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Sauce Bae

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Security Type
Common Stock
Categories
Food & Bev
Min Investment
$120
Location
FREEHOLD, NJ
Offering Date
August 17, 2023
Expected Close Date
November 17, 2023
Target Raise
$15.00K-$1.00M
No. Investors
229
Security Price
$0.60
Website
saucebae.com
Number of Employees
1
Cash
$74,920
Revenue
$355,454
Short Term Debt
$10,965
Cost of Goods
$158,244
Long Term Debt
$326,618
Net Income
$-133,640

Company Description

Sauce Bae is a healthy hot sauce company that provides consumers with a clean and flavorful alternative in a $5B industry. Now available in 1,000+ major retail locations, and is carried by the 2 largest national health food distributors: UNFI and KeHE, with lifetime revenue over $1M.

Management Team / Advisory Board Bios

Kevin Erik CarboneCEO, CFO, Board Director and FounderKevin Carbone is a 32-year-old entrepreneur from the Jersey Shore with a passion for health and fitness. Kevin graduated Cum Laude from Ramapo College in 2013 with a Bachelor of Finance. After graduation, he began honing his research and analytical skills at Bloomberg, and then went on to manage the analytics department at NRG’s Solar Division.  The seed for Sauce Bae was planted 11 years ago when Kevin was diagnosed with Ulcerative Colitis at age 21. This propelled him towards a health-conscious lifestyle, where he discovered the transformative power of turmeric and clean eating. Realizing a void in the market for genuinely natural, low-sodium, turmeric-infused hot sauce, Kevin created Sauce Bae's original recipe in 2017 along with all the current branding himself. Today, Kevin is committed to making Sauce Bae a household name and the preferred choice for health-conscious hot sauce enthusiasts., Esty DelCioppoContributing AdvisorWith over 20 years of experience in advertising, Esty Gorman DelCioppo currently works at Google as a Creative Effectiveness Lead, helping brands develop more impactful communications on Google and YouTube. Esty began her career in media at OMD before joining the Account Planning team at BBDO, where she led strategy for clients including Mars, J&J, and P&G, and later headed up the strategic team at Iris NY, for clients such as Barclaycard, Reckitt Benckiser, & Adidas. Esty also teaches Account Planning at Miami Ad School (which she also attended) and has a bachelor's degree in Political Science from Colgate University. Jim DelCioppoContributing AdvisorJim is an award-winning veteran media and communications professional with over 25 years of experience in journalism, content creation, graphic design, brand marketing, product development, and digital media strategy. He was previously a top editor at the New York Post, where he launched the paper’s digital team.

Amount Raised : $143,322
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Security Description

Common stock is a security that represents ownership in a corporation.

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