Sienna Sauce (2022)

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.

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Investment Overview

Invested this round: $96,036

Deal Terms

Total Commitments

Platform
Republic
Start Date
02/28/2022
Close Date
11/11/2022
Min. Goal
$25,000
Max Goal
$535,000
Min. Investment

$100

Security Type

SAFE

Company Stage

Early Stage

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$7,500,000

Discount

0%

Company & Team

Company

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
Company Website
Visit Website

Team

Employees
4
Prior Founder Exits?
No
Founder Name
Tyla-Simone Crayton
Title
CEO

Financials

 Revenue -25.3% YoY
$127,282
 Monthly Burn
$3,106
 Runway
24+ months
 Gross Margin
36%

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

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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
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Growth Charts

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.

Valuation History

Employee History

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

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Follow Sienna Sauce on Republic 2022

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

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