Black tech founder makes inroads to raising $500k. Significant contributions made by Charles Huang, of Guitar Hero and Andy Rachleff, of Benchmark/Wealthfront
Online PR News – 16-October-2020 – Early on in their fundraising campaign on Republic, Audios has already seen some phenomenal traction. Significant contributions have been made by lead investor Charles Huang, co-creator of Guitar Hero and joining Huang as co-lead investor is Andy Rachleff, Benchmark co-founder and the current CEO of Wealthfront.
Audios, a start-up in the world of audio technology, is in the middle of its first wave of crowdfunding via a campaign on Republic.co/audios. What makes Audios unique is that it has created the first truly cableless loudspeaker for events and venues utilizing their own patented technologies.
Now, momentum is really building as the campaign nears the $200k mark. The campaign launched just over three weeks ago and since then, Audios has seen a steady stream of investments. In the first week they topped $55k. In the second week they reached $132k, and in the third week they are close to eclipsing the $200k mark.
Founded by HP alum Erik Young, Audios was created from the ground up as a revolutionary way to turn the speaker industry on its head. "We're building the first fully wireless loudspeakers. With Audios all you have to do is place the speakers where you want them and press the power button. The speakers automatically build their own wireless network, connect to each other and start streaming. That means you have zero cables and that equals zero cable replacements. For a 300-person event space that would take about an hour to set up, it only takes 10 minutes with Audios," states Young.
Audios is looking to change the way that people consume music. Their strategy is to begin with commercial loudspeakers through audiences such as DJs, event planners, wedding planners, and venues and event locations. They do not intend to stop there. That is just the beginning according to Young.
The need for a speaker solution like this has serious implications today. In a Covid-19 world, where social distancing is the norm, Audios takes center stage. Since their speakers are cableless and battery powered, this allows up to 16 speakers to be placed at a distance of 100 feet each. With Audios you can put the speakers anywhere you need them to be - indoor or outdoor.
"I'm very excited about our growing team and I know that Audios is in extremely good hands. We would love to have you join our investor team," says Young.
Join the revolution. Invest in the future of sound.
To learn more about Audios and to contribute to their campaign, please visit their campaign page on Republic.co/audios. Investments begin at the $100 level.