Sienna Sauce Net Worth
Sienna Sauce’s net worth is estimated to be around $1 million. The company was valued at $500,000 before Kendra’s investment in Shark Tank. Tyla-Simone Crayton, the founder of Sienna Sauce, has a net worth of $700,000 as of 2022.
What is Sienna Sauce and Who is the founder of Sienna Sauce?
Sienna Sauce is a line of barbecue sauces that offer rich southern flavors and can be used as a marinade, dip, or glaze.
What sets this brand apart is its young CEO, Tyla-Simone Crayton, who is only 17 years old but has already built a six-figure empire with her business. Sienna Sauce is free of gluten and high fructose corn syrup and comes in three different flavors: Tangy, Lemon Pepper, and Spicy.
Tyla-Simone Crayton is the founder of Sienna Sauce, which she created as an eight-year-old in 2017 after her favorite wing restaurant shut down. She tried to recreate their sauce and ended up developing something even better.
In 2013, Tyla and her mother started selling wings from their home in Sienna, Texas, on Friday nights, and they began bottling and selling the sauce in 2017. Despite running a successful business, Tyla managed to maintain a 4.0 GPA.
Sienna Sauce is more than just a condiment for wings or BBQ. According to Tyla, it can be used on almost anything and has become a hit among consumers.
A bottle of Sienna Sauce costs $10, and customers can purchase three-packs for $28.95 on the company’s website or Amazon.
Sienna Sauce is also available in select Spec’s Wines, Spirits, and Finer Foods stores in Texas, as well as Wegmans in the New York City area and several independent grocers in Texas, Missouri, and New York. With Tyla-Simone Crayton at the helm, Sienna Sauce has a bright future and is poised for continued success.
Sienna Sauce Shark Tank pitch
During a pitch on Shark Tank Season 12 Episode 14, Monique and Tyla-Simone Crayton presented Sienna Sauce, a versatile sauce that can be used on a variety of dishes.
The entrepreneurs were seeking $100,000 in exchange for a 10% stake in their company, which was valued at $1 million. They shared their story and provided samples, which were well-received by the Sharks. Kendra, in particular, was impressed by the sauce and Tyla’s business acumen.
Kendra offered $100,000 in exchange for a 20% stake in the company, which Tyla accepted. After the show aired, Sienna Sauce received significant media attention, and ABC Entertainment Corporation became an investor in the company.
Sienna Sauce has continued to handle its growth well, despite a surge in demand after appearing on Shark Tank. Customers can purchase the sauce on Amazon, at Wegmans in New Jersey and New York, and at 19 independent grocers in Texas, New York, and Ohio. As of December 2021, the company has annual revenue of $650,000.
Net Worth of Sienna Sauce
The company valuation during the pitch was $1 million, after the investment done by Kendra the company was valued at $500,000.
Since then the company has been selling with annual revenue of $625,000 in 2021. This justifies that the company’s net worth has increased.
Sienna Sauce Shark Tank Updates
Sienna Sauce is a honey-based sauce that can be used on anything. The company was founded by Tyla-Simone Crayton when she was 8 years old after her favorite wing place closed. She tried recreating their sauce but ended up making something better.
In Shark Tank episode 1214, Tyla-Simone and her mother Monique Crayton pitched Sienna Sauce to the Sharks and asked for $100,000 for 10% of the business. Kendra Scott made a deal with Sienna Sauce, investing $100,000 for 20% equity.
Since appearing on Shark Tank, Sienna Sauce has been doing well. The company has expanded its distribution and can be found in retail stores such as Wegman’s and Walmart, as well as online on the Sienna Sauce website and Amazon.
In 2023, Sienna Sauce launched a new flavor called Smoky Brown. Tyla-Simone is working with Kendra Scott to help expand the company’s online marketing and develop new flavors.
Sienna Sauce has received praise for its exceptional flavor and versatility. The sauce is also a healthy choice, as it is gluten-free, contains no high fructose corn syrup, and is 4x lower in sodium compared to other sauces.
Sienna Sauce Shark Tank Table Summary:
INFORMATION | DETAILS |
What is Sienna Sauce? | A line of BBQ sauces that offer rich Southern flavors and can be used as a marinade, dip, or glaze. |
Founder of Sienna Sauce | Tyla-Simone Crayton |
Sienna Sauce’s Net Worth | Estimated to be around $1 million |
Tyla-Simone Crayton’s Net Worth | $700,000 as of 2022 |
Sienna Sauce’s Products | Gluten-free and high fructose corn syrup-free BBQ sauces in 3 different flavors: Tangy, Lemon Pepper, and Spicy. |
Sienna Sauce’s Cost | A bottle costs $10, and customers can purchase three-packs for $28.95. |
Sienna Sauce’s Distribution | Available on the company’s website, Amazon, select stores in Texas and New York, and 19 independent grocers in Texas, New York, and Ohio. |
Sienna Sauce Shark Tank Pitch | Tyla-Simone Crayton and Monique Crayton pitched Sienna Sauce in exchange for a $100,000 investment for 10% equity. Kendra Scott offered $100,000 for a 20% stake in the company. ABC Entertainment Corporation became an investor in the company. |
Sienna Sauce’s Annual Revenue | $625,000 in 2021 |
Sienna Sauce Shark Tank Updates | Launched a new flavor called Smoky Brown. Expanding the company’s online marketing and developing new flavors with Kendra Scott. |
Sienna Sauce FAQs
What Is Sienna Sauce Shark Tank?
Sienna Sauce is a honey-based sauce that can be used on anything. Tyla-Simone Crayton created the sauce when she was 8 years old after her favorite wing place closed. She tried to recreate their sauce but ended up making something better.
Sienna Sauce is available in four different flavors: sweet & tangy, lemon pepper, spice it up, and smokey brown.
Sienna Sauce appeared on Shark Tank in Season 12 Episode 14. Tyla-Simone Crayton and her mother, Monique, pitched the sauce to the Sharks and asked for $100,000 for 10% equity in the company. Kendra Scott made a deal with Sienna Sauce, investing $100,000 for 20% equity.
Since appearing on Shark Tank, Sienna Sauce has been nationally recognized for its amazing taste and high quality.
The sauce is gluten-free and contains no high fructose corn syrup. It is also 4x lower in sodium compared to other sauces. As of August 2021, Sienna Sauce had celebrated $1 million in sales.
How Does Sienna Sauce Shark Tank Work?
Sienna Sauce is a company that creates and bottles a versatile sauce that can be used on anything. The sauce was originally created as a wing sauce by Tyla-Simone Crayton when she was 8 years old after her favorite wing place closed down.
She tried to recreate their sauce but ended up making something better. The sauce is gluten-free, contains no high fructose corn syrup, and is 4x lower in sodium compared to other sauces.
Sienna Sauce appeared on Shark Tank Season 12 Episode 14 and landed a deal with Kendra Scott. Tyla-Simone Crayton pitched her company to the Sharks, asking for $100,000 for 10% equity in the company.
Kendra Scott offered $100,000 for 20% equity, which Tyla-Simone Crayton accepted. The Sharks thoroughly enjoyed their taste test of the sauce.
Since appearing on Shark Tank, Sienna Sauce has expanded its distribution to Texas, Missouri, and New York. The company has an online store where customers can purchase original sauce flavors, including tangy, lemon pepper, and spicy.
What Happened To Sienna Sauce After Shark Tank?
Sienna Sauce is a line of wing sauces that appeared on Shark Tank Season 12 Episode 14. The company was founded by Tyla-Simone Crayton and her mother Monique Crayton from Houston, Texas.
They went into the Tank seeking an investment of $100,000 in exchange for ten percent equity. Guest Shark Kendra Scott offered them $100,000 for 20 percent, which they accepted.
Since the Shark Tank episode initially aired in February 2021, Sienna Sauces continues to get 5-star reviews on Amazon where customers are leaving comments including “Each bottle has its own great flavor. Will definitely order again.
Great flavor for all meats”. Tyla-Simone is now focused on getting Sienna Sauce into school cafeterias and restaurants.
She’s also partnered with a national distributor, “which is going to open up so many doors for us for 2023,” her mom says. Tyla-Simone is also working on a new flavor of Sienna Sauce.
In terms of a Sienna Sauce update, Tyla-Simone will likely be working with Kendra Scott to help expand her online marketing and develop new flavors.
Is The Sienna Sauce Shark Tank Still In Business?
Sienna Sauce appeared on Shark Tank in episode 1214, where Monique and Tyla-Simone Crayton pitched their “unbiased sauce” that can be used on anything. The Sharks liked the sauce, and the mother-daughter duo asked for $100,000 for 10% of the business.
After the show, Sienna Sauce was typically inundated with sales but managed it well. As of July 2021, reliable revenue figures are unavailable.
Sienna Sauce is still in business and can be purchased on Amazon and at Wegman’s in New Jersey and New York, as well as 19 other independent grocers in Texas, New York, and Ohio.
\Sienna Sauce’s CEO, Tyla-Simone Crayton, revealed in August 2021 that the company had celebrated $1 million in sales.
In February 2022, Crayton revealed that the investment deal with Kendra Scott, who offered $100,000 for a 20% stake in the company on Shark Tank, still hasn’t been finalized.
Sienna Sauce and Kendra Scott are still doing their due diligence on the deal made on Shark Tank, and have not yet come to an agreement as it relates to financial investment. Despite not receiving Scott’s investment yet, Sienna Sauce’s business has been flourishing.
The company sold $300,000 worth of products in 24 hours after Crayton’s appearance on Shark Tank, and in over three years, Sienna Sauce raked in $1 million in sales
What Is The Current Valuation Of Sienna Sauce After Shark Tank?
Sienna Sauce is a versatile sauce that can be used on a variety of dishes. The brand was started by Tyla Simone and her mother, Monique Crayton. Sienna Sauce appeared on Shark Tank Season 12 Episode 14, where Monique and Tyla-Simone Crayton presented their product.
Before appearing on Shark Tank, Sienna Sauce was valued at $500,000. Sienna Sauce’s net worth before appearing on Shark Tank was $1 million. After appearing on Shark Tank, Sienna Sauce’s net worth decreased to $700,000.
Sienna Sauce has continued to handle its growth well, despite a surge in demand after appearing on Shark Tank. Customers can purchase the sauce on Amazon, at Wegmans in New Jersey and New York, and at 19 independent grocers in Texas, New York, and other states.
A bottle of Sienna Sauce costs $10, and customers can purchase three-packs for $28.95 on the company’s website or Amazon.
How much were they asking on Shark Tank?
They were asking for $100,000 for a 10% stake in their company.
Did they have the deal?
Yes, they have a deal from Kendra Scott.
How much did they get in Shark Tank Episode 14?
They got $100,000 for a 20% stake in the company.
Is Sienna Sauce still in business?
Yes, Sienna Sauce is still in business as of December 2021.
Does this sauce have gluten in it?
No, this sauce does not have gluten in it.
Where can I buy Sienna Sauce?
Customers can buy it through the company website or Amazon.com.
Where does Sienna sauce come from?
Sienna Sauce originated in Brooklyn, New York, and is currently located in Sienna, Texas. There, eight-year-old Tyla-Simone Crayton made her first batch of sauce with the aid of her mother, Monique.
How do I market my sauce?
Begin by selling homemade sauces at farmer’s markets or gourmet shops in their area. Promote their sauce to restaurants and other food service establishments, such as workplace canteens. Create a website and sell straight to customers online.
Do you have the ability to sell sauces from your home?
Cottage food rules govern the sale and manufacturing of low-risk foods (such as sauces) from the home of an entrepreneur.
In most states, one can sell items made under cottage food rules directly to consumers, such as at farmer’s markets, flea markets, and roadside booths, from their home.
Is Sienna Sauce shipping?
Yes, Sienna Sauce ships across the United States.
What is the shipping cost?
Shipping is free within the United States.
Does Sienna Sauce appear on shelves in stores?
Yes, Sienna Sauce appears on shelves in direct-to-consumer (D2C) grocery stores as well as gourmet shops, and some fine food distributors. It’s also sold at clubs, offices, and special events.
Where does Sienna Sauce ship?
Sienna Sauce ships to US addresses only. Any international shipment will be charged additional shipping fees.
What is unique about Sienna Sauce?
These sauces are unique because they are gluten-free, made with fresh ingredients, and affordable for everyone.
Can you sell this sauce online?
Yes, the company sells this sauce online through the company website and Amazon.com.
Can you make money selling this sauce to restaurants?
Yes, one can make money by selling this sauce to restaurants.
What is the return policy of Sienna Sauce?
Sienna Sauce issues a store credit for the purchase of any sauce.
What are the ingredients in Sienna Sauce?
Ingredients in Sienna Sauce include Natural ketchup (tomato paste, water, and sugar), molasses, white vinegar, apple cider vinegar, lemon juice concentrate, salt, garlic powder, chili pepper powder, and onion powder.
Are there any preservatives in this sauce?
No. This sauce contains no preservatives.
Is this sauce gluten-free?
Yes. This sauce is gluten-free with no GMO ingredients.
What is the expiry date of Sienna Sauce?
The sauce is manufactured in small batches and will have an expiry as indicated on its packaging. It’s made with fresh-squeezed lemon juice and olive oil, which makes for a great grilled piece of meat or fish.
What are the methods of payment?
The company accepts all major credit cards, such as Visa, MasterCard, and American Express.
What is the net worth of Tyla-Simone Crayton?
The net worth of Tyla-Simone Crayton is not known.