Cake

Kapellen, Belgium Founded: 2019 • Age: 7 yrs Acquired By Levenue
Personal finances are managed via a unified mobile application.
Annual revenue - Latest available
Total funding $5.2M 1 rounds
Employees 6 Tracked headcount
Investors 5 Known backers
Products - Services tracked
Competitors 8 Brand Intelligence

About Cake

Cake is a company based in Kapellen (Belgium) founded in 2019 by Davy Kestens was acquired by Levenue in November 2023. Cake has raised $5.24 million across 1 funding round from investors including Levenue, Truffle Capital and Seeder Fund. The company has 6 employees as of December 31, 2022. Cake operates in a competitive market with competitors including Rydoo, Horizonbudget, Softurion, Budgetos and Halff, among others.

  • Headquarter Kapellen, Belgium
  • Employees 6 as on 31 Dec, 2022
  • Founders Davy Kestens
  • Sectors
    Technology
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Cake Nv
Operational Areas
Technology → Marketing, Adtech & Commerce Technology Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $5.24 M (USD)

    in 1 rounds

  • Latest Funding Round
    $5.24 M (USD), Seed

    Jan 14, 2022

  • Investors
    Levenue

    & 4 more

  • Employee Count
    6

    as on Dec 31, 2022

  • Acquired by
    Levenue

    (Nov 15, 2023)

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People of Cake

Headcount 10-50
Employee Profiles 1
Employee Profiles
People
Benjamin Rieder
Board Member

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Teams

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Funding Insights of Cake

Cake has successfully raised a total of $5.24M through 1 strategic funding round. The most recent funding activity was a Seed round of $5.24 million completed in January 2022. 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

Cake has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include Levenue, Truffle Capital and Seeder Fund.

All
Venture Fund
Investor Description Founded Year Domain Location
Truffle Capital is recognized as a leading European venture capital firm.
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Venture debt is provided to tech start-ups based in Belgium.
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VC & PE fund
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Investor details for Cake

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Investments & Acquisitions by Cake

Investments
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Investment portfolio details for Cake

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  • Portfolio identities
  • Transaction dates
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Financial Statements - Cake

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Detailed financials for Cake

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Cake Comparisons

Cake Primary company
Description
Personal finances are managed via a unified mobile applicati...
Location
Kapellen, Belgium
Founded Year
2019
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
6
As of 2022
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Peer comparison for Cake

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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Competitors of Cake

Cake 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 Rydoo, Horizonbudget, Softurion, Budgetos and Halff, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
AI and SaaS platform for business expense management is provided.
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Offers a cloud-based platform for effective budget management.
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Personal finance software for tracking expenses, revenues, and forecasts on Mac and iPad.
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A cloud-based platform for efficient expense management and tracking.
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Account-linked expense aggregation platform
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Detailed competitors of Cake

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  • Domains and locations
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Latest news on Cake

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Complete news archive for Cake

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  • Brand-specific news history

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Frequently Asked Questions about Cake

Cake was founded in 2019 and raised its 1st funding round 3 years after it was founded.

Cake is headquartered in Kapellen, Belgium. It is registered at Kapellen, Antwerp, Belgium.

Davy Kestens is the current CEO of Cake. They have also founded this company.

Cake is a funded company, having raised a total of $5.24M across 1 funding round to date.

As of Dec 31, 2022, the latest employee count at Cake is 6.

Cake was founded in 2019 in Kapellen, Belgium, within the personal financial management sector. Solutions are delivered through a mobile app accessible on iOS and Android devices. Expenses are tracked and consolidated in one platform, with tools provided for financial control, spending comparisons, and payment alerts. Operations focus on individual users seeking streamlined expense oversight.

Cake's top competitors include Rydoo, Halff and Horizonbudget.

Cake has 5 investors. Key investors include Levenue, Truffle Capital, Seeder Fund, unknown, and Sambrinvest.

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