelion Venture Partners. The company has 21 employees as of September 30, 2017. CAKE Technologies operates in a competitive market with competitors including Yoello, MyCheck, Rooam, OrderPay and Droplet HQ, among others.
- Headquarter London, United Kingdom
- Employees 21 as on 30 Sep, 2017
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Sectors
Financial Services
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Cake Technologies Ltd
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Annual Revenue
$3.04 K (USD)102as on Dec 31, 2017
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Net Profit
-$6.58 M (USD)-108as on Dec 31, 2017
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EBITDA
Not available
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Total Equity Funding
$6.37 M (USD)
in 2 rounds
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Latest Funding Round
$5 M (USD), Series A
Jan 31, 2018
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Investors
American Express
& 3 more
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Employee Count
21
as on Sep 30, 2017
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Acquired by
American Express
(Oct 01, 2017)
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Funding Insights of CAKE Technologies
CAKE Technologies has successfully raised a total of $6.37M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $5 million completed in January 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in CAKE Technologies
CAKE Technologies has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include American Express, Peak Ventures and Pelion Venture Partners.
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US focused early-stage VC firm
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Venture capital funding is provided to early-stage startups.
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Investor details for CAKE Technologies
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Investments & Acquisitions by CAKE Technologies
Investment portfolio details for CAKE Technologies
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Financial Statements - CAKE Technologies
Detailed financials for CAKE Technologies
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Cake Technologies Comparisons
Peer comparison for CAKE Technologies
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Competitors of CAKE Technologies
CAKE Technologies operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Yoello, MyCheck, Rooam, OrderPay and Droplet HQ, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Mobile ordering and payments platform is operated for hospitality sector.
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Provider of digital solutions for the hospitality industry
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Mobile app for dining search, ordering, and payments is provided.
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Mobile self-ordering and payment app for restaurants is provided.
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Develops mobile money applications for secure financial transactions.
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Detailed competitors of CAKE Technologies
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Latest news on Cake Technologies
Complete news archive for CAKE Technologies
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Frequently Asked Questions about CAKE Technologies
CAKE Technologies was founded in 2015.
CAKE Technologies is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
CAKE Technologies is a funded company, having raised a total of $6.37M across 2 funding rounds to date.
As of Sep 30, 2017, the latest employee count at CAKE Technologies is 21.
Annual revenue of CAKE Technologies is $3.04K as on Dec 31, 2017.
CAKE Technologies was founded in 2015 and is headquartered in London, United Kingdom. Operations focus on the fintech sector, where a mobile payment app is offered to connect with existing electronic point-of-sale systems in restaurants, bars, members clubs, and hotels. Bills are viewed live, tabs are opened, and payments are settled or split directly from smartphones by users.
CAKE Technologies has 4 investors. Key investors include American Express, Peak Ventures, Pelion Venture Partners, and Kickstart Fund.