About this raise: IZOLA is raising funds on MainVest. It is a top bakery in San Diego that makes croissants and warm sourdough. The business 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. IZOLA has generated a 384% year-over-year growth and has reached profitability in less than two years. Jeffrey Brown and Jennifer Chen founded IZOLA in January 2005. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $430,000. The campaign proceeds will be used for the development of distribution channels, hiring, training of talent, and real estate acquisition and improvement.

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Investment Overview

Invested this round: $1,005,500

Deal Terms

Total Commitments ($USD)

Platform
MainVest
Start Date
06/10/2022
Close Date
01/31/2023
Min. Goal
$50,000
Max. Goal
$4,898,100
Min. Investment

$100

Security Type

Revenue Share

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Return Multiple

1.30X

Rev. Share %

0.31%

Profit Share %

0.31%

Company & Team

Company

Year Founded
2004
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Low
Capital Intensity
Low
Location
San Diego, California
Business Type
Life Style
Company Website
Visit Website

Team

Employees
13
Prior Founder Exits?
No
Founder Name
Jeffrey Lamont Brown
Title
Head Baker
Founder Name
Jennifer Chen.
Title
Co-founder

Financials

 Revenue
$0
 Monthly Burn
$4,915
 Runway
10.8 months

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$92,917

$52,336

Tax

$8,678

$3,432

 

 

Net Income

$-58,980

$12,704

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$52,949

$32,977

Accounts Receivable

$0

$0

Total Assets

$81,017

$50,864

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$0
VC Backed?
No
Offering Name Close Date Platform Valuation Total Raised Security Type Status Reg Type
IZOLA Bakery 04/28/2025 Microventures $25,970,000 $564,739 Equity - Common Active RegCF
IZOLA 03/01/2024 MainVest $25,435,000 $539,300 Equity - Common Funded RegCF
IZOLA 01/31/2023 MainVest - $1,005,500 Revenue Share Funded RegCF
IZOLA 06/09/2022 MainVest - $101,900 Revenue Share Funded RegCF
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Growth Charts

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.

Employee History

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IZOLA on MainVest 2022
Platform: MainVest
Security Type: Revenue Share

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