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Cadeo

Direct Message
June 14, 2024
Data is self reported
Cadeo is developing an end-to-end digital gifting platform that enables businesses to send gifts from impact-driven brands to employees, partners, or clients. With just a few clicks, you can send anywhere from 1 to 1,000 gifts, giving recipients the flexibility to choose the gift they want. Additionally, you don’t need to worry about collecting addresses, as recipients provide this information themselves upon acceptance.

Achievement

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Founded in

2023

Country

Netherlands

Industry

Ecommerce, Marketplace, HR

Patent information

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Team

Number of founders

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Number of employees

Founder backgrounds

Exit experience

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Relevant industry experience

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Previous startup experience

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EUR / Erasmus MC or TUDelft relation

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Graduation year from EUR, Erasmus MC or TUDelft

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In the news

Investment details

Amount raising

500000

Ownership founders

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Lead investor

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Current investors

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Intended closing date

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Fundraising status

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Already committed

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Revenue Metrics

Paying customers

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Monthly active users

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Cadeo

Direct Message
June 14, 2024
Data is self reported
Cadeo is developing an end-to-end digital gifting platform that enables businesses to send gifts from impact-driven brands to employees, partners, or clients. With just a few clicks, you can send anywhere from 1 to 1,000 gifts, giving recipients the flexibility to choose the gift they want. Additionally, you don’t need to worry about collecting addresses, as recipients provide this information themselves upon acceptance.

Achievement

With Cadeo, our mission is to reduce gifting waste in the corporate gift market and to prevent 1 million gifts from ending up in landfills by 2030. Over the past 9 months, we've build the Cadeo platform from the ground up. We successfully launched our V1 product in April 2024, and within the first 8 weeks, we've onboarded 12 companies and facilitated 500+ gifts. On average, 43% of the recipients opt to swap their gift for something else, 95% leave a 'thank you note' for the sender, closing the feedback loop. We’re currently onboarding new gift vendors on our platform on a weekly basis with 250 products from 50 (impact-driven) brands now available. With more than 7 tested use cases and numerous returning customers, we've successfully validated our MVP and proven its concept. Now, we're expanding in the designated areas of product-market fit to further grow our business. We continuously enhance the platform, releasing technical product updates every two weeks. Additionally, we plan to introduce monthly SaaS subscriptions for business users later this year. Our team comprises diverse talents, from a skilled CTO to experienced team members in frontend development, operations, and marketing. Furthermore, we've secured our first clients for end-of-year Christmas gifting, with the expectation to transition them into recurring users in 2025. Trustpilot score of 4.7/5: https://nl.trustpilot.com/review/www.cadeo.nl

Founded in

2023

Country

Netherlands

Province

Noord-Holland

Industry

Ecommerce, Marketplace, HR

SDGs

Responsible consumption and production (SDG #12)

Patent information

Team

Number of founders

3

Number of employees

Founder backgrounds

Exit experience

No

Relevant industry experience

Yes

Previous startup experience

Yes

Female founder

Yes

EUR / Erasmus MC or TUDelft relation

Graduation year from EUR, Erasmus MC or TUDelft

In the news

Investment details

Amount raising

500000

Ownership founders

100% owned by founders

Lead investor

Yes

Current investors

Debt financing, €300,000

Intended closing date

Q3

Fundraising status

Actively fundraising (brand name visible)

Already committed

€150000

Revenue Metrics

Monthly revenue

€1K - €5K

Monthly growth

>16%

Paying customers

12

Monthly active users

500
Cadeo is developing an end-to-end digital gifting platform that enables businesses to send gifts from impact-driven brands to employees, partners, or clients. With just a few clicks, you can send anywhere from 1 to 1,000 gifts, giving recipients the flexibility to choose the gift they want. Additionally, you don’t need to worry about collecting addresses, as recipients provide this information themselves upon acceptance.
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Premium Details Available

(Data is self reported)

FINANCIAL PERFORMANCE

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INVESTMENTS

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TEAM

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Is there a founder with previous Sector Experience?
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Is there a founder with previous Exit Experience?
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Is there a women founder with at least 5% of the shares?
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Is there a founder with a EUR / Erasmus MC or TUDelft relation?
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OTHER

Year founded
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Premium Details

(Data is self reported)

FINANCIAL PERFORMANCE

Monthly Revenue
€1K - €5K
Growth rate month over month
>16%
Monthly revenue context
Number of paying customers
12
Monthly active users
500

INVESTMENTS

Do you have a lead investor?
Yes
How much have you raised in the past?
Debt financing, €300,000
How much of this round already committed?
€150000
When are you aiming to close this round?
Q3

TEAM

How much time do the founders spend on the business?
Is there a founder with previous co-founder / c-level at startup experience?
Yes
Is there a founder with previous Sector Experience?
Yes
Is there a founder with previous Exit Experience?
No
What percentage of company is owned by founders?
100% owned by founders
Is there a women founder with at least 5% of the shares?
Yes
Is there a founder with a EUR / Erasmus MC or TUDelft relation?
None of these
Graduation year from EUR, Erasmus MC or TUDelft

OTHER

Year founded
2023
Patent status

Basic details

Amount raising
500000
Country
Netherlands
Industry
Ecommerce, Marketplace, HR
Founders
linkedin profile of founderlinkedin profile of founderlinkedin profile of founder
Last updated:
June 14, 2024

Key Achievements

  • With Cadeo, our mission is to reduce gifting waste in the corporate gift market and to prevent 1 million gifts from ending up in landfills by 2030. Over the past 9 months, we've build the Cadeo platform from the ground up. We successfully launched our V1 product in April 2024, and within the first 8 weeks, we've onboarded 12 companies and facilitated 500+ gifts. On average, 43% of the recipients opt to swap their gift for something else, 95% leave a 'thank you note' for the sender, closing the feedback loop. We’re currently onboarding new gift vendors on our platform on a weekly basis with 250 products from 50 (impact-driven) brands now available. With more than 7 tested use cases and numerous returning customers, we've successfully validated our MVP and proven its concept. Now, we're expanding in the designated areas of product-market fit to further grow our business. We continuously enhance the platform, releasing technical product updates every two weeks. Additionally, we plan to introduce monthly SaaS subscriptions for business users later this year. Our team comprises diverse talents, from a skilled CTO to experienced team members in frontend development, operations, and marketing. Furthermore, we've secured our first clients for end-of-year Christmas gifting, with the expectation to transition them into recurring users in 2025. Trustpilot score of 4.7/5: https://nl.trustpilot.com/review/www.cadeo.nl

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