Como Audio

Como Audio

Smart speakers for your entire home. No smartphone or computer needed.

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Security Type
Preferred Stock
Categories
Other
Min Investment
$3
Offering Date
March 27, 2019
Expected Close Date
June 25, 2019
Target Raise
$100.00K-$1.07M
Deal Notes

$2.50 per share

$100K+ pro rata right threshold

Valuation
$10,000,000

Company Description

Smart speakers for your entire home. No smartphone or computer needed.

Perks

$500+ 25% off of one Como Audio purchase made in 2019 (not for re-sale)
$1,000+ 30% off of one Como Audio purchase made in 2019 (not for re-sale)
$5,000+ 40% off of one Como Audio purchase made in 2019 (not for re-sale)

Key Deal Facts

Nearly $2M in sales last year.
330+ dealers and retailers in 25 countries.
More than $1.5M in paid-up inventory worldwide.
50% YoY growth in smart speaker market from 2017-2018.
Raised almost $500,000 on Kickstarter from 1,500+ backers.
Delivered Kickstarter rewards early.
For all four products, average Amazon review is 4.2 out of 5 sta

Use of Proceeds

Working Capital, Salaries, Marketing

Management Team / Advisory Board Bios

Thomas DeVesto - Como Audio Founder/Designer
Audio Hall of Fame Designer. Founder/CEO of Cambridge Soundworks and Tivoli Audio (both acq.).

Deal Notes

$2.50 per share

$100K+ pro rata right threshold

Amount Raised : $269,203
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Security Description

Preferred securities are a type of investment that generally offers some sort of preferred treatment through a dividend or preferred treatment in a liquidation.

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