Round Type
Series A
New YorkInformation TechnologySoftwareMedia And EntertainmentData And AnalyticsEventsDescription
Carats & Cake, the financial operating system for the events industry, today announced its $10.6 million Series A fundraising. Led by 1Sharpe Ventures, with additional participation from Founders Fund, Acrew Capital, Moore Specialty Credit, Correlation Ventures, GMO VenturePartners, Argosy Capital, and SilverCircle this latest capital enables Carats & Cake to expand across product, engineering, and sales as it brings to market the end-to-end revenue optimization software needed by venues and property management firms. Today’s announcement brings the company’s total equity raised to $19.9 million with an additional debt facility of $10 million. Gregor Watson, co-founder of 1Sharpe Ventures will also be joining Carats & Cake’s board of directors.
Quick answer
Carats & Cake raised an undisclosed amount in a Series A round, dated September 22, 2022. Carats & Cake is based in New York, New York, United States.
- How much did Carats & Cake raise?
- Carats & Cake raised an undisclosed amount in a Series A round on September 22, 2022.
- What does Carats & Cake do?
- Launched in 2013, Carats & Cake is the first integrated marketing and sales solution for venues and property groups.
- Where is Carats & Cake based and how big is it?
- Carats & Cake is based in New York, New York, United States.
Source: Fundz verified event record.
Who else raised in Media And Entertainment and Data And Analytics around the same time
Companies in the same sectors as Carats & Cake that raised within 45 days of this round, from Fundz verified event records.
- Kumo AI raised $18M (Series B) on September 27, 2022.
- B2Digital, Inc. raised $135K (Seed) on September 23, 2022.
- Bright raised $1.1M (Seed) on September 14, 2022.
- oVice raised $32M (Series B) on August 31, 2022.
- B2Digital, Inc. raised $58K (Seed) on August 11, 2022.
- GreenScreens AI, Inc. raised $5M (Seed) on November 4, 2022.
Who to call at Carats & Cake, and when
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- An alert the day Carats & Cake raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Carats & Cake, from your own LinkedIn network
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Funding Insights
What this usually meansCarats & Cake raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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