Cake Ventures
Solo GP fund led by Monique Woodard investing in seed-stage demographic change-driven startups.
Cake Ventures punches above their weight class thanks to Cyan's incredible angel track record and Julian's operational chops. They're genuinely helpful post-investment and have strong founder networks, but they're also extremely selective and can ghost quickly if they're not feeling it. Julian sometimes oversteps on product decisions, which can rub technical founders the wrong way. Their portfolio construction is solid but they're still proving themselves as an institutional fund rather than just successful individual investors.
- —Best for: Technical B2B founders who want hands-on operational help
- —Watch out for: Julian's tendency to micromanage product decisions
- —Known for: Cyan's legendary angel network and pattern recognition
Cake Ventures focuses on early-stage B2B SaaS and fintech companies, particularly those building infrastructure and tooling for developers and businesses. They emphasize backing technical founders solving real problems with strong product-market fit signals.
Seed to Series A stage, primarily B2B SaaS, fintech, and developer tools. Portfolio skews heavily toward enterprise software with some consumer fintech mixed in. Check sizes typically $500K-$2M.
Former product manager at Uber and Facebook. Known for his operational experience and hands-on approach with portfolio companies. Founders appreciate his practical product insights but some find him overly involved in day-to-day decisions.
Early angel investor with notable wins including Uber, SpaceX, and Postmates. Transitioned from successful angel investing to institutional VC. Highly respected for her founder network and pattern recognition, though can be selective about engagement.
Have a specific question about Cake Ventures?
Ask Bernie →