Madeleine Bakery and Bistro
About this raise
Madeleine Bakery and Bistro, a small French bakery in Pittsburgh, is raising funds on Honeycomb. The local bakery makes top-quality and delicious French baked goods, including cookies, macarons, and baguettes. The company has also grown a wholesale business supplying classic baked goods to 9-10 local businesses. Madeleine Bakery and Bistro is owned by Andrew Stump and Abigail Stump, with degrees and passion in culinary arts. The current round of crowdfunding has a minimum raise of $15,000 and a maximum raise of $75,000, and the funds will be used to obtain some working capital during the COVID-19 shutdown. Madeleine Bakery and Bistro continues to expand its customer base and increase its presence on social media.
Investment Overview
Invested : $58,835
Deal Terms
Total Commitments
- Platform
- Honeycomb
- Start Date
- 07/08/2020
- Close Date
- 08/21/2020
$15,000
$75,000
$10
Debt
Seed
RegCF
Company & Team
Company
- Year Founded
- 2017
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Distribution Model
- B2C
- Margin
- Low
- Capital Intensity
- Low
Financials
-
Revenue
- $524,304
- Monthly Burn
- $1,190
-
Runway
- 19 months
- Gross Margin
- 73%
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Company Funding & Growth
Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 08/21/2020 | Honeycomb | - | $58,835 | Debt | Funded | RegCF |
