Tech Company Financing Transactions
Cake Funding Round
Cake, based in Indianapolis, secured $1.3 million from Markd and private investors.
Transaction Overview
Company Name
Announced On
2/15/2024
Transaction Type
Venture Equity
Amount
$1,300,000
Round
Seed
Investors
Markd (Lead Investor)
Proceeds Purpose
The company intends to use the funds to further improve its platform, ramp up customer acquisition, and broaden essential services, such as in-platform lending and legal support.
Company Information
Company Status
Private & Independent
Industry
InsureTech
Mailing Address
6255 Carrollton Ave 30738
Indianapolis, IN 46230
USA
Indianapolis, IN 46230
USA
Phone
Website
Email Address
Overview
Cake is a new option for successful insurance agents. We are the premier marketplace for buying or selling insurance books of business. Our simple, efficient platform helps connect insurance agents looking to transact a book of business. We offer a range of options to suit your needs, from selling full books of business to account bundles, slices, and single policies.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Adam Bowe
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