- B2C
- Early StageStartup in initial stages
- Top InvestorsThis company has received a significant amount of investment from top investors
Carats & Cake careers
Founded in 2013, Carats & Cake has become the premier wedding network allowing couples to find vendors and venues in their locations of interest. Each month, Carats & Cake drives more than 20 million unique visitors to more 2,500 venues and 40,000 vendors across the United States. This group of venue partners represent more than $11 billion in annual event revenues. Carats & Cake is now using their reach to solve one of the biggest challenges in the events industry – venue financing.
When it comes to payments and invoicing, venues typically rely on manual processes and antiquated payment platforms. Very few venues offer any sort of financing for these events, which can often cost tens of thousands of dollars or more. With finite physical space for hosting events and limited days to maximize revenue, venues want to earn more money and earn it faster. Consumers are also demanding a better experience and the convenience of modern, digital solutions.
Through Carats & Cake’s financing solution, venues can charge more money and receive their money in advance while providing their consumers with a more flexible, modern way to pay. Combined with their marketing reach, Carats & Cake is the only company positioned to be a full-stack technology partner to venues and dominate the industry.
When it comes to payments and invoicing, venues typically rely on manual processes and antiquated payment platforms. Very few venues offer any sort of financing for these events, which can often cost tens of thousands of dollars or more. With finite physical space for hosting events and limited days to maximize revenue, venues want to earn more money and earn it faster. Consumers are also demanding a better experience and the convenience of modern, digital solutions.
Through Carats & Cake’s financing solution, venues can charge more money and receive their money in advance while providing their consumers with a more flexible, modern way to pay. Combined with their marketing reach, Carats & Cake is the only company positioned to be a full-stack technology partner to venues and dominate the industry.
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Jess Levin Conroy
Founder Carats & Cake • Worked at @Burch Creative Capital • Studied at @University of Pennsylvania, @Stern School of Business
Valuation
$0
Funded over
2 rounds
Latest round
Series A (Sep 2022)
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