We present the photometric and spectroscopic evolution of supernova (SN) 2019cad during the first ∼ 100 days from explosion. Based on the light curve morphology, we find that SN 2019cad resembles the double-peaked type Ib/c SN 2005bf and the type Ic PTF11mnb. Unlike those two objects, SN 2019cad also shows the initial peak in the redder bands. Inspection of the 𝑔−band light curve indicates the initial peak is reached in ∼8 days, while the 𝑟 band peak occurred ∼15 days post-explosion. A second and more prominent peak is reached in all bands at ∼45 days past explosion, followed by a fast decline from ∼60 days. During the first 30 days, the spectra of SN 2019cad show the typical features of a type Ic SN, however, after 40 days, a blue continuum with prominent lines of Si 𝜆6355 and C 𝜆6580 is observed again. Comparing the bolometric light curve to hydrodynamical models, we find that SN 2019cad is consistent with a pre-SN mass of 11 M , and an explosion energy of 3.5×10 51 erg. The light curve morphology can be reproduced either by a double-peaked 56 Ni distribution with an external component of 0.041 M , and an internal component of 0.3 M or a double-peaked 56 Ni distribution plus magnetar model (𝑃 ∼11 ms and 𝐵 ∼26×10 14 G). If SN 2019cad were to suffer from significant host reddening (which cannot be ruled out), the 56 Ni model would require extreme values, while the magnetar model would still be feasible.