Dan Clark Audio

Dan Clark Audio

Proprietary High-end Headphones

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Security Type
Equity
Categories
Other
Min Investment
$239
Location
San Diego, CA
Offering Date
May 29, 2020
Expected Close Date
August 28, 2020
Target Raise
$10.00K-$1.07M
Deal Notes

$6.82 per share

Valuation
$7,502,000

Company Description

Dan Clark Audio designs and builds high-end headphones with proprietary designs that create a dazzlingly lifelike, and very comfortable, experience.

Perks

$500+ | Join the Club - Gain access to Club DCA, receiving 15% off all purchases
$1,000+ | The Melody - Gain access to Club DCA, receiving 15% of all purchases + 6 months subscription to Qobuz Music Streaming
$2,500+ | The Chorus - Gain access to Club DCA, receiving 15% of all purchases + 6 months subscription to Qobuz High-Quality Music Streaming + Aeon RT Headphone
$5,000+ | Drop the bass - Gain access to Club DCA, receiving 15% of all purchases + 6 months subscription to Qobuz High-Quality Music Streaming + HeL Yeah Bundle (Includes AEON Headphones, Amp and Microphone)
$10,000+ | Hit the High Notes - Gain access to Club DCA, receiving 15% of all purchases + 1 year subscription to Qobuz High-Quality Music Streaming + Ether2 Headphones
$20,000+ | Drop the mic** - Gain access to Club DCA, receiving 15% of all purchases + 1 year subscription to Qobuz High-Quality Music Streaming + Trip to San Diego with a factory tour and headphones of your choice
*All perks occur after the Offering is completed.
**International investor pays travel costs, accommodations provided. Domestic investors receive air travel and accommodations.

Key Deal Facts

Wide Traction - $2m+ in Sales in 2019 — with sales in over 80 countries and tens of thousands of happy customers over the years
Great Team - Filled with industry veterans, with experience at Apple, Compaq, and Beats By Dre, along with audio engineers who have toured with legends like Fleetwood Mac, David Bowie, and Aerosmith
Strong IP - with five patents and a huge portfolio of industry awards, Dan Clark Audio has proprietary designs made to delight your ears with the highest quality audio

Use of Proceeds

Marketing, Research & Development, Company Employment, Operations, Inventory, Working Capital, StartEngine Platform Fees

Management Team / Advisory Board Bios

Dan Clark
CEO
Dan Clark holds a BS in Engineering and an MBA. Prior to founding Dan Clark Audio (formerly MrSpeakers) in 2012, Dan had 30 years experience as an executive and senior manager in high-tech marketing and product management. His experience covers companies ranging from Apple Computer and Sun Microsystems to ESET, a leading vendor of internet security solutions. Dan's audio experience began in high-school where he worked doing sales and occassional equipment upgrades at an audio retailer, to designing speakers and subwoofers as a consultant in the 1990s.

Andy Regan
President
Andy has 40 years experience in the music and audio industries. He started his career doing front-of-house sound for large touring acts in the 1970s, then moved into high-end audio. His audio experience includes a tenure leading sales for Beats By Dre, as well as President of JH Audio, where he increased sales 500% during his tenure.

Jason Egger
Chief Engineering Officer
Jason holds a BSEE degree, and has spent the last decade working in high-end movie camera and high-end audio development. Jason has been a lifelong audio enthusiast and has applied his passion for the craft to all aspects of our product development.

Peter N. Townshend
Secretary of the Board
Peter has a BA in English and Economics from Yale University, a JD from the U.C. Berkeley Boalt Hall School of Law, and an MBA from the U.C. Berkeley Haas School of Business.
He is a leading authority on topics relating to technology start-up companies, angel and venture capital, and technology start-up company mergers and acquisitions. Peter works part-time and contributes approximately 5 hours to Dan Clark Audio, Inc. on a monthly basis.

Deal Notes

$6.82 per share

Amount Raised : $232,909
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