Evanly Bakes
About this raise
Evanly Bakes is raising funds on Honeycomb. It is a bakery in Pittsburgh, Pennsylvania, that specializes in gourmet brownies, blondies, cake jars, and custom cakes. Evanly Bakes sells its products at various markets, food events, and festivals and also ships them nationwide. The business makes innovative products using high-quality ingredients and also caters to people with food allergies. Evan Morgan-Newpher founded Evanly Bakes in January 2023. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $50,000. The campaign proceeds will be used to purchase a commercial oven, a reach-in freezer, a reach-in refrigerator, a commercial delivery vehicle, work tables, storage bins, a mobile cooking rack, a sink, and commercial mixers.
Investment Overview
Invested $48,240 :
Deal Terms
Company & Team
Company
- Year Founded
- 2023
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Distribution Model
- B2C
- Margin
- Low
- Capital Intensity
- Low
Financials
-
Revenue
- $15,476
- Monthly Burn
- Profitable
- Cash on Hand
- $259
- Gross Margin
- 90%
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Funding history
- Total Prior Capital Raised
- $0
- VC Backed?
- No
Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
---|---|---|---|---|---|---|
09/29/2024 | Honeycomb | - | $48,240 | Debt | Funded | RegCF |