The Black Bread Company
About this raise
The Black Bread Company, with a valuation of $25 million, is raising funds on StartEngine. The business manufactures and sells gourmet sliced bread and bread products. The products of The Black Bread Company are full of flavor, fresh, free of additives, and are sold nationwide. The business has 45,000 social media followers and generated $263,000 in sales within the last year. Mark Edmond, Jamel Lewis, and Charles Alexander founded The Black Bread Company in July 2020. The current crowdfunding campaign has a minimum target of $9,996.88 and a maximum target of $1,069,877.44. The campaign proceeds will be used for growth and expansion.
Investment Overview
Invested : $1,067,267
Deal Terms
Total Commitments
- Platform
- StartEngine
- Start Date
- 04/19/2022
- Close Date
- 09/16/2022
$9,997
$1,069,877
$250
Equity - Common
Early Stage
RegCF
$2.78
$25,020,000
Company & Team
Company
- Year Founded
- 2020
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- Medium
- Capital Intensity
- Low
Financials
-
Revenue
- $261,139
- Monthly Burn
- $1,264
-
Runway
- 2.6 months
- Gross Margin
- 72%
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $100,000
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 09/16/2022 | StartEngine | $25,020,000 | $1,067,267 | Equity - Common | Funded | RegCF |
