'Laine's Bake Shop
An artisan baking manufacturing company with a social mission.
Overview
Raised: $77,933
Total Commitments ($USD)
Platform
Wefunder
Start Date
06/29/2018
Close Date
12/11/2018
Min. Goal
$50,000
Max. Goal
$107,000
Min. Investment
$100
Security Type
Revenue Share
SEC Filing Type
RegCF
Rolling Commitments ($USD)
Status
Funded
Reporting Date
12/31/2018
Days Remaining
Funded
% of Min. Goal
156%
% of Max. Goal
73%
Likelihood of Max
Funded
Avg. Daily Raise
$472
# of Investors
149
Momentum
Funded
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Year Founded
2014
Industry
Food, Beverage, & Restaurants
Tech Sector
Location
Chicago, Illinois
‘Laine’s Bake Shop is an artisan baking manufacturing company with a social mission. They want to bring people together through authentic, all-natural, made-from-scratch baked goods to help revitalize urban communities. They’re starting with the south side of Chicago, but they plan to scale nationally. Right now 70% of their business is wholesale to companies like Whole Foods and Starbucks. With this campaign, they’re moving into a production space that’s three times larger than their current one, with an estimated maximum output of $4 million.
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