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: $96,036

Total Commitments ($USD)

Platform

Republic

Start Date

02/27/2022

Close Date

11/11/2022

Min. Goal
$25,000
Max. Goal
$535,000
Min. Investment

$100

Security Type

SAFE

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$7,500,000

Discount

0%

Rolling Commitments ($USD)

Status
Funded
Reporting Date

11/29/2022

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

$375

# of Investors

325

Momentum
Funded
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Year Founded

2017

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2B/B2C

Margin

Low

Capital Intensity

Low

Location

Houston, Texas

Business Type

Growth

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.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$127,282

$170,422

COGS

$82,087

$77,271

Tax

$0

$0

 

 

Net Income

$-37,266

$13,886

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$80,076

$458

Accounts Receivable

$1,426

$4,775

Total Assets

$99,454

$13,428

Short-Term Debt

$568

$9,944

Long-Term Debt

$0

$0

Total Liabilities

$568

$9,944

Financials as of: 02/27/2022
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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
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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

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Sienna Sauce on Republic 2022
Platform: Republic
Security Type: SAFE
Valuation: $7,500,000

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