nēdl

We give everybody their own live call-in radio show with transcription and tips!

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Form C
View on Republic
Security Type
Crowd SAFE
Categories
Media, Technology, Entertainment, Community & Lifestyle
Min Investment
$150
Location
SANTA MONICA, CA
Offering Date
May 20, 2021
Expected Close Date
April 30, 2022
Target Raise
$25.00K-$535.00K
No. Investors
334
Security Price
$1
Website
home.nedl.com
Number of Employees
0
Cash
$6,473
Revenue
$187
Short Term Debt
$33,700
Cost of Goods
$0
Long Term Debt
$202,460
Net Income
$-140,870

Company Description

Democratize access to the microphone. nēdl is democratizing access to information and the microphone itself. Our patent and technology evens the playing field for anybody to be discovered. Short term, we'll reach a tipping point of broadcasters and become the premiere platform for audio creation and discovery. Long-term, we'll grab 5% of the global radio market by providing a superior platform for broadcasters to find an audience and be heard.

Key Deal Facts

Content creation app & AI-powered search engine for live audio broadcast.
Democratize audio and level the playing field for discovery.
1 of 12 startups in Google's inaugural Voice AI Accelerator.
$1.6M raised to date.
Backed by Sweet Capital, Backstage Capital, amongst others.
Serial entrepreneur in live broadcast; creator of iHeartRadio's mobile app.

Management Team / Advisory Board Bios

Ayinde O. Alakoye, Founder
Ayinde is the CEO of nēdl, an inventor, former Executive Board Member of the Developers Alliance, and creator of iheartradio's original app. Ayinde also served as a Speechwriter for Presidential Candidate Barack Obama in 2008.
Amount Raised : $155,019
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Valuation

Security Description

An equity crowdfunding specific version of a SAFE used by crowdfunding portal Republic. Upon conversion (if and when that happens), investors may receive special shares with limited rights that do not show up on a company’s cap table. The issuer may roll over and not convert shares at the next financing round causing investors to lose out on some upside.

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