Dome Audio
Early Stage
Producing proprietary, disruptive technology headphones for music lovers around the world.
Overview
Raised: $220,291
Total Commitments ($USD)
Platform
PicMii
Start Date
07/08/2021
Close Date
08/31/2023
Min. Goal
$10,000
Max. Goal
$250,000
Min. Investment
$250
Security Type
Equity - Common
Series
Pre-Seed
SEC Filing Type
RegCF
Price Per Share
$0.64
Pre-Money Valuation
$28,810,696
Rolling Commitments ($USD)
Status
Funded
Reporting Date
09/03/2023
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$281
Momentum
Funded
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Year Founded
2019
Industry
Media, Entertainment & Publishing
Tech Sector
MediaTech
Distribution Model
B2C
Margin
Medium
Capital Intensity
High
Dome Audio, a sound technology company, is raising crowdfunding on PicMii. The triple-patented design of Dome Audio comes with Surround Sound, Bluetooth, and Bone Conduction and is revolutionizing the headphone experience. The Dome Audio headphones provide open and closed ear listening options, reduced situational awareness deficits, and a full-fidelity audio experience. Ben White founded Dome Audio in April 2019. The proceeds of the current crowdfunding round, with a minimum target of $10,000 and a maximum target of $250,000, will be used for growth and expansion. Dome Audio has already developed an asset portfolio and implemented advertising. The company has also initiated negotiations with brand influencers and brand ambassadors for the promotion of its products.
Summary Profit and Loss Statement
| FY 2022 | FY 2021 | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-443,966 |
$-231,476 |
Summary Balance Sheet
| FY 2022 | FY 2021 | |
|---|---|---|
|
Cash |
$81,682 |
$138,190 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$129,018 |
$138,226 |
|
Short-Term Debt |
$329,965 |
$313,999 |
|
Long-Term Debt |
$407,907 |
$312,551 |
|
Total Liabilities |
$737,872 |
$626,550 |
Financials as of: 07/08/2021
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