Cake, Los Angeles, CA-based sexual wellness brand, raised $4m in seed funding.
The round was led by Lerer Hippeau with participation from Sugar Capital, Brand Foundry Ventures, Selva Ventures, Silas Capital, Gabby Slome (Co-Founder of Ollie), Brian Bordainick (Co-Founder of Starface) and Kate Wallman (Angel investor).
The company intends to use the funds for new product development, scale and expansion of its distribution channels.
Led by Co-Founder & CEO Hunter Morris and Mitch Orkis, Co-Founder & CMO, Cake is sexual wellness brand offering a line of specialty lubricants, toys and sexual hygiene products designed for specific types of sexual enjoyment.
Its current line of products are available at hellocake.com.