Caplight Logo









Hotplate

Hotplate

Private
San Francisco, CaliforniaEnterprise Softwarehttps://www.hotplate.com

Last Round

Seed

Feb 4, 2022

Total Funding Raised

$2.98M

Momentum Score

25 /100

Company Overview

Hotplate is an online ordering platform designed to help independent chefs, bakers, and food entrepreneurs start, manage, and grow their businesses. The platform provides tools to create a storefront, manage food sales, handle orders, prevent overselling, and coordinate local pickups. It aims to simplify the process of selling food online, making the industry more accessible to individuals without the high overhead costs of a traditional brick-and-mortar business. The company, which participated in Y Combinator's Summer 2020 batch, operates on a software-as-a-service model, charging a small fee on customer orders to cover its operating costs.

Sector

Enterprise Software

Verticals

Vertical SaaS, E-commerce, Creator Economy, Retail Technology

Business Model

B2B2C

Customer Profile

Payment Processing Fee, Freemium

AI Layer

Non-AI

Keywords

online ordering platformpre-order managementfood business softwarefood dropsghost kitchen softwarecloud kitchen softwareonline storefrontcottage food business softwarefood creator toolsorder managementpop-up softwareautomated prep listsSMS marketinginventory managementtransactional pricing

Historical Pricing

Historical view of private secondary pricing and transaction trends.

Unlock Pricing Charts

Sign up to view complete historical pricing and secondary transactions.

Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

View Momentum History

Track how buyer interest and sentiment changes over time.

Hotplate Comps

Public and private peers based on sector, stage, and business model.

CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

View Full Comps Set

Access detailed peer comparisons, multiples, and valuation benchmarks.

Hotplate Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
SeedFeb 4, 2022
SeedAug 24, 2020

Key People

Founding team and executive leadership

Ben Klenk

Co-Founder CEO

Founding Team

Hotplate Investors

Notable investors and investment history

InvestorRounds
Roach CapitalSeed
Wave CapitalSeed
Y CombinatorSeed

Hotplate Filings

SEC and related filings with document metadata.

TypedDateAmount OfferedAmount SoldFillingPagesDownload
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation

Hotplate Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about Hotplate's valuation, stock price, and market status.

Firmographic Details

HeadquartersSan Francisco, California
Employee Range29
Year Founded2020
Last FundingFeb 4, 2022

Institutional Data Access

Join leading institutional investors using Caplight to access private market data, discover pricing, and execute secondary block trades.

Requires verified institutional or accredited status.







Disclaimer All investments involve risk, including the risk of loss of principal. You should carefully consider your investment objectives, risks, transaction costs and other expenses before deciding to invest in options, swaps or other investments.This does not constitute an offer by Caplight Technologies, Inc. to sell, or a solicitation of an offer to buy, any securities and may not be used or relied upon in connection with any offer or sale of securities. An offer or solicitation can be made only through the delivery of final offering document(s) and purchase agreement(s), and will be subject to the terms and conditions and risks delivered in such documents. Any securities offered are offered through Caplight Markets LLC, member FINRA/SIPC.