Bakeshack
About this raise
Bakeshack is raising funds on MainVest. The business bakes and sells artisanal breads and pastries at a number of farmers’ markets. Bakeshack’s history goes a long way back when the company partnered with like-minded bakers in Los Angeles and lobbied the City Council to pass a Cottage Food bill in California in 2012. The business has a loyal customer base and plans to open its first physical location soon. Marlon Gokim founded Bakeshack in February 2012. The current crowdfunding campaign has a minimum target of $30,000 and a maximum target of $60,000. The campaign proceeds will be used to open its brick-and-mortar location.
Investment Overview
Invested : $60,000
Deal Terms
Total Commitments
- Platform
- MainVest
- Start Date
- 09/17/2023
- Close Date
- 10/25/2023
$30,000
$60,000
$100
Revenue Share
Quarterly
RegCF
1.50X
3.00%
Company & Team
Company
- Year Founded
- 2012
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Distribution Model
- B2C
- Margin
- Low
- Capital Intensity
- Low
Financials
- Revenue +2% YoY
-
$98,221
as of FY2022
- Monthly Burn
-
$3,429
as of FY2022
-
Runway
-
3 months
as of FY2022
- Gross Margin
-
63%
as of FY2022
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $0
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 10/25/2023 | MainVest | - | $60,000 | Revenue Share | Funded | RegCF |