Black Forest Bakery

Black Forest Bakery

[Closed for Investment] Black Forest Bakery is raising funds on Honeycomb. It is an organic and vegan micro-bakery in Los Angeles, California. Black Forest Bakery is known for its handcrafted bread loaves and artisanal pastries, which have become a staple in the community. The business has a loyal customer base and has been featured in prominent publications like LA Times, VegOut, and Discover LA. Djo Maurer founded Black Forest Bakery in November 2020. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $40,000. The campaign proceeds will be used to refinance debt.

Expand

Investment Overview

Raised this Round: Raised: $28,563

Deal Terms

Total Commitments ($USD)

Platform
Honeycomb
Start Date
09/09/2024
Close Date
10/11/2024
Min. Goal
$25,000
Max. Goal
$40,000
Min. Investment

$100

Security Type

Debt

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Interest Rate

14.50%

Term Length

3.0 years

Company & Team

Company

Year Founded
2020
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2B/B2C
Margin
Low
Capital Intensity
Low
Location
Los Angeles, California
Business Type
Life Style
Company Website
Visit Website

Team

Employees
3
Prior Founder Exits?
No
Founder Name
Djosefin Maurer
Title
Manager

Financials

as of Fiscal Year 2023
 Revenue +20% YoY
$186,780
 Monthly Burn
$1,770
 Runway
5.6 months
Gross Margin
92%

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$186,780

$155,644

COGS

$14,763

$14,080

Tax

$0

$0

 

 

Net Income

$-21,234

$-14,639

Summary Balance Sheet

FY 2023 FY 2022

Cash

$9,992

$16,334

Accounts Receivable

$0

$0

Total Assets

$13,746

$16,921

Short-Term Debt

$43,786

$16,653

Long-Term Debt

$0

$0

Total Liabilities

$43,786

$16,653

Create a free account today to gain access to Kingscrowd analytics and financials.

Upgrade to gain access

Pay Monthly
Annually (2 months free)

Edge

$12.50 /month
billed annually
Free portfolio tracking, data-driven ratings, AI analysis and reports
Plan Includes:
Everything in Free, plus
Company specific Kingscrowd ratings and analyst reports
Deal explorer and side-by-side comparison
Startup exit and failure tracking
Startup market filters and historical industry data
Advanced company search ( with ratings)
Get Edge Annual
Already a member? Log in here.

Ratings Kingscrowd Startup Rating Methodology Article

Blurred Ratings Bars Blurred Ratings Bars

Company Funding & Growth

Funding history

Total Prior Capital Raised
$0
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
10/11/2024 Honeycomb - $28,563 Debt Funded RegCF
Create a free account today to gain access to Kingscrowd analytics.
Founders: enhance your startup's credibility on Kingscrowd. Create an account to claim this raise page.
Add to portfolio
Black Forest Bakery on Honeycomb 2024
Platform: Honeycomb
Security Type: Debt

Follow company

Follow Black Forest Bakery on Honeycomb 2024

Buy Black Forest Bakery's Deal Report

Warning: according to the close date for this deal, Black Forest Bakery may no longer be accepting investments.

Black Forest Bakery Deal Report

Get Kingscrowd's comprehensive report on Black Forest Bakery including:

  • How our proprietary algorithm rates their current capital raise (1-5 stars)
  • Detailed price, market, team, differentiators, performance, and risk ratings
  • Whether Black Forest Bakery is undervalued or overvalued
  • Scores on the founding team and key personnel's background and expertise

Buy the Black Forest Bakery deal report for only $10!

Email address:
Looking to buy more than one deal report? Get unlimited reports by upgrading to Edge