Sienna Sauce (2022)
About this raise
Sienna Sauce, with a valuation of $7.5 million, is raising funds on Republic. The company makes tasty and healthy sauces and condiments that are low in salt and sugar and high in flavors. The guilt-free sauces of Sienna Sauce add rich flavors to pasta, rice, and other dishes and work as a great substitute for sugar- and salt-filled condiments. The products of Sienna Sauce include its signature Sweet & Tangy sauce, Lemon Pepper sauce, and Spice It Up! sauce. Monique Crayton founded Sienna Sauce in November 2017. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $535,000. The campaign proceeds will be used for staffing, marketing, and operational expenses.
Investment Overview
Invested : $96,036
Deal Terms
Total Commitments
- Platform
- Republic
- Start Date
- 02/28/2022
- Close Date
- 11/11/2022
$25,000
$535,000
$100
SAFE
Early Stage
RegCF
$7,500,000
0%
Company & Team
Company
- Year Founded
- 2017
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- Low
- Capital Intensity
- Low
Financials
- Revenue -25.3% YoY
- $127,282
- Monthly Burn
- $3,106
-
Runway
- 24+ months
- Gross Margin
- 36%
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Company Funding & Growth
Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 04/30/2023 | Wefunder | $7,500,000 | $12,619 | SAFE | Not Funded | RegCF |
| 11/11/2022 | Republic | $7,500,000 | $96,036 | SAFE | Funded | RegCF |
| 06/30/2020 | Republic | $5,000,000 | $200,362 | SAFE | Funded | RegCF |