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Hello Cake

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Hello Cake - A Wellness Brand for the Sexually Active

Los Angeles, United StatesFounded 2018Wellness Beauty
Valuation $100–250M Last recorded · 2024
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Hello Cake and the history behind them.

About Hello Cake

Hello Cake operates as a sexual health and wellness company, positioning itself to destigmatize and simplify the purchase of intimacy products. Founded in 2018 by Hunter Morris (CEO) and Mitch Orkis (CMO), the company was born from their observation of an unaddressed gap in the market between impersonal big-box retailers and intimidating specialty sex shops. Morris, a repeat founder, brings operational and product expertise, while Orkis has a background in digital marketing, creating a complementary leadership team. The founding journey began when the two, after working together on a separate project, identified the need for a brand that could guide consumers in exploring their sexuality with approachable and easy-to-understand products.

The company's business model is a hybrid, combining a strong direct-to-consumer (DTC) channel through its website with a significant and growing retail presence. This omnichannel strategy allows Hello Cake to reach a wide demographic. Its products are available nationwide in major retailers like Target, Walmart, CVS, and Walgreens. Revenue is generated through the sale of a diverse product portfolio that includes lubricants, sexual devices, supplements, and hygiene products. A key strategic expansion has been the introduction of a telehealth service, which offers prescription medications for conditions like erectile dysfunction and low libido for women, sold exclusively through their website. This DTC-only approach for prescriptions drives significant e-commerce revenue, while lubricants are top sellers on Amazon, and toys are growth drivers in physical retail.

Hello Cake's product line is designed for specific types of play, featuring items made from high-quality, body-safe ingredients, free from dyes, parabens, and sulfates. The brand emphasizes education and inclusivity, aiming to help people have more fun and healthier sex. A major milestone occurred in October 2024, when the company secured $18 million in Series B funding, bringing its total to over $36 million. Concurrently, Hello Cake acquired Trigg Laboratories, the parent company of the established lubricant brand Wet. This acquisition is a strategic move toward vertical integration, providing Hello Cake with its own manufacturing and distribution facilities, which is expected to enhance profitability and accelerate product innovation.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2018
Headquarters
Los Angeles, United States
Employees
23
Open positions
None listed
Dealroom signal
56.2/100
Industry
Wellness Beauty
Sector
Wellness Beauty
Client focus
b2c
Investment activity
1 company, latest Oct 2024
Capital deployed
—
Preferred round
ACQUISITION

Funding history

6 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES B✓Equity / VC Oct 2024 $18M $72M Strand Equity Partners · AF Ventures · Silas Capital ↗
SERIES A✓Equity / VC Sep 2022 $8M $32M Selva Ventures · Finn Capital Partners · Silas Capital · Lerer Hippeau ↗
Showing the latest 2 of 6 recorded eventsBook a demo for the full funding history →

Growth signals

Hello Cake website traffic

Latest recorded traffic for Hello Cake is 150K monthly website visits, down 16.7% over the last three months. Hello Cake's team declined 39.5% over the past year.

Latest monthly visits150K 3-month web change-16.7% 1-year team growth-39.5%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

14 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed11 investors entered at this stage

  • Brand Foundry Ventures
  • Brian Spaly
  • Finn Capital Partners
  • Roth Martin
  • Lerer Hippeau
  • Silas Capital
  • Kate Wallman
  • Gabby Slome
  • Selva Ventures
  • Sugar Capital
  • Brian Bordainick

Series A3 investors entered at this stage

  • Bullish
  • Strand Equity Partners
  • AF Ventures
Team profiled 6 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 3 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
1 countries with
team presence
🇺🇸 United States100%
1 country shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Hello Cake on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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