Chamillionaire Invests In Teen’s Texas-Based Condiments Company, Sienna Sauce
Grammy winning recording artist, turned startup angel investor, Chamillionaire believes in an emerging condiments company, run by a 16-year old from Texas, so much he is actively promoting a crowd-investment on Republic.co for the brand, Sienna Sauce.
Runner-up in a $100K pitch competition hosted by Chamillionaire, with Shark Tank star Damon John and multi-platinum rapper E40, Sienna Sauce kicked-off a crowd investment campaign on Republic.co (republic.co/sienna-sauce) to expand the company’s business operations. Chamillionaire’s endorsement of Sienna Sauce’s capital raise keeps a commitment made by the entrepreneur to highlight, not only the winner of the pitch competition, but also any finalists he believes are viable business ventures.
“Sienna Sauce was a runner-up in my pitch competition and I really like tracking this company,” says Chamillionaire in a statement on his personal Republic.co page. “I invested in Sienna Sauce because I back startups that have domain expertise, resiliency, and a roadmap that I believe could potentially lead to success.”
A former “entrepreneur in residence” at Upfront Ventures, Chamillionaire knows how to pick a great startup. An early investor in Maker Studios, the artist’s $1.5M investment resulted over $20M in earnings when the tech startup was purchased by the Walt Disney Company. Chamillionaire also made an early investment in the popular ride-sharing app Lyft. The rapper was one of the first to invest in Sienna Sauce when the crowd funding campaign went live.
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@Chamillionaire believes in the Sauce ???? * * Thank you Cham * * It’s officially 1 week since we launched our crowd-investing campaign Thank you!!! ???? Are you one of the 45 investors who believe in Sienna Sauce thus far. * * * ***CLICK LINK IN BIO*** * * We are so excited to announce our new investment campaign. You now have the opportunity to be a part of our success as well as journey. Open enrollment to invest in Sienna Sauce begins now. You can make an investment for as low as $50.00 ?. Go…… ? * *@joinrepublic * #support #crowdfunding #invest #now #funding #blackhistorymonth #minority #female #boss #brooklyn #usa #texas #foodie #business #money #family #friends #trending #ownership #growth #crowdinvest #investors #wealthcreation #powermoves
Launched in 2017, by “foodie” and wunderkind Tyla-Simone Crayton (age 16), it did not take long for the home-based business to be recognized for its “taste” and “flavor.” In 2018, and again in 2019, Sienna Sauce beat out 15 other brands to win “Best Sauce” in the coveted Sauce-A-Holic Fest. However, Crayton’s biggest prizes also came with revenue that allowed her to grow the company. Sienna Sauce won $25,000 on the Good Morning America show “Strahan, Sara and Keke” as a part of the Side Hustle Showdown, and another $10K from the Revolt Pitch Competition.