Socicake

Socicake

socicake.com·Nigeria·Updated Aug 18, 2020

SaaS tool that helps users leverage Facebook to increase traffic, leads, and sales.

SaaSMarketingSocial Media

Est. Valuation

$702K

$702,000 · 5× ARR estimate

Monthly Revenue (MRR)

$11.7K

$11,700/mo

Annual Revenue (ARR)

$140.4K

$140,400/yr

Employees

8

Founded

2019

Socicake Revenue History

Revenue history for Socicake from 2020 to 2026.

YearMRRARRYoY GrowthSource
2020$11,700$0Aug 2020

How Socicake Makes Money

mixed

Socicake Funding

Socicake is fully bootstrapped with no outside funding. The company has grown to $140,400 ARR organically.

Socicake Founders

Ifiok Nkem

Founder

Socicake FAQ

How much does Socicake make?
Socicake generates $11,700 in monthly recurring revenue (MRR), which is $140,400 annualized (ARR). This revenue figure is self-reported by the founder.
What is Socicake's valuation?
Socicake's estimated valuation is $702,000, calculated as a 5× multiple of its annual recurring revenue (a standard SaaS benchmark for unverified companies).
Who founded Socicake?
Socicake was founded in 2019 by Ifiok Nkem (Founder). The company is based in NG.
Is Socicake bootstrapped?
Yes, Socicake is fully bootstrapped with no outside funding. The company has grown to $140,400 ARR organically as a solo-founder business.
What does Socicake do?
SaaS tool that helps users leverage Facebook to increase traffic, leads, and sales. Socicake operates in the SaaS, Marketing, Social Media space.

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How We Estimate Socicake's Revenue & Valuation

Profitable tracks revenue, valuation, and other key metrics for thousands of companies using a layered confidence model. Each revenue figure on this page is tagged with one of three confidence levels:

  • Verified — directly confirmed via Stripe integration or audited filings.
  • Self-reported — numbers publicly shared by the founder on X, blog posts, or interviews.
  • Estimated — derived from publicly available signals (traffic, employee count, pricing, comparables).

Valuation follows a hierarchy: public companies use the live market cap; private companies with disclosed funding rounds use the last reported valuation; otherwise we apply a conservative 5× ARR multiple as an estimate. Multiples vary by business model — SaaS typically sits 5–7×, profitable bootstrapped operations 3–5×, consumer brands 1–3×, marketplaces 8–12×.

These are estimates, not official figures. Official numbers — when available — will always override estimates.