Proof Bread
Bakery bringing a Roman Pizza Concept to Mesa
Overview
Raised: $29,600
Total Commitments ($USD)
Platform
MainVest
Start Date
05/22/2023
Close Date
07/21/2023
Min. Goal
$50,000
Max. Goal
$124,000
Min. Investment
$100
Security Type
Revenue Share
Series
Seed
SEC Filing Type
RegCF
Return Multiple
1.50X
Rev. Share %
1.90%
Rolling Commitments ($USD)
Status
Active
Reporting Date
06/10/2023
Days Remaining
41
% of Min. Goal
59%
% of Max. Goal
24%
Likelihood of Max
Avg. Daily Raise
$1,558
# of Investors
38
Momentum
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Year Founded
2017
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
High
Capital Intensity
Low
Proof Bread is raising funds on MainVest. The Phoenix based bakery has captured the attention of the community with its old-world sourdough bread and pastries. It is now looking to upgrade its front of house and expand on its offerings with Roman Pizza, a beverage program, and curated retail products. The new beverage program alone is expected to increase sales 20-30%. Jonathan Przybyl and Amanda Abou-Eid founded Proof Bread in June 2022. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $124,000. The campaign proceeds will be used to build out the new front of house and purchase additional equipment.
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