Carats & Cake

Carats & Cake

An events management company that provides financial operating system for the events and property groups.

HQ location
New York City, United States
Launch date
Employees
Enterprise value
$42—64m
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DateInvestorsAmountRound
-investor investor

€0.0

round
N/A

€0.0

round
investor investor investor investor investor investor investor investor investor investor investor

€0.0

round
investor investor investor investor investor investor investor investor

€0.0

round
*
N/A

$10.0m

Debt
Total Funding000k

Financials

Estimates*

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Revenues, earnings & profits over time
USD20212023
Revenues00000000
EBITDA00000000
Profit00000000
EV00000000
EV / revenue00.0x00.0x
EV / EBITDA00.0x00.0x
R&D budget00000000

Source: Dealroom estimates

Notes (0)
More about Carats & Cake
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Carats & Cake provides a revenue optimization platform for the events industry, with a focus on wedding-focused businesses. The company primarily serves venues and property groups within the hospitality sector.

Its platform offers a suite of marketing, sales, and customer conversion tools, including contracting and financing solutions. This integrated system is designed to help businesses in the $100 billion annual events market to increase their revenue and improve efficiency. The business model appears to be centered around providing this software as a service, potentially with additional revenue from its point-of-sale financing solutions.

In addition to its B2B offerings, Carats & Cake operates a discovery platform where couples can plan their weddings, find vendors, and share their experiences. This creates a valuable network effect, connecting engaged couples with the company's business clients.

Keywords: revenue optimization, events industry, wedding venues, property groups, hospitality, marketing tools, sales tools, customer conversion, financing solutions, discovery platform

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