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CAKE POS
by Mad Mobile
by Mad Mobile
Profile Information Last updated on: 17 July 2024
Profile Information Last updated on: 17 July 2024
We help make selecting a software for your business effortless, economical and efficient.
by Mad Mobile
by Mad Mobile
Profile Information Last updated on: 17 July 2024
Profile Information Last updated on: 17 July 2024
CAKE POS is a comprehensive point-of-sale (POS) system designed specifically for the restaurant industry. It offers an integrated solution that combines hardware and software to streamline front and back-of-house operations. The platform is known for its ease of use, robust feature set, and ability to enhance the efficiency and profitability of restaurants. CAKE POS is part of Mad Mobile, a company that specializes in mobile and digital experiences for global restaurants and retailers.
CAKE POS originated from a startup called Leapset, which was founded in 2007 by Monvia in Silicon Valley and Latitude655 in Sri Lanka. The company was later rebranded as Cake Labs and eventually acquired by Sysco Corporation in 2012, becoming a subsidiary known as Sysco Labs. In 2020, Mad Mobile acquired CAKE POS from Sysco, aiming to enhance its mobile-first POS solutions for restaurants.
In 2020, Mad Mobile closed a $50 million financing deal with tech-focused investors to support the acquisition and further development of CAKE POS. While specific valuation details have not been disclosed, this significant investment underscores the confidence in CAKE POS's potential to innovate and grow within the restaurant technology sector.
CAKE POS offers a wide range of features designed to optimize restaurant operations:
The acquisition by Mad Mobile has allowed CAKE POS to expand its capabilities and integrate more mobile and contactless solutions. This includes new modules for mobile ordering, contactless payment, and curbside pickup, which have become increasingly important due to the COVID-19 pandemic
Recent updates to CAKE POS have focused on enhancing the user experience and operational efficiency:
Mad Mobile, the parent company of CAKE POS, emphasizes innovation, efficiency, and customer-centric solutions. The company aims to simplify hospitality operations through reliable technology, fostering a supportive work environment where employees can reach their full potential. Mad Mobile values collaboration, continuous improvement, and a commitment to delivering superior service to its clients.
CAKE POS serves over 5,000 restaurant locations, ranging from small independent eateries to larger chains. The platform is well-regarded for its user-friendly interface and comprehensive support, making it a popular choice among restaurant owners and operators. The community of CAKE POS users benefits from continuous updates, responsive customer service, and a robust set of features that cater to various types of dining establishments.
By Mad Mobile