About CakeDrop
CakeDrop is a company based in London (United Kingdom) founded in 2017 by Nicola Ward and Anna Ward. CakeDrop has raised $846.85 thousand across 4 funding rounds. The company has 2 employees. CakeDrop offers products and services including Logo Branded Biscuits, Branded Cupcakes, Branded Doughnuts, and Branded Brownie Bites. CakeDrop operates in a competitive market with competitors including Culture Amp, Kwench, Erudit, Actimo and Worksmile, among others.
- Headquarter London, United Kingdom
- Employees 2
- Founders Nicola Ward, Anna Ward
- Stage Minicorn
- SectorsTechnologyRetail
- Email••••••••
- Website cakedrop.london
- Social LinkedIn X Facebook Instagram
- Legal Name Cakedrop Limited
- Total Equity Funding$846.85K (USD)
in 4 rounds
- Latest Funding Round$379.5K (USD), Seed
Dec 2023
- Employee Count2
Products & Services of CakeDrop
CakeDrop offers a comprehensive portfolio of products and services, including Logo Branded Biscuits, Branded Cupcakes, Branded Doughnuts, and Branded Brownie Bites.
Custom biscuits with logos for corporate and workplace events.
Cupcakes branded for office occasions and seasonal celebrations.
Doughnuts customized for business events and brand activations.
Bite-sized brownies with branding for team gifting and milestones.
Funding Insights of CakeDrop
CakeDrop has successfully raised a total of $846.85K across 4 strategic funding rounds. The most recent funding activity was a Seed round of $379.5 thousand completed in December 2023. 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 $846,850
- Total Rounds 4
- Last Round Seed — $379,499
- First Round $128,172
(Sep 2020)
All 4 funding rounds of CakeDrop with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2023 | $379,499 | Seed | $2.46M | – | – |
| Nov 2023 | $155,658 | Seed | $1.99M | – | – |
| Sep 2023 | $183,521 | Seed | $••••• | – | – |
| Sep 2020 | $128,172 | Seed | $••••• | – | – |
| Date | Valuation | Stage |
|---|---|---|
| Dec 2023 | $2.46M | •••••••• |
| Nov 2023 | $1.99M | •••••••• |
| Sep 2023 | $••••• | •••••••• |
| Sep 2020 | $••••• | •••••••• |
Full valuation and stage history of CakeDrop
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
- Dates
- Exports
Verified entity values are shown only after access is granted.
Last known valuation $2.46M (Dec 2023).
People of CakeDrop
2 people are tracked at CakeDrop (2 in leadership); the tracked headcount is 2.
| Name | Role | Group |
|---|---|---|
Nicola Ward | Co-Founder | Leadership |
Anna Ward | Co-Founder | Leadership |
Complete people profiles for CakeDrop
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of CakeDrop
4 dated milestones of CakeDrop across 6 years, from founding to its latest funding, stage changes and deals.
- Founded CakeDrop is founded.
- Funding First funding round of $128K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $379K.
Competitors of CakeDrop
CakeDrop 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 Culture Amp, Kwench, Erudit, Actimo and Worksmile, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| cultureamp.com | 2009 | Richmond, Australia | $258.3M | – | Employee experience management platform | |
| kwench.com | 2008 | Mumbai, India | $735,173 | – | Employee recognition and engagement are enabled through Kwench platform. | |
| erudit.ai | 2019 | Madrid, Spain | $11.15M | – | Cloud-based suite solutions for employee engagement | |
| actimo.com | 2012 | Copenhagen, Denmark | $8.58M | 32 | Cloud-based remote team collaboration management software provider | |
| worksmile.com | 2015 | Warsaw, Poland | – | – | Cloud-based mobile-first platform for employee experience management is utilized. | |
| eloops.com | 2004 | Tel Aviv, Israel | $5M | – | Provides a social collaboration platform for enterprises. | |
| dblx.co.uk | 2013 | – | – | 23 | Employee engagement solutions including learning management and mentoring are provided. | |
| qualee.com | 2015 | Singapore | $1M | – | Cloud-based employee engagement and onboarding solutions are provided. |
Detailed competitors of CakeDrop
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of CakeDrop
The website of CakeDrop (cakedrop.london) receives about 3.5K visits a month.
- Monthly visits3.5K
▼ 6.6% vs previous month
Similar companies to CakeDrop
10 companies that operate in the same segment as CakeDrop (HR & Workforce Technology), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Anonymous employee reviews and job search platform are operated. | 2007 | San Francisco, California, United States | USD 201.5 M | – | – | |
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Employee health benefits are facilitated via a cloud-based platform. | 2007 | Plymouth Meeting, Pennsylvania, United States | USD 228.3 M | – | – | |
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Virtual physical therapy and digital pain care solutions are provided. | 2015 | San Francisco, California, United States | USD 854.44 M | – | – | |
Cloud-based HR and financial software is delivered to enterprises. | 2005 | Pleasanton, California, United States | USD 352.3 M | USD 9.53 B | 20,400 | |
Businesses are connected with freelancers via an online marketplace. | 1999 | San Francisco, California, United States | USD 140 M | USD 787.78 M | 600 | |
Tech-enabled mental health solutions for employers are provided. | 2016 | New York, New York, United States | USD 508.73 M | – | – | |
SaaS-driven credit card and spend management solutions platform for businesses | 2017 | Draper, Utah, United States | USD 1.16 B | – | 1 | |
Cloud-based HRMS software is offered for small and medium-sized businesses. | 2016 | Barcelona, Catalonia, Spain | USD 369.25 M | – | – |
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Frequently Asked Questions about CakeDrop
CakeDrop was founded in 2017 and raised its 1st funding round 3 years after it was founded.
CakeDrop is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
CakeDrop is a funded company, having raised a total of $846.85K across 4 funding rounds to date. The company's 1st funding round was a Seed of $128.17K, raised on Sep 2020.
CakeDrop has 2 employees.
CakeDrop was founded in 2017 in London, United Kingdom, as a workplace solution provider in the HR technology sector. Automated ordering of cakes and sweets is facilitated for employee milestones, workplace events, and brand activations. Customizable treat experiences are offered, with integration capabilities for existing HRMS systems to support business operations.
CakeDrop's top competitors include Culture Amp, Kwench and Actimo.
CakeDrop offers Logo Branded Biscuits, Branded Cupcakes, Branded Doughnuts, and Branded Brownie Bites.
The valuation of CakeDrop is $2.46M as of Dec 2023.
CakeDrop operates through Cakedrop Limited.