Bread is Good
About this raise
Bread is Good is raising funds on Honeycomb. The company provides a weekly bread subscription service to certain areas in Atlanta, Georgia. The business offers a menu of wholesale offerings to markets and restaurants and also conducts pop-up pastry and bread events in and around the city. The bread of Bread is Good is made using high-quality ingredients and fewer preservatives and supports local businesses. Sarah Dodge founded Bread is Good in February 2020. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $100,000. The campaign proceeds will be used for kitchen equipment, rent, building update, smallware, furniture, employee wages, and working capital.
Investment Overview
Invested : $100,000
Deal Terms
Total Commitments
- Platform
- Honeycomb
- Start Date
- 06/30/2022
- Close Date
- 08/15/2022
$50,000
$100,000
$100
Debt
Monthly
RegCF
10.50%
5.0 years
Company & Team
Company
- Year Founded
- 2020
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Distribution Model
- B2C
- Margin
- High
- Capital Intensity
- High
Financials
-
Revenue
- $54,137
- Monthly Burn
- Profitable
-
Cash on Hand
- $3,025
- Gross Margin
- 69%
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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 |
|---|---|---|---|---|---|---|
| 08/15/2022 | Honeycomb | - | $100,000 | Debt | Funded | RegCF |