About this raise: Proof Bread, a bakery in Mesa, AZ, is raising crowdfunding on MainVest. The bakery has captured the attention of the community with its old-world sourdough bread and pastries. It has a loyal following, with an average of 1,500 customers per week. Proof Bread is owned by Jonathan Przybyl and Amanda Abou-Eid. The proceeds of the current crowdfunding round, with a minimum raise of $50,000 and a maximum raise of $150,000, will be used for the renovation of the bakery. Proof Bread grew during COVID and diversified into various sales channels. The bakery is led by an experienced and passionate team that is regularly increasing its skills and grit.
Investment Overview
Invested : $200,000
Deal Terms
Total Commitments ($USD)
- Platform
- MainVest
- Start Date
- 04/05/2021
- Close Date
- 07/23/2021
$50,000
$200,000
$100
Revenue Share
Seed
RegCF
1.40X
Company & Team
Company
- Year Founded
- 2017
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- Low
- Capital Intensity
- High
Financials
- Revenue +56% YoY
- $385,017
- Monthly Burn
- Profitable
- Cash on Hand
- $8,077
- Gross Margin
- 75%
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