Sienna Sauce

Sienna Sauce

Live, Love, Sauce It Up!

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Security Type
Crowd SAFE
Categories
Retail, Food & Bev, Consumer Goods & Products
Min Investment
$100
Location
Houston, TX
Offering Date
January 17, 2022
Expected Close Date
April 30, 2023
Target Raise
$50.00K-$586.00K
No. Investors
270
Security Price
$1
Website
siennasauce.com
Number of Employees
1
Cash
$6,208
Revenue
$685,495
Short Term Debt
$29,918
Cost of Goods
$383,457
Long Term Debt
$0
Net Income
$14,560

Company Description

Sienna Sauce is a great-tasting, health-conscious, everything sauce led by Tyla-Simone and Monique Crayton

Sienna Sauce started when CEO Tyla-Simone Crayton began bottling her own sauce at 14 years old. In 2019 at 16 years of age, Tyle-Simone expanded it into a full-fledged business that now, in 2021, is ready to rocket into the stratosphere. All Sienna Sauces pair perfectly with a variety of meat, seafood and veggies, work as an ingredient in family favorite recipes such as chili, pizza, pasta and rice dishes, and can be used as a dip or condiment.  All Sienna Sauces are low in sodium, 100 mg or less per 2 tbsp serving, and use honey and other real food ingredients to create bold flavors, making it a guilt-free choice for sauce enthusiasts.

Perks

Reserve
$250
Receive
15% off at www.siennasauce.com for 6 months -Free Cookbook

Reserve
$500
Receive
15% off at www.siennasauce.com for 12 months - Free Cookbook

Reserve
$1,000
Receive
15% off at www.siennasauce.com for 18 months - Free Cookbook

Reserve
$2,200
Receive
15% of at www.siennasauce.com for 12 months -Free Cookbook -CEO zoom call

Reserve
$5,000
Receive
20% off at www.siennasauce.com for 12 months to share with friends and family -Free Cookbook -Proud investor shirt - Letter from CEO Tyla-Simone Crayton

Reserve
$10,000
Receive
20% off at www.siennasauce.com for 12 months to share with friends and family -Free Cookbook -Samples -Letter from CEO Tyla-Simone Crayton- Proud investor shirt CEO zoom call

Reserve
$25,000
Receive
20% off at www.siennasauce.com for 24 months to share with friends and family -Free Cookbook -Samples -Letter from CEO Tyla-Simone Crayton- Proud investor shirt -

Reserve
$50,000
Receive
20% off at www.siennasauce.com for 24 months to share with friends and family -Free Cookbook -Samples -Letter from CEO Tyla-Simone Crayton- Proud investor shirt- CEO Zoom call - 24 Free variety packs

Key Deal Facts

Young black female founder
Featured on Shark Tank in February 2021 with offer from Kendra Scott
B2B partnerships with FedEx, Verizon and Neiman Marcus
$650K in projected revenue by end of 2021, which is 5x of 2020 revenue
Retailing at HEB, Wegmans and other national chains
Disrupting the $37.7B sauce market
Amount Raised : $83,800
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The overall viability and scalability of the business concept as well as the ability to drive the concept to profitability over time.
Business Idea
The progress made thus far in demonstrating that the business has viability, a customer base or other business traction.
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Management Team
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Valuation

Security Description

An equity crowdfunding specific version of a SAFE used by crowdfunding portal Republic. Upon conversion (if and when that happens), investors may receive special shares with limited rights that do not show up on a company’s cap table. The issuer may roll over and not convert shares at the next financing round causing investors to lose out on some upside.

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