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Security Type
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Crowd SAFE
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Categories
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Other
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Min Investment
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$150
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Offering Date
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March 22, 2021
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Expected Close Date
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June 30, 2021
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Target Raise
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$25.00K-$1.07M
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Deal Notes
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Price Per Share: $1.00
Company Description
Vision Redefining the shape of soundThe floppy disk was the primary medium for external writable storage for decades, and it was immortalized as the save icon. Today's generation hardly realizes that that's what the save icon represents, as the floppy disk was replaced by far more efficient external data storage methods.The conventional electrodynamic speaker driver has been the primary medium for delivering sound from products to your ears for a century; and has been immortalized as the volume icon. Tomorrow's generation will hardly recognize the volume icon as the speaker driver, as they'll have grown up surrounded by FCS-Enabled products.
Perks
Invest $150
Receive
$150 Crowd SAFE
Own a part of Resonado Labs
Invest $500
Receive
$500 Crowd SAFE
Added to Investor Email List for Exclusive Updates
Invest $1,500
Receive
$1,500 Crowd SAFE
Added to Investor Email List for Exclusive Updates
Invest $2,500
Receive
$2,500 Crowd SAFE
Added to Investor Email List for Exclusive Updates
Exclusive Preview of FCS-Enabled Products Launching in Y2021
Invest $5,000
Receive
$5,000 Crowd SAFE
Added to Investor Email List for Exclusive Updates
Exclusive Preview of FCS-Enabled Products Launching in Y2021
Early Prototypes of FCS-Enabled Bluetooth Speakers (Discontinued)
Invest $10,000
Receive
$10,000 Crowd SAFE
Added to Investor Email List for Exclusive Updates
Exclusive Preview of FCS-Enabled Products Launching in Y2021
Virtual/In-Person Technology Demo (Chicago)
Early Prototypes of FCS-Enabled Bluetooth Speakers (Discontinued)
Conversation with CEO (Chicago)
Invest $25,000
Receive
$25,000 Crowd SAFE
Added to Investor Email List for Exclusive Updates
Exclusive Preview of FCS-Enabled Products Launching in Y2021
Virtual/In-Person Technology Demo (Chicago)
Early Prototypes of FCS-Enabled Bluetooth Speakers (Discontinued)
Conversation with CEO (Chicago)
FCS-Enabled Soundbars upon Commercial Launch (Q3/Q4 Y2021)
Invest $50,000
Receive
$50,000 Crowd SAFE
Added to Investor Email List for Exclusive Updates
Exclusive Preview of FCS-Enabled Products Launching in Y2021
Virtual/In-Person Technology Demo (Chicago)
Early Prototypes of FCS-Enabled Bluetooth Speakers (Discontinued)
Conversation with CEO (Chicago)
FCS-Enabled Soundbars upon Commercial Launch (Q3/Q4 Y2021)
Lunch/Dinner with CEO (Chicago)
Key Deal Facts
Technology licensor introducing the speaker reinvented
Over $200k revenue to date
$6M in deal pipeline, $2M of revenue projected for 2021
Signed contracts with international manufacturers
$2.2M in funding to date from 500 Startups, Notre Dame's IDEA Center, etc.
$33B addressable high-growth market
Featured on media outlets such as Forbes, TechCrunch, NBC Chicago, etc.
Use of Proceeds
- Intermediary Fee 6%
- Sales and Marketing 5%
- Research and Development 30%
- Capital Expenditures 11%
- Staffing 40%
- Office Equipment 3%
- Office Lease 5%
Management Team / Advisory Board Bios
Resonado Labs was founded at the University of Notre Dame by Brian Youngil Cho, CEO, Peter Moeckel, COO, and Erikc Perez-Perez, CMO. The Resonado Labs team grew to include LH Cho, CTO, a serial entrepreneur with multiple startup exits including 1 IPO in Korea (KOSDAQ 36880), industry veterans with over 100 years of combined experiences in audio, and former audio executives on the board of advisors.
