What is Baked & Wired?
Baked & Wired is a family-owned coffee shop and bakery, established in 2001 and located in Georgetown, Washington, DC. The establishment is renowned for its artisanal, small-batch baked goods, crafted with premium ingredients. Catering to a broad clientele, Baked & Wired offers a diverse range of products, including gluten-free and vegan-friendly options, addressing various dietary preferences and needs. The company facilitates customer convenience through same-day and advance ordering, alongside nationwide shipping of its popular treats, solidifying its reputation as a cherished local establishment.
How much funding has Baked & Wired raised?
Baked & Wired has raised a total of $924K across 2 funding rounds:
Debt
$350K
Debt
$574K
Debt (2020): $350K with participation from PPP
Debt (2021): $574K led by PPP
What's next for Baked & Wired?
The recent major strategic investment in Baked & Wired signals a pivotal moment for the company, likely enabling expansion of its operational capacity and market reach. Given its history and focus on quality and diverse offerings, this capital infusion is expected to fuel further development, potentially including enhanced product lines, broader distribution channels, or technological upgrades to its ordering and fulfillment systems. The company's trajectory suggests a move towards scaling its successful model.
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