Sienna Sauce

Sienna Sauce

Early Stage

A mouth-watering, healthy choice for all your sauce needs

A mouth-watering, healthy choice for all your sauce needs

Overview

Raised to Date: Raised: $200,362

Total Commitments ($USD)

Platform

Republic

Start Date

02/25/2020

Close Date

06/30/2020

Min. Goal
$25,000
Max. Goal
$1,070,000
Min. Investment

$50

Security Type

SAFE

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$5,000,000

Discount

20%

Rolling Commitments ($USD)

Status
Funded
Reporting Date

07/04/2020

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$1,603

# of Investors

1,428

Momentum
Funded
Create a free account today to gain access to KingsCrowd analytics.
Year Founded

2017

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2B/B2C

Margin

High

Capital Intensity

Low

Location

Houston, Texas

Business Type

Life Style

Sienna Sauce, with a valuation cap of $5 million, is raising funds on Republic. The company offers a variety of healthy and mouth-watering sauces that can be used on seafood, poultry, meat, and vegetables. The sauces of Sienna Sauce are gluten-free and HCFS-free. The three current flavors include Tangy, Spicy, and Lemon Pepper. Sienna Sauce was founded by Tyla-Simone Crayton and has raised $35,000 in funding at pitch competitions. The current crowdfunding round has a minimum target of $25,000 and a maximum target of $1,070,000, and the funds will be used to expand the brand in over 100 stores in the US by 2021. Sienna Sauce has already sold over 25,000 bottles in 50 retail locations and is currently a profitable company with profit margins between 66% and 68%.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$191,851

$0

COGS

$90,904

$0

Tax

$0

$0

 

 

Net Income

$-26,705

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$521

$0

Accounts Receivable

$0

$0

Total Assets

$1,439

$0

Short-Term Debt

$16,686

$0

Long-Term Debt

$0

$0

Total Liabilities

$16,686

$0

Financials as of: 02/25/2020
Create a free account today to gain access to KingsCrowd analytics.

Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Sienna Sauce 04/29/2023 Wefunder $7,500,000 $12,619 SAFE Not Funded RegCF
Sienna Sauce 11/10/2022 Republic $7,500,000 $96,036 SAFE Funded RegCF
Sienna Sauce 06/29/2020 Republic $5,000,000 $200,362 SAFE Funded RegCF
Create a free account today to gain access to KingsCrowd analytics.

Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Valuation History

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Employee History

Upgrade to gain access

Pay Monthly
Annually (Save 17%)

Edge

$25 /month
billed annually
Free portfolio tracking, data-driven ratings, AI analysis and reports
Plan Includes:
Everything in Free, plus
Company specific KingsCrowd ratings and analyst reports
Deal explorer and side-by-side comparison
Startup exit and failure tracking
Startup market filters and historical industry data
Advanced company search ( with ratings)
Get Edge Annual
Already a member? Log in here.
Founders: enhance your startup's credibility on KingsCrowd. Create an account to claim this raise page.
Add to portfolio
Sienna Sauce on Republic
Platform: Republic
Security Type: SAFE
Valuation: $5,000,000

Follow company

Follow Sienna Sauce on Republic

Buy Sienna Sauce's Deal Report

Warning: according to the close date for this deal, Sienna Sauce may no longer be accepting investments.

Sienna Sauce Deal Report

Get KingsCrowd’s comprehensive report on Sienna Sauce including:

  • How our proprietary algorithm rates their current capital raise (1-5 stars)
  • Detailed price, market, team, differentiators, performance, and risk ratings
  • Whether Sienna Sauce is undervalued or overvalued
  • Scores on the founding team and key personnel's background and expertise

Buy the Sienna Sauce deal report for only $10!

Email address:
Looking to buy more than one deal report? Get unlimited reports by upgrading to Edge