Cake Raises $13 Million in Seed Round
Cake, a New York-based managed open-source AI infrastructure platform, has raised $13 million in seed funding.
The round was led by Gradient, Google's early-stage AI fund, with participation from Primary Venture Partners and others.
Founded in 2017, Gradient Ventures is a seed fund based in San Francisco, California, focused on supporting founders in AI. The fund has been investing at the forefront of artificial intelligence since its inception.
The funds will help Cake bring cutting-edge AI technologies to mid-market companies.
Cake provides a comprehensive and flexible AI infrastructure platform designed to solve complex problems quickly. Launched in 2023 and based in New York City, Cake offers a curated selection of pre-integrated and fully managed open-source AI components that allow businesses of all sizes to deploy AI into production far faster and more easily than ever before. Cake supports customers in actively replacing existing workflows with cutting-edge AI models.
Funding Details
Company: Cake AI Technologies, Inc.
Raised: $13.0M
Round: Seed Round
Funding Date: December 2024
Lead Investor: Gradient
Additional Investors: Primary Venture Partners
Company Website: https://www.cake.ai/
Software Category: AI Infrastructure