Midwest Sad

[Closed for Investment] Midwest Sad is raising funds on Honeycomb. It is a bakery in Milwaukee, Wisconsin that offers an array of sweets and snacks. Midwest Sad is focused on high-quality ingredients, ethical practices, local sourcing, and community engagement and works through strategic collaborations and local events. The bakery is known for its innovative and ever-changing menu and caters to people with diverse dietary preferences. Samantha Sandrin founded Midwest Sad in January 2024. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $40,000. The campaign proceeds will be used for advertising, wages, permits and fees, working capital, inventory, sustainable packaging, payroll and accounting, and coolers and freezers.

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Investment Overview

Raised this Round: Raised: $31,200

Deal Terms

Total Commitments ($USD)

Platform
Honeycomb
Start Date
06/26/2024
Close Date
07/25/2024
Min. Goal
$25,000
Max. Goal
$40,000
Min. Investment

$100

Security Type

Debt

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Interest Rate

13.50%

Term Length

3.0 years

Company & Team

Company

Year Founded
2024
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Low
Capital Intensity
Low
Location
Milwaukee, Wisconsin
Business Type
Life Style
Company Website
Visit Website

Team

Employees
6
Prior Founder Exits?
No
Founder Name
Samantha Sandrin
Title
Owner/Chef

Financials

 Revenue
$0
 Cash on Hand
$0

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$0

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$0

$0

Accounts Receivable

$0

$0

Total Assets

$0

$0

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
Close Date Platform Valuation Total Raised Security Type Status Reg Type
12/23/2024 Honeycomb - $8,550 Debt Active RegCF
07/25/2024 Honeycomb - $31,200 Debt 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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Midwest Sad on Honeycomb 2024
Platform: Honeycomb
Security Type: Debt

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Follow Midwest Sad on Honeycomb 2024

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Warning: according to the close date for this deal, Midwest Sad may no longer be accepting investments.

Midwest Sad Deal Report

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  • Scores on the founding team and key personnel's background and expertise

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