This company is no longer in business. Investors can get details about any potential exits or failures here.

OSSIC

OSSIC

Early Stage

The ultimate 3D listening experience.

The ultimate 3D listening experience.

Overview

Raised to Date: Raised: $131,762

Total Commitments ($USD)

Platform

StartEngine

Start Date

02/19/2018

Close Date

04/23/2018

Min. Goal
$10,000
Max. Goal
$1,070,000
Min. Investment

$500

Security Type

Equity - Preferred

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$3.81

Pre-Money Valuation

$20,022,716

Rolling Commitments ($USD)

Status
Not Funded
Reporting Date

04/28/2018

Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise

$2,125

# of Investors

104

Momentum
Not Funded
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Year Founded

2024

Industry

Consumer Products, Goods & Services

Tech Sector

Location

Encinitas, California

Who Should Be Interested:
Are you ready for the audio revolution? Do you want headphones to create a more immersive experience -- and take your music and VR to a new level? If this sounds like you, then OSSIC could be the investment you’ve been waiting for. Their headphones take audio to the next level, delivering an unparalleled experience that’s both immersive and innovative.

The Company:
OSSIC is here to revolutionize the world of audio. They’ve created the OSSIC X smart headphones, which leverage a proprietary technology platform to deliver the most immersive audio experience possible. The platform focuses on individual anatomy calibration to represent the real 3D sound we hear each day. The technology behind their headphones also significantly increases localization accuracy and sound quality, which means that the sound accuracy is increased from 20% to 90%; they have 14 patents and registrations pending; and their technology platform is modular, so it can extend into other smart hardware and software applications. To start, OSSIC launched one of the most successful Kickstarter campaigns and received over 13,000 pre-orders for $3.5M for the OSSIC X, with the first units shipped out in January 2018. They’ve also received numerous industry awards, such as the CES “Best of Innovation” 2017 for all Headphones award and Popular Science Magazine’s “Best of What’s New” for 2016 Grand Award.

The Bottom Line:
OSSIC’s headphones help each listener unlock the full potential of audio entertainment. Their headphones and products are the future of audio, and they’re leading the revolution -- one immersive audio experience at a time.
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OSSIC on StartEngine
Platform: StartEngine
Security Type: Equity - Preferred
Valuation: $20,022,716
Price per Share: $3.81

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

OSSIC Deal Report

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