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
*********
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Website
*********
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Social
*********
- 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
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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.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series A — $5.0M
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First Round
First Round
(02 Jul 2015)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2018 | Amount | Series A - CAKE Technologies | Valuation | Peak Ventures | |
| Jul, 2015 | Amount | Seed - CAKE Technologies | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Founded Year | Domain | Location | |
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US focused early-stage VC firm
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Founded Year | Domain | Location | |
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Venture capital funding is provided to early-stage startups.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by CAKE Technologies
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - CAKE Technologies
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Cake Technologies Comparisons
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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Mobile ordering and payments platform is operated for hospitality sector.
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| domain | founded_year | HQ Location |
Provider of digital solutions for the hospitality industry
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| domain | founded_year | HQ Location |
Mobile app for dining search, ordering, and payments is provided.
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| domain | founded_year | HQ Location |
Mobile self-ordering and payment app for restaurants is provided.
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| domain | founded_year | HQ Location |
Develops mobile money applications for secure financial transactions.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Cake Technologies
Frequently Asked Questions about CAKE Technologies
When was CAKE Technologies founded?
CAKE Technologies was founded in 2015.
Where is CAKE Technologies located?
CAKE Technologies is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Is CAKE Technologies a funded company?
CAKE Technologies is a funded company, having raised a total of $6.37M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1.37M, raised on Jul 02, 2015.
How many employees does CAKE Technologies have?
As of Sep 30, 2017, the latest employee count at CAKE Technologies is 21.
What is the annual revenue of CAKE Technologies?
Annual revenue of CAKE Technologies is $3.04K as on Dec 31, 2017.
What does CAKE Technologies do?
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.
Who are the top competitors of CAKE Technologies?
Who are CAKE Technologies's investors?
CAKE Technologies has 4 investors. Key investors include American Express, Peak Ventures, Pelion Venture Partners, and Kickstart Fund.
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