Sienna Sauce
A mouth-watering, healthy choice for all your sauce needs
Overview
Raised: $2,198
Total Commitments ($USD)
Platform
Wefunder
Start Date
11/30/2022
Close Date
04/30/2023
Min. Goal
$50,000
Max. Goal
$586,000
Min. Investment
$100
Security Type
SAFE
Series
Seed
Funding Type
RegCF
Valuation Cap
$7,500,000
Discount Rate
20%
Rolling Commitments ($USD)
Status
Active
Reporting Date
02/02/2023
Days Remaining
87
% of Min. Goal
4%
% of Max. Goal
0%
Likelihood of Max
Avg. Daily Raise
$34
Momentum
Create a free account today to gain access to KingsCrowd analytics.
Location
Houston, Texas
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2B/B2C
Margin
Medium
Capital Intensity
Low
Sienna Sauce, with a valuation of $7.5 million, is raising funds on Wefunder. 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 $50,000 and a maximum target of $586,000. The campaign proceeds will be used for working capital, inventory, operations, and sales and marketing.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$685,495 |
$127,282 |
|
COGS |
$383,457 |
$82,087 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$14,560 |
$-37,266 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$6,208 |
$80,076 |
|
Accounts Receivable |
$11,374 |
$1,426 |
|
Total Assets |
$40,966 |
$99,454 |
|
Short-Term Debt |
$29,918 |
$568 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$29,918 |
$568 |
Financials as of: 11/30/2022
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 | $2,198 | 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.
Ratings 
