Carats & Cake - About the company
Carats & Cake is a series A company based in New York City (United States), founded in 2013 by Jess Levin, Shane Parrish and Shane Parrish. It operates as a Provider of a platform for connecting couples with wedding professionals. Carats & Cake has raised $29.9M in funding from investors like Founders Fund, 1Sharpe and Acrew Capital. The company has 94 active competitors, including 8 funded and 4 that have exited. Its top competitors include companies like WeddingWire, Zola and The Knot.
Company Details
Provider of a platform for connecting couples with wedding professionals. It offers resources for planning weddings, finding venues, and building vendor teams. The platform allows couples to explore inspiration, save favorites, and connect with professionals. Vendors can create profiles, submit weddings, and showcase their work to potential clients.
- Website
- caratsandcake.com
- Email ID
- *****@caratsandcake.com
Key Metrics
Founded Year
2013
Location
New York City, United States
Stage
Series A
Total Funding
$29.9M in 3 rounds
Latest Funding Round
Investors
Ranked
5th among 94 active competitors
Employee Count
6 as on Jul 31, 2026
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Carats & Cake's funding and investors
Carats & Cake has raised a total funding of $29.9M over 3 rounds. Its first funding round was on Dec 21, 2021. Its latest funding round was a Series A round on Sep 22, 2022 for $*****. 8 investors participated in its latest round. Carats & Cake has 14 institutional investors and 4 angel investors.
Here is the list of recent funding rounds of Carats & Cake:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Sep 22, 2022 | 4681913 | Series A | 2131665 | 3273991 | 5046129 | 7325105 |
Sep 22, 2022 | 5515221 | Conventional Debt | 5105188 | 6432110 | 4296959 | 9318047 |
Dec 21, 2021 | 2037182 | Seed | 5115298 | 3229530 |
View details of Carats & Cake's funding rounds and investors
Carats & Cake's founders and board of directors
Founder? Claim ProfileHere are the details of Carats & Cake's key team members:
- Jess Levin: Former Co-Founder of Carats & Cake and founder of 1 other company. They are also an angel investor in 1 startup.
- Shane Parrish: Co-Founder of Carats & Cake. Contact Info: 1 email address
- Shane Parrish: Co-Founder of Carats & Cake. Contact Info: 1 email address
View details of Carats & Cake's Founder profiles and Board Members
Carats & Cake's employee count trend
Carats & Cake has 6 employees as of Jul 26. Here is Carats & Cake's employee count trend over the years:
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Carats & Cake's Competitors and alternates
Top competitors of Carats & Cake include WeddingWire, Zola and The Knot. Here is the list of Top 10 competitors of Carats & Cake, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | WeddingWire 2007, Chevy Chase (United States), Series C | Mobile-based wedding planning service providers | $381M | 66/100 | |
2nd | Zola 2013, New York City (United States), Series D | Online wedding registry and gifts marketplace | $141M | 58/100 | |
3rd | The Knot 1996, New York City (United States), Public | Wedding planning website offering tools, vendors, inspiration, and community | - | 58/100 | |
4th | Borrowed & Blue 2011, Charlottesville (United States), Acquired | Online marketplace for wedding vendors | $10.1M | 53/100 | |
5th | Carats & Cake 2013, New York City (United States), Series A | Provider of a platform for connecting couples with wedding professionals | $29.9M | 47/100 | |
6th | Mariages 2011, Chevy Chase (United States), Unfunded | Online wedding planning suite | - | - | 46/100 |
7th | Loverly 2012, New York City (United States), Series A | Online platform offering suite of multi-category wedding vendor planning and management solutions | $6.47M | 44/100 | |
8th | Destify 2008, Chicago (United States), Unfunded | Wedding planning services provider | - | - | 41/100 |
9th | Wedding Spot 2013, San Francisco (United States), Acquired | Find your perfect wedding venue, compare pricing, and plan your dream wedding | $3.22M | 39/100 | |
10th | Wedding Book 1996, Seoul (South Korea), Funding Raised | Wedding vendor listings and search platform | - | 37/100 |
Looking for more details on Carats & Cake's competitors? Click here to see the top ones
Carats & Cake's Investments and acquisitions
Carats & Cake has made no investments or acquisitions yet.
Reports related to Carats & Cake
Here is the latest report on Carats & Cake's sector:
News related to Carats & Cake
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Carats & Cake Launches Dashboard for Sales and Finance Teams Across the Hospitality IndustryBusiness Wire•Nov 17, 2022•Carats & Cake
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Carats & Cake’s Financial Operating System Implemented at Five Loews Hotels & Co PropertiesBusiness Wire•Nov 09, 2022•Carats & Cake, Loews Hotels
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U.S.A-based Carats and Cake raises USD 10.6 million in Series AVcbay News•Sep 24, 2022•Carats & Cake, Sharpe Ventures, Founders Fund, Acrew Capital and 3 others
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Carats & Cake Announces Series A, Total Financing Reaches $29.9 MillionBusiness Wire•Sep 22, 2022•Carats & Cake, Sharpe Ventures, Founders Fund, Acrew Capital and 5 others
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Carats & Cake Raises $19.3 Million to Transform How Venues Do BusinessBusiness Wire•Dec 21, 2021•Carats & Cake, Acrew Capital, Founders Fund
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