How Much Did Crust Raise?
Funding & Key Investors

Crust, a full-service artisan bakery, has secured $1.1M in total funding, with its most recent capital infusion amounting to $740K in a major strategic investment. This significant backing underscores the company's established presence and growth trajectory in the artisan baking sector.

What is Crust?

Crust
ManufacturingFood & BeverageHospitality

Crust is a distinguished artisan bakery operating in downtown Fenton, Michigan, committed to traditional baking methods for both retail and wholesale clients. The company's unique operational model is housed in a nearly block-long, renovated historic property at 104 W. Caroline Street, featuring a transparent, warehouse-style environment that showcases classically trained bakers and an authentic Italian bread oven. Inspired by international bakery designs, the retail space incorporates custom art and repurposed vintage furnishings, creating a distinctive customer experience. Established in February 2012 after a thirteen-month renovation, Crust is an extension of the ownership families behind The Laundry, a local dining establishment. The bakery prides itself on producing over 120 varieties of handcrafted baked goods using natural, locally sourced, and organic ingredients, with a focus on unbleached, unbromated flours from non-GMO suppliers. Crust's philosophy centers on artisan principles, ingredient quality, and community engagement, positioning it as a revitalizing force in its historic downtown location.

How much funding has Crust raised?

Crust has raised a total of $1.1M across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$740K

Debt (2020): $350K with participation from PPP

Debt (2021): $740K led by PPP

Key Investors in Crust

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Crust?

The recent major strategic investment signals a pivotal phase for Crust, likely enabling expansion of its production capabilities, enhancement of its wholesale distribution network, or further development of its unique retail concept. This enterprise-level funding suggests a strategic focus on scaling operations and solidifying its market position as a premier artisan bakery. Future initiatives may involve exploring new product lines, optimizing supply chain efficiencies for its commitment to local and organic sourcing, or potentially expanding its footprint to new markets, leveraging its established brand reputation and commitment to traditional craftsmanship.

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Frequently Asked Questions Regarding Crust Financial Insights

What are the most recent funding rounds that Crust has completed, and what were the funding rounds?
Crust has recently completed 2 funding rounds: Debt on Jan 28, 2021, Debt on Apr 4, 2020.
What is the total amount of funding Crust has raised to date?
Crust has raised a total of $1.1M in funding to date.
How many funding rounds has Crust completed?
Crust has completed 2 funding rounds.
How much funding did Crust raise in its most recent funding round?
Crust raised $740K in its most recent funding round.
Who are the lead investors in Crust's latest funding round?
The lead investor in Crust's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Crust's history?
The largest funding round in Crust's history was $740K.
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