What is August First?
August First operates as a high-traffic, locally owned bakery and cafe situated in the heart of downtown Burlington. The enterprise distinguishes itself through a commitment to from-scratch culinary production, offering a diverse menu of breakfast and lunch options complemented by premium coffee service. With a business model centered on accessibility—featuring all-day breakfast, flexible indoor and outdoor seating, and integrated digital ordering systems—the company has cultivated a robust loyalty program that drives recurring revenue. Its position as a community hub allows it to maintain a competitive edge in the Vermont hospitality market, balancing artisanal quality with efficient, modern service standards.
How much funding has August First raised?
August First has raised a total of $234K across 1 funding round:
Debt
$234K
Debt (2021): $234K with participation from PPP
Key Investors in August First
PPP
Public-Private Partnership
What's next for August First?
With the successful acquisition of this late-stage financing, August First is poised to transition into a phase of operational optimization and potential market scaling. The strategic deployment of this capital will likely focus on enhancing supply chain efficiencies, upgrading digital infrastructure to support increased online order volume, and potentially expanding the physical footprint of the brand. As the company navigates the complexities of the post-pandemic dining environment, this investment provides the necessary liquidity to innovate its menu offerings and strengthen its brand equity, ensuring long-term sustainability in the regional food service industry.
See full August First company page