Sienna Sauce
A mouth-watering, healthy choice for all your sauce needs
Overview
Raised: $200,362
Rolling Commitments ($USD)
Status
Funded
Reporting Date
07/05/2020
Days Remaining
Funded
% of Min. Goal
801%
% of Max. Goal
19%
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
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: 02/26/2020
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 | 04/30/2023 | Wefunder | $7,500,000 | $5,698 | SAFE | Active | RegCF |
Sienna Sauce | 11/11/2022 | Republic | $7,500,000 | $96,036 | SAFE | Funded | RegCF |
Sienna Sauce | 06/30/2020 | Republic | $5,000,000 | $200,362 | SAFE | Funded | RegCF |
Create a free account today to gain access to KingsCrowd analytics.
Upgrade to gain access
Pay Monthly
Annually (Save 17%)
-
$12.42 /month
billed annually - Free portfolio tracking and KingsCrowd's quantitative ratings on all raises.
- Plan Includes:
- Everything in Free, plus
- Company specific
KingsCrowd ratings (excluding risk)
- Advanced company search ( with ratings)
- Markets page filters and historical industry data
- Get Edge Annual
Edge
-
$41.58 /month
billed annually - Full site access including KingsCrowd's qualitative analyst reports.
- Plan Includes:
- Everything in Edge, plus
- Full access to detailed Analyst Reports (e.g. Top Deal, Deal to Watch, Neutral, and Underweight)
- Search and filter based on Analyst Reports
- In-depth risk ratings for every raise
- Get Edge Pro Annual
Edge Pro
Already a member? Log in here.
Wall Street has Morningstar, S&P, and Bloomberg
The equity crowdfunding market has KingsCrowd.
Are you the founder of Sienna Sauce? Create your account today to claim this raise page.