BestCake Overview

  • Year Founded
  • 2011

Year Founded

  • Status
  • Private

  • Employees
  • 601

Employees

  • Latest Deal Type
  • Later Stage VC

  • Latest Deal Amount
  • $5.32M

  • Investors
  • 6

BestCake General Information

Description

Operator of bakery intended to produce baked cakes and desserts. The company's website offers online ordering and delivery services for a range of baked products with different modes of payment including online payment and cash on delivery, enabling customers and cake lovers to order baked cake products for personal consumption and for gifting purposes.

Contact Information

Website
www.bestcake.com
Formerly Known As
Shanghai Shoule Catering Management Co., Ltd., Shanghai Shoule Digital Technology Co., Ltd.
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • Room 322, Building 7
  • No. 328 Jiayu Road, Jiading District
  • Shanghai
  • China
+86 400
Primary Industry
Food Products
Vertical(s)
FoodTech, TMT
Corporate Office
  • Room 322, Building 7
  • No. 328 Jiayu Road, Jiading District
  • Shanghai
  • China
+86 400

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BestCake Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
7. Later Stage VC 10-May-2017 $5.32M Completed Profitable
6. Later Stage VC 05-Aug-2016 Completed Generating Revenue
5. IPO 11-Jan-2016 Completed Generating Revenue
4. Early Stage VC 27-Nov-2014 Completed Generating Revenue
3. Secondary Transaction - Private 29-Sep-2014 Completed Generating Revenue
2. Early Stage VC 16-Sep-2014 $244K $342K Completed Generating Revenue
1. Early Stage VC 18-Oct-2013 $98.1K $98.1K Completed Startup
To view BestCake’s complete valuation and funding history, request access »

BestCake Cap Table

Stock # of Shares
Authorized		 Par Value Dividend Rate (%) Original
Issue Price		 Liquidation Liquidation
Pref. Multiple		 Conversion Price % Owned
Ordinary
Ordinary
Ordinary
Ordinary 1,597,712 $0.14 $0.14 1x $0.14 4.37%
Ordinary 1,278,174 $0.07 $0.07 1x $0.07 3.49%
To view BestCake’s complete cap table history, request access »

BestCake Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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BestCake Investors (6)

Investor Name Investor Type Holding Investor Since Participating Rounds
Everbright Capital Investment Corporate Venture Capital Minority
Tianxing Capital Venture Capital Minority
Tongan Investment Hedge Fund Minority
SAIF Partners Growth/Expansion Minority
Spinel Capital (Shanghai) Venture Capital Minority
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BestCake FAQs

  • When was BestCake founded?

    BestCake was founded in 2011.

  • Where is BestCake headquartered?

    BestCake is headquartered in Shanghai, China.

  • What is the size of BestCake?

    BestCake has 601 total employees.

  • What industry is BestCake in?

    BestCake’s primary industry is Food Products.

  • Is BestCake a private or public company?

    BestCake is a Private company.

  • What is the current valuation of BestCake?

    The current valuation of BestCake is .

  • What is BestCake’s current revenue?

    The current revenue for BestCake is .

  • How much funding has BestCake raised over time?

    BestCake has raised $14.6M.

  • Who are BestCake’s investors?

    Everbright Capital Investment, Tianxing Capital, Tongan Investment, SAIF Partners, and Spinel Capital (Shanghai) are 5 of 6 investors who have invested in BestCake.

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