IZOLA Bakery

IZOLA Bakery

Growth Stage

Bakery

Overview

Raised this Round: Raised: $155,968

Total Commitments ($USD)

Platform

Microventures

Start Date

06/25/2024

Close Date

04/28/2025

Min. Goal
$25,000
Max. Goal
$4,460,700
Min. Investment

$1,000

Security Type

Equity - Common

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$2.00

Pre-Money Valuation

$25,970,000

Year Founded

2004

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Location

San Diego, California

IZOLA Bakery, with a valuation of $25.97 million, is raising funds on MicroVentures. It is a top bakery in San Diego that makes croissants and warm sourdough. IZOLA Bakery is reinventing the American bakery with its superior products, elevated hospitality, and warm hot-from-the-oven offerings. The products are made using high-quality ingredients and served hot all day. The business has generated over $1.6 million in revenue in 2023, up 130% since its launch in 2020, and has received 1,000 5-star reviews on Yelp. Jeffrey Lamont Brown and Jenifer Chen founded IZOLA Bakery in November 2004. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $4.5 million. The campaign proceeds will be used for sales, debt services, capital reserves, and technology improvements.

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$1,647,324

$1,093,519

COGS

$891,308

$753,837

Tax

$0

$0

 

 

Net Income

$-309,560

$-248,031

Summary Balance Sheet

FY 2023 FY 2022

Cash

$604,726

$348,900

Accounts Receivable

$98,497

$0

Total Assets

$2,769,655

$2,300,830

Short-Term Debt

$256,880

$245,677

Long-Term Debt

$1,961,221

$2,021,353

Total Liabilities

$2,218,101

$2,267,030

Financials as of: 06/25/2024
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
IZOLA Bakery 04/27/2025 Microventures $25,970,000 $155,968 Equity - Common Active RegCF
IZOLA 02/29/2024 MainVest $25,435,000 $539,300 Equity - Common Funded RegCF
IZOLA 01/30/2023 MainVest - $1,005,500 Revenue Share Funded RegCF
IZOLA 06/08/2022 MainVest - $101,900 Revenue Share Funded RegCF
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Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Valuation History

Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Employee History

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IZOLA Bakery on MicroVentures 2024
Platform: Microventures
Security Type: Equity - Common
Valuation: $25,970,000
Price per Share: $2.00

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