# Cake funding: rounds and investors

> Cake has raised $12M across 4 rounds since 2018. Investors include Flybridge, MassChallenge and Seed Capital. Every round with its source.

Source: https://millionrounds.com/company/cake (Millionrounds; every figure on the page links to its filing or article)

United States · [Seed startup](https://millionrounds.com/companies)

# Who invested in *Cake*

4 rounds we have observed, with the 9 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

E-commerce

Funding summary Updated 26 Oct 2026

**$12M** raised across 4 rounds since 2018, from 4 sources

**$5.0M** Series A **$3.7M** Seed **$125K** Seed **$3.2M** Seed

- **Latest round:** Seed, $3.2M Jan 2025
- **Biggest round:** $5.0M Series A · Jan 2018
- **Step-up i:** 25.6×
- **Investors:** 9

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2018 2019 2020 2021 2022 2023 2024 2025

**$5.0M** Series A

**$3.7M** Seed

**$125K** Seed

**$3.2M** Seed

- **First round:** Series A, $5.0M
- **Biggest round:** $5.0M
- **Usual gap between rounds:** 2.9 years

[**Cake** Dev 1 / 15 Their pitch deck **Cake's pitch deck, 15 slides** Each slide read for what it argues, against the decks that raised at the same stage.](https://millionrounds.com/decks/cake)

## The rounds

- **Jan 2025** Seed **$3.2M** *2 new* *1 returning* [Flybridge](https://millionrounds.com/fund/flybridge) [Seed Capital](https://millionrounds.com/fund/seed-capital) [Boston Seed Capital](https://millionrounds.com/fund/boston-seed-capital) Source recorded
- **Jul 2024** Seed **$125K** *5 new* [MassChallenge](https://millionrounds.com/fund/masschallenge) [Flybridge](https://millionrounds.com/fund/flybridge) [Portfolia](https://millionrounds.com/fund/portfolia) [Pillar VC](https://millionrounds.com/fund/pillar-vc) [GoAhead Ventures](https://millionrounds.com/fund/goahead-ventures) Source recorded
- **Jul 2021** Seed **$3.7M** No investor was named in the report. Reported by Pillar VC
- **Jan 2018** Series A **$5.0M** *2 new* [Kickstart Seed Fund](https://millionrounds.com/fund/kickstart-seed-fund) Peak Ventures/ Pelion Reported by FinSMEs SEC filing: $2.3M sold, first sale Sept 2016

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Series A** 2018 **Seed** 2021 **Seed** 2024 **Seed** 2025 [Flybridge](https://millionrounds.com/fund/flybridge) [MassChallenge](https://millionrounds.com/fund/masschallenge) [Seed Capital](https://millionrounds.com/fund/seed-capital) [Portfolia](https://millionrounds.com/fund/portfolia) [Pillar VC](https://millionrounds.com/fund/pillar-vc) [Kickstart Seed Fund](https://millionrounds.com/fund/kickstart-seed-fund) [Boston Seed Capital](https://millionrounds.com/fund/boston-seed-capital) [GoAhead Ventures](https://millionrounds.com/fund/goahead-ventures) Peak Ventures/ Pelion

## Everyone who backed them

[Flybridge](https://millionrounds.com/fund/flybridge) VC firm **2** rounds

[MassChallenge](https://millionrounds.com/fund/masschallenge) Accelerator **1** round

[Seed Capital](https://millionrounds.com/fund/seed-capital) VC firm **1** round

[Portfolia](https://millionrounds.com/fund/portfolia) VC firm **1** round

[Pillar VC](https://millionrounds.com/fund/pillar-vc) VC firm **1** round

[Kickstart Seed Fund](https://millionrounds.com/fund/kickstart-seed-fund) VC firm **1** round

[Boston Seed Capital](https://millionrounds.com/fund/boston-seed-capital) Angel network **1** round

[GoAhead Ventures](https://millionrounds.com/fund/goahead-ventures) VC firm **1** round

Peak Ventures/ Pelion no record of our own yet **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=cake).

## Quick answers about Cake

### Who invested in Cake?

Cake's investors include Flybridge, MassChallenge, Seed Capital, Portfolia and Pillar VC, and 4 more on record.

### How much has Cake raised?

Cake has raised $12M across 4 rounds since 2018.

### When did Cake last raise?

Cake's most recent round was a Seed of $3.2M in Jan 2025.

### What was Cake's biggest round?

Cake's largest round on record is $5.0M (Series A), in Jan 2018.

### Who backed Cake first?

Cake's first round on record, in Jan 2018, was backed by Kickstart Seed Fund and Peak Ventures/ Pelion.

### What stage is Cake at?

Cake's latest named round is a Seed, in Jan 2025.

### Where is Cake based?

Cake is based in the United States.

## Companies like Cake

In the same sector, and raised in the last eighteen months.

[**Whop** $400M · Oct 2026](https://millionrounds.com/company/whop)[**Rosie** $7.0M · Oct 2026](https://millionrounds.com/company/rosie)[**Stord** $782M · Oct 2026](https://millionrounds.com/company/stord)[**Santé** $23M · Oct 2026](https://millionrounds.com/company/sante)[**Siena AI** $23M · Oct 2026](https://millionrounds.com/company/siena-ai)[**Relay** $207M · Oct 2026](https://millionrounds.com/company/relay)

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