About this raise
Loba Pastry + Coffee is raising funds on Honeycomb. It is a small-batch artisanal-grade bakery in Chicago, Illinois. The bakery serves an untraditional and ever-changing variety of pastries, breads, and drinks. Loba Pastry + Coffee uses high-quality ingredients sourced locally and ethically and caters to most dietary restrictions. The bakery has a loyal customer base and has been featured in many “Best of Chicago” lists, including the ones in TimeOut Chicago, Chicago Magazine, and Bon Apetite Magazine. Valeria Taylor founded Loba Pastry + Coffee in January 2021. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $50,000. The campaign proceeds will be used for plumbing work, carpentry and furniture, oven installation, electrical work, and staffing.
Investment Overview
Invested : $50,000
Deal Terms
Total Commitments
- Platform
- Honeycomb
- Start Date
- 07/25/2022
- Close Date
- 09/12/2022
$25,000
$50,000
$100
Debt
Monthly
RegCF
10.25%
5.0 years
Company & Team
Company
- Year Founded
- 2021
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Distribution Model
- B2C
- Margin
- High
- Capital Intensity
- Low
Financials
- Revenue +71% YoY
- $297,438
- Monthly Burn
- Profitable
-
Cash on Hand
- $55,633
- Gross Margin
- 92%
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $0
- VC Backed?
- No