Founded in Estonia in 2018 by Hedi Mardisoo and Kalle Palling, Cachet is a financial services marketplace for gig workers. The company has recently raised a €1.1M seed round led by Icebreaker.vc and includes previous pre-seed stage investors like Techstars (in a follow-on investment), Barclays, and Lemonade Stand as well as angel investors like Chris Adelsbach, Kartik Varma, Martin Cass, and Richard Howard.
The Tallinn-based company intends to use the funding to expand its offering from ride-hailing platforms to urban mobility and vacation rental marketplaces and launch in new markets like Poland, the Nordics, and the UK.