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: $12,619

Total Commitments ($USD)

Platform

Wefunder

Start Date

11/29/2022

Close Date

04/30/2023

Min. Goal
$50,000
Max. Goal
$586,000
Min. Investment

$100

Security Type

SAFE

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$7,500,000

Discount

20%

Rolling Commitments ($USD)

Status
Not Funded
Reporting Date

04/30/2023

Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise

$84

Momentum
Not 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

Medium

Capital Intensity

Low

Location

Houston, Texas

Business Type

Growth

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: 11/29/2022
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 04/29/2023 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
Create a free account today to gain access to KingsCrowd analytics.

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

Upgrade to gain access

Pay Monthly
Annually (Save 17%)

Edge

$25 /month
billed annually
Free portfolio tracking, data-driven ratings, AI analysis and reports
Plan Includes:
Everything in Free, plus
Company specific KingsCrowd ratings and analyst reports
Deal explorer and side-by-side comparison
Startup exit and failure tracking
Startup market filters and historical industry data
Advanced company search ( with ratings)
Get Edge Annual
Already a member? Log in here.

Ratings KingsCrowd Startup Rating Methodology Article

Blurred Ratings Bars Blurred Ratings Bars
Founders: enhance your startup's credibility on KingsCrowd. Create an account to claim this raise page.
Add to portfolio
Sienna Sauce on Wefunder 2022
Platform: Wefunder
Security Type: SAFE
Valuation: $7,500,000

Follow company

Follow Sienna Sauce on Wefunder 2022

Buy Sienna Sauce's Deal Report

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

Sienna Sauce Deal Report

Get KingsCrowd’s comprehensive report on Sienna Sauce including:

  • How our proprietary algorithm rates their current capital raise (1-5 stars)
  • Detailed price, market, team, differentiators, performance, and risk ratings
  • Whether Sienna Sauce is undervalued or overvalued
  • Scores on the founding team and key personnel's background and expertise

Buy the Sienna Sauce deal report for only $10!

Email address:
Looking to buy more than one deal report? Get unlimited reports by upgrading to Edge