Planet Bake
About this raise
Planet Bake is raising funds on Honeycomb. The health-conscious bakery is based in New York, NY, and is focused on making desserts healthier and more lifestyle-conscious. Planet Bake is known for its healthy offerings that do not compromise on taste, texture, and quality and give the body the required antioxidants, nutrients, and energy. The business is known for its baked donuts, which are gluten-free, soy-free, plant-based, sugar-free, kosher certified, and low in calories, sodium, saturated fats, and net carbs. Kathrin Henon founded Planet Bake 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 to bring donuts to the entire East Coast.
Investment Overview
Not Funded: $7,070
Deal Terms
Company & Team
Company
- Year Founded
- 2021
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- Medium
- Capital Intensity
- Low
Financials
- Revenue +47% YoY
- $220,028
- Monthly Burn
- $1,088
-
Runway
- 8.9 months
- Gross Margin
- 35%
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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 |
---|---|---|---|---|---|---|
10/28/2024 | Honeycomb | - | $7,070 | Debt | Not Funded | RegCF |