Cake - About the company
Cake is an acquired company based in Kapellen (Belgium), founded in 2019 by Davy Kestens, Davy Kestens, Miguel Fernando Cfa and Pieter Schelfhout. It operates as a Personal financial management solution. Cake has raised $5.24M in funding from Truffle Capital. The company has 9 active competitors, including 1 that has exited. Its top competitors include companies like Rydoo, Roov and Horizonbudget.
Company Details
Cake offers personal financial management solutions to individuals. It allows users to manage all expenses on a single app. Provides tools to control finances, suggestions to compare spending and expenses, and alerts to make due payments. The application can be accessed on iOS and Android devices.
- Website
- cake.app
- Email ID
- *****@cake.app
- Registered Address
- Groenstraat 42A, 3381 Glabbeek, Belgium.
Key Metrics
Founded Year
2019
Location
Kapellen, Belgium
Stage
Acquired
Total Funding
$5.24M in 1 round
Latest Funding Round
Investors
Ranked
2nd among 9 active competitors
Employee Count
36 as on Aug 31, 2026
Similar Companies
Exit Details
Acquired by Levenue (Nov 15, 2023)
Legal entities associated with Cake
Cake is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
Cake NV CIN: 0723.581.891 , Belgium, Active | Mar 24, 2019 | - | 6 (As on Dec 31, 2022) | - |
Cake's acquisition details
Cake got acquired by Levenue on Nov 15, 2023.
Click here to take a look at Cake's acquisition in detail
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Cake's funding and investors
Cake has raised a total funding of $5.24M over 1 round. Its latest funding round was a Seed round on Jan 14, 2022 for $*****. 3 investors participated in its latest round. Cake has 5 institutional investors.
Here is the list of recent funding rounds of Cake:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jan 14, 2022 | 8832075 | Seed | 4914161 | 7414938 | 3276349 | 9479176 |
View details of Cake's funding rounds and investors
Cake's founders and board of directors
Founder? Claim ProfileThe founders of Cake are Davy Kestens, Davy Kestens, Miguel Fernando Cfa and Pieter Schelfhout. Davy Kestens is the CEO of Cake.
Here are the details of Cake's key team members:
- Davy Kestens: Co-Founder & CEO of Cake and founder of 2 other companies, Sparkcentral and GhostBloggers. They are also an angel investor in 1 startup.
- Davy Kestens: Founder & CEO of Cake and founder of 1 other company.
- Miguel Fernando Cfa: Founder of Cake and founder of 1 other company.
- Pieter Schelfhout: Co-Founder & CTO of Cake.
View details of Cake's Founder profiles and Board Members
Cake's employee count trend
Cake has 36 employees as of Aug 26. Here is Cake's employee count trend over the years:
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Cake's Competitors and alternates
Top competitors of Cake include Rydoo, Roov and Horizonbudget. Here is the list of Top 10 competitors of Cake, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | AI & SaaS-driven expense management platform for businesses | - | 58/100 | ||
2nd | Personal financial management solution | $5.24M | 46/100 | ||
3rd | Personal finance management app | - | 27/100 | ||
4th | Horizonbudget 2019, Prague (Czech Republic), Unfunded | Cloud-based budget management platform | - | - | 24/100 |
5th | MyDollars 2017, Wellington (New Zealand), Unfunded | Personal finance management and planning tool | - | - | 24/100 |
6th | Cloud-based expense management platform | - | - | 24/100 | |
7th | Account-linked expense aggregation platform | - | 23/100 | ||
8th | Personal financial management software | - | - | 22/100 | |
9th | Personal financial management app | - | - | 21/100 | |
10th | Personal finance management platform | - | - | 21/100 |
Looking for more details on Cake's competitors? Click here to see the top ones
Cake's Investments and acquisitions
Cake has made no investments or acquisitions yet.
Reports related to Cake
Here is the latest report on Cake's sector:
News related to Cake
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Vietnamese Incumbents Tap Fintech Partnerships in Digital Banking PushFinTechnews•Sep 06, 2021•Cake, Mambu, BE Group, VP Bank
•
Mambu’s cloud banking platform to serve Cake, Vietnam’s newest digital bankFinextra•Sep 01, 2021•Mambu, Cake
•
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