Company Profile (AI Text) Name: 'Laine's Bake Shop Canonical URL: https://wefunder.com/lainesbakeshop Updated at: 2026-06-14T05:02:29Z Tagline: An artisan baking manufacturing company with a social mission. Elevator pitch: Seventy percent of our business is wholesale to companies like Whole Foods and Starbucks. To meet existing surplus demand and take advantage of larger opportunities, we're moving into a production space that's three times larger, with an estimated maximum output of $4M. Our mission is to bring people together through authentic, good food as a way to revitalize urban communities, starting with the south side of Chicago. We specialize in scratch made, all-natural baked goods with unique flavors.  Key claims: - Total raised on Wefunder: 73008 | citation: https://wefunder.com/lainesbakeshop#claim-total-raised - Total investors: 140 | citation: https://wefunder.com/lainesbakeshop#claim-total-investors Verified facts: - Total raised on Wefunder: 73008 | observed_at: 2026-06-14T05:02:29Z | expires_at: 2026-06-15T05:02:29Z - Total investors: 140 | observed_at: 2026-06-14T05:02:29Z | expires_at: 2026-06-15T05:02:29Z Computed metrics: - total_amount_raised: 73008 - total_investors: 140 - team_size: 3 - featured_investor_count: 0 - faq_count: 5 - recent_post_count: 0 Quick facts: - Carried in all 54 Whole Foods in the Midwest Region, stores can select from 6 SKUs. | citation: https://wefunder.com/lainesbakeshop#claim-fact-1 - Carried in 10 local Starbucks.  | citation: https://wefunder.com/lainesbakeshop#claim-fact-2 - Retail bakery cafe location in Chicago's Pullman neighborhood to open September 2018. Monthly on site  pop up events leading up to grand opening.  | citation: https://wefunder.com/lainesbakeshop#claim-fact-3 - Lease secured for new production facility in Chicago's Woodlawn neighborhood, opens fall 2018. | citation: https://wefunder.com/lainesbakeshop#claim-fact-4 - Alumni of the Good Food Business Accelerator at 1871 Tech Incubator in Chicago. | citation: https://wefunder.com/lainesbakeshop#claim-fact-5 - Accepted into the Fall 2018 Cohort of the Inner City Capital Connections program.  | citation: https://wefunder.com/lainesbakeshop#claim-fact-6 FAQ: - Q: With a huge national shift in focusing on healthy food and veganism. What are your plans on creating vegan options to consumers? A: Hi Aileen- Thank you for your question. Our products meet consumer demand for natural pastries and desserts on a broad level. We currently produce several vegan items, like our vegan apple crisp and vegan brownies. As demand continues to increase for vegan items, we will incorporate them in our offerings, while maintaining our holistic focus on delivering the tastiest, real food to our customers. - Q: Hi, usually when I invest I am content that I made a good choice, but this investment truly made me happy (and content that I made a good choice too!). Several questions: 1. Can you provide 2018 numbers for revenue, net income? 2. When you open the new production facility and ... A: Hi Alan, we are so happy to hear it! Here are the answers to your questions. 1) YTD Revenue through 6/30 is $83,433. We just onboarded a new CPA and virtual CFO service last week, so the latest net income information we have is YTD through 4/30. For that period revenue was $47,930 with a net income of $6,223. To provide an idea on momentum our February revenues were $10,431 and we ended June with $17,457. We will have complete May and June numbers within a few weeks. 2) We anticipate becoming... - Q: I went to your website and noticed there is not a large selection of food items offered there. Do you plan on expanding you online business with the creation of the new facility? A: Hi Andre, thanks for your question! Yes, we are planning to expand the online business once we have increased capacity. Our new retail manager starts in two weeks and will work with me to build the infrastructure to prepare for our online store expansion. There’s a lot of untapped potential for us to grow in that space. - Q: There is so much I love about your operation and business approach, but I have one nagging fear before investing: It seems that your revenue is heavily dependent on one customer (Whole Foods), and even your expansion plan for 2019 include expanded distribution through Whole Fo... A: Hi Thomas, thanks so much for your feedback and question! While we have a very solid relationship with Whole Foods, our revenue concentration in that account is one of the biggest risks that we are focused on actively mitigating. We actually have the opportunity to start the expansion process with Whole Foods now, but have held off on further expansion of SKUs or stores until we have diversified our revenue base. Our goal is to reduce our concentration to 20% in this account by the end of 201... - Q: Hi Rachel, I was going to ask the same question that Thomas asked, and he put it well. Your answer is excellent, though I am a little curious about why you would not do both - expand SKUs and stores with Whole Foods and also do all of that other expansion? Also a follow-up to ... A: Hi Alan, thanks for another great question! I do apologize for my delayed response. The beginning of July, was unexpectedly, one of our busiest periods ever. The past two weeks actually helps to illustrate my answer here. Through the first half of July, Whole Foods was over 85% of our revenues (this is higher than we normally see). The next step of growth with Whole Foods, would be to add another entire region. If we do this before building out our base, we could end up with 99% of our busine...