Audea

Audea

Closed: Jan. 2023

About this raise

Audea, with a valuation of $5 million, is raising funds on Wefunder. The company has developed a search engine for spoken-word audio. The business uses proprietary data and AI to get the creators discovered and serve the best content to consumers. Audea enables users to use keywords in their tags and descriptions and show up when someone searches. The content on Audea will not exist on RSS platforms and will not be rooted in episodic and podcast formats. Amit Kukreja founded Audea in April 2021. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $500,000. The campaign proceeds will be used for content creation, marketing, development, and office space.

Expand

Investment Overview

Invested this round:
$277,413 - RegCF
$329,913 - Total

Deal Terms

Total Commitments

Platform
Wefunder
Start Date
06/30/2022
Close Date
01/13/2023
Min. Goal
$50,000
Max Goal
$500,000
Min. Investment

$100

Security Type

SAFE

Company Stage

Early Stage

SEC Filing Type

RegCF / RegD 506(c)    Open SEC Filing

Valuation Cap

$5,000,000

Discount

0%

Company & Team

Company

Year Founded
2021
Industry
Media, Entertainment & Publishing
Tech Sector
MediaTech
Distribution Model
B2C
Margin
Medium
Capital Intensity
Low
Location
Saryeville, New Jersey
Business Type
Life Style
Company Website
Visit Website

Team

Employees
2
Prior Founder Exits?
No
Founder Name
Amit Kukreja
Title
CEO
Founder Name
Amine Nabi
Title
CTO

Financials

 Revenue
$0
 Monthly Burn
$201
 Runway
0.6 months

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-2,409

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$126

$0

Accounts Receivable

$0

$0

Total Assets

$126

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

Create a free account today to gain access to Kingscrowd analytics and financials.

Upgrade to gain access

Pay Monthly
Annually (2 months free)

Edge

$12.50 /month
billed annually
Free portfolio tracking, data-driven ratings, AI analysis and reports
Plan Includes:
Everything in Free, plus
Company specific Kingscrowd ratings and analyst reports
Deal explorer and side-by-side comparison
Startup exit and failure tracking
Startup market filters and historical industry data
Advanced company search ( with ratings)
Get Edge Annual
Already a member? Log in here.

Ratings Kingscrowd Startup Rating Methodology Article

Blurred Ratings Bars Blurred Ratings Bars

Company Funding & Growth

Funding history

Total Prior Capital Raised
$52,500
VC Backed?
Yes
Close Date Platform Valuation Total Raised Security Type Status Reg Type
01/13/2023 Wefunder $5,000,000 $329,913 SAFE Funded RegCF / RegD 506(c)
Create a free account today to gain access to Kingscrowd analytics.
Founders: enhance your startup's credibility on Kingscrowd. Create an account to claim this raise page.
Add to portfolio
Audea on Wefunder 2022
Platform: Wefunder
Security Type: SAFE
Valuation: $5,000,000

Follow company

Follow Audea on Wefunder 2022

Buy Audea's Deal Report

Warning: according to the close date for this deal, Audea may no longer be accepting investments.

Audea Deal Report

Get Kingscrowd's comprehensive report on Audea including:

  • How our proprietary algorithm rates their current capital raise (1-5 stars)
  • Detailed price, market, team, differentiators, performance, and risk ratings
  • Whether Audea is undervalued or overvalued
  • Scores on the founding team and key personnel's background and expertise

Buy the Audea deal report for only $10!

Email address:
Looking to buy more than one deal report? Get unlimited reports by upgrading to Edge