CLOSED
GET A PIECE OF AUDEA
Ultra Smart Audio
AUDEA® is reimagining how people listen to music. AUDEA is a new class of smart speakers and headphones that dramatically simplifies and enhances your music experience by giving you the freedom to instantly and easily play your favorite music with or without your smartphone. Our integrated, user-adjustable 13 band Equalizer (EQ) allows you to adjust the sound quality just how you like it. Our ability to add auxiliary speakers dramatically enhances the rich and immersive audio experience.
$64,702.18 Raised
REASONS TO INVEST
Patent Protected: We have a strong autonomous smart headphone patent.
The Time is Right: AUDEA® is shipping to an unserved billion-dollar high-end niche sector.
Booming Market: Global smart speaker and smart headphones sales are expected to grow to $57.3 billion in 2025 from $30 billion in 2021.
Overview
Say hello to the next generation of “ultra-smart” entertainment
We believe that we have the highest quality smart speakers and headphones because, according to our research, they are the first to incorporate a high definition music player, a 13-band equalizer, and are expandable with high fidelity speakers.
AUDEA® is the next generation of ultra-smart speakers and headphones.
AUDEA® is the ultimate entertainment experience.
the problem
We believe today's smart speakers have mediocre audio quality, limited features & can be difficult to use
We believe today's smart speakers are generally low quality and inconvenient.
Smart speakers today are just that - speakers. They are not all-in-one, high quality, expandable sound systems. They lack the ability to run music apps, and therefore, you can’t browse and play your music without using your phone, which can be a hassle. Music enthusiasts want a better all-around music listening experience with greater freedom and with the highest sound quality possible.
Simply put, people want to be able to freely browse and play music at any level of quality with any music app, with or without using a phone.
Products currently available on the market lack important features such as a touch display, app processing, unlimited music app support, 13-band equalizer, add-on speakers, handheld remote control, two-way Bluetooth, audio input and outputs plus a number of other important features.
THE Solution
*AUDEA STREAMZ headphones are in the prototype phase and not currently available on the market.
AUDEA Autonomous Ultra Smart Speakers and Headphones
AUDEA’s patented autonomous technology solves the problems of today’s smart speakers and headphones. We own an autonomous voice control headphone patent that we believe many companies will want to license or own. Because our autonomous “ultra-smart” products have everything built-in, they don’t depend on a phone and ultimately are easier to use, higher quality, and more reliable. Our ultra-smart speaker does everything a basic smart speaker does plus it runs any music app of your choice including Spotify, Pandora, Apple Music, YouTube Music, Tidal, SiriusXM plus hundreds more. AUDEA can also play movie and video apps such as Netflix, YouTube, and Zoom which can be cast to a smart TV.
AUDEA supports Google Voice Assistant. AUDEA can be customized with thousands of Google Play apps to meet any application including home automation control of lighting, security, temperature, web security cams, and anything a voice-controlled smart speaker supports.
With its onboard storage and an add-on battery, you can even download, browse, and play your music library without needing a WIFI connection or a power outlet.
AUDEA VOXXI® Customizable Private AI Voice Control
*AUDEA VOXXI is not currently available on the market.
AUDEA’s VOXXI® customizable voice control software allows you to replace fixed multiple wake words like “Hey Google” with a single custom wake word such as “Voxxi” and create custom voice commands such as “Voxxi, set the EQ to rock” or “Voxxi, what Beatles albums do I have?” VOXXI® allows you to personalize and enhance the natural conversational voice control of your music experience.
VOXXI® works with AUDEA’s “Private Voice Control” (PVC) feature that ensures that your conversations cannot be eavesdropped by online voice control companies. We believe that VOXXI®’s AI (Artificial Intelligence) voice control represents yet another way that AUDEA is well poised to disrupt, enhance, and revolutionize the human-machine interactive entertainment experience. AUDEA plans to release VOXXI® in 2022.
AUDEA plays music with or without a phone
AUDEA can play music with or without a phone over WIFI, Apple AirPlay or Bluetooth.
*AUDEA STREAMZ headphones are in the prototype phase and not currently available on the market.
AUDEA Streamz headphones Autonomous Ultra Smart Headphones
AUDEA Streamz headphones are patented autonomous ultra smart headphones. They incorporate the same ultra high quality features of AUDEA speakers. We are planning to release AUDEA Streamz headphones in 2022.
We own a 30 claim patent on autonomous voice-controlled headphones that we believe companies like Apple, Sony, Samsung, Bose, Facebook/Oculus, and many others will want to license or own in order to protect their dominant position in the multibillion-dollar smart headphones and Virtual Reality (VR) goggle headset market.
*AUDEA STREAMZ headphones are in the prototype phase and not currently available on the market.
Live the high life in high def
Unlike today’s Bluetooth headphones, AUDEA Streamz headphones
is not limited in sound quality because it incorporates an all-in-one, high-definition music player and a 13 band equalizer (EQ). They can play high-definition music stored in its 128GBs of storage, from local area network storage, or play web streaming music over WIFI and from a smartphone over Bluetooth.
AUDEA Streamz headphones frees athletes from having to carry bulky phones. With its customizable graphic color display and unparalleled premium sound quality, we hope AUDEA Streamz headphones becomes the next, new cool headphones to wear - especially by the younger generation.
*AUDEA STREAMZ headphones are in the prototype phase and not currently available on the market.
Free yourself with AUDEA
*AUDEA STREAMZ headphones are in the prototype phase and not currently available on the market.
AUDEA Features and Benefits
- A display that allows you to browse and play music by cover art, playlist, genre, artist, etc. without a phone
- An app processor that runs thousands of music and other apps
- Plays true HD quality music (96kHz/24 bit) with a 13-band equalizer (“EQ”)
- Expandable with affordable, high fidelity amplified stereo speakers or by connecting to an existing home stereo system
- Convenient remote control instantly open apps and controls music playback
- Remote control’s “Private Wake Key” prevents online voice control companies from eavesdropping on conversations
- "Two-way Bluetooth" allows you to stream music FROM your phone and TV or stream TO Bluetooth headphones and speakers
- Unique audio input allows you to play music from TV, phonograph and other audio devices
Plays music you own from free Google Drive, DropBox and other cloud storage services
Plays music without WIFI from onboard storage
Optional add-on battery allows you to play music without AC power
The Ultimate High Quality Smart Speaker and Headphones
Dramatically expand and enhance your audio experience
AUDEA offers exceptional quality because everything including a high resolution music player, equalizer, and intelligent volume control is built in. AUDEA allows you to add amplified speakers to dramatically expand the volume level and enhance the spatial, immersive sound experience. The improvement in sound quality is only limited by your budget.
*AUDEA SoundMate 2 Speakers are in the prototype phase and not currently available on the market.
AUDEA TRIO 2 With AUDEA Q1 and 2 SoundMate 2 100 Watt Speakers
Add your own speakers or AUDEA’s SoundMate speakers which are based on a classic 2-way sub-woofer-tweeter design that incorporates a rich-sounding bass reflex air-port. They deliver super deep and crisp, crystal-clear immersive audio with a low noise class A/B amplifier that has a Total Harmonic Distortion (THD) of less than 1%.
Create your own ultra smart home stereo system
Transform your existing home stereo into an ultra smart stereo system by connecting AUDEA to your home Audio Video Receiver (AVR), audio amplifier, or amplified speakers. Use Google Chromecast to cast and watch Netflix movies, YouTube Music, and other videos on your smart TV.
You name it we play it.
With AUDEA, you don’t have to be limited to one music store or a few online streaming apps. While other smart speaker companies only play music from THEIR respective music stores and only stream music from a limited number of music apps, AUDEA plays them all!
How We Compare
We are not aware of any direct competitors to AUDEA’s autonomous, patented technology.
AUDEA is a new generation of Class 4 “Ultra Smart Speaker and Headphones”. Based on our research, we believe that no other smart speaker or headphones incorporate tech comparable to AUDEA’s Ultra Smart app processor, high-definition music player, 13-band equalizer, and expandable speakers.
The 4 Classes of Smart Speakers
Class 4 Ultra Smart Speaker (AUDEA®) – High-quality audio. Has display and app processor.
Class 3 Smart Display – Average audio quality. Has display. No app processor.
Class 2 Smart Speaker – Average audio quality. No display. No app processor.
Class 1 Voice Assistant – Low audio quality. No display. No app processor.
Our Business Model
We anticipate that the majority of revenue generated over the next 3 years will come from four sources, namely online sales, custom home integrators, international distribution, Original Equipment Manufacturing (OEM) technology, and patent licensing fees. We also plan to sell products on our own AUDEA online store.
- Retail Online Sales – We currently sell our product through our own website, but we are planning on expanding our distribution model to retail stores such as Amazon, BestBuy.com, Newegg, B&H, CDW, Crutchfield, Micro Center, Fry's and many other retail outlets.
- Custom Home Integrators – There are thousands of Custom Home Integrators in the USA that install custom audio and video entertainment systems into homes. Integrators can customize AUDEA to the home owner’s unique entertainment and smart home automation applications and preferences.
- International Distributors – International distributors store and distribute consumer electronics to tens of thousands of retail dealers and custom home integrators around the world.
- OEM Licensing – We have sold our first OEM license to our Chinese Streamz smart headphone manufacturer who is also a shareholder in Audea Inc. They have manufactured headphones for leading headphone companies around the world. We are planning on expanding our OEM licensing program of both our patented smart headphones and our smart speakers with well-established companies. These OEMs specialize in producing high quality acoustic audio products and have little or no experience in smart computer-based hardware and software. We believe AUDEA is the first and only smart speakers and headphones based on an open, customizable architecture. Other OEM “private labeled” voice-controlled smart speakers and headphones are based on either Amazon’s or Google’s fixed-function, closed architecture and don’t offer custom high-quality, ultra-smart features like those powered by AUDEA.
the market
AUDEA® uniquely serves a billion-dollar, high-end niche market
The global smart speaker market is expected to grow from $19.6 billion in 2021 to $35.5 billion by 2025.
The global smart headphone market is expected to grow from $10.5 billion in 2021 to $21.8 billion by 2025.
Smart Speaker Market To Reach $35.5 Billion By 2025
AUDEA uniquely serves the high-end, high-quality sector
Our company is focusing on the unserved high-end, high-quality sector of the market. We estimate that approximately 5% of smart speaker consumers would prefer a higher quality, feature-rich, smart speaker which roughly translates to approximately $1 billion of the total $19.6 billion 2021 global smart speaker market.
The company estimates the high-end sector of the smart speaker market will grow to approximately 11% of the total $35.5 billion global market in 2025 or approximately $4 billion in sales.
This trend mirrors the projected growth of the high-end sector of the global smart headphone market, which is estimated to grow from $530 million in 2021 or 5% of the total $10.6 billion market, to $2.18 billion or 10% of the total $21.8 billion smart headphones market by 2025.
*AUDEA STREAMZ headphones are in the prototype phase and not currently available on the market.
Our Traction
We are proud to share some of our recent company milestones:
*These testimonials may not be representative of the experience of other customers and is not a guarantee of future performance or success.
why invest
Reimagine entertainment with us
*AUDEA STREAMZ headphones are in the prototype phase and not currently available on the market.
AUDEA’s vision is to produce the absolute highest-quality, most advanced “Ultra-smart speakers and headphones” in the world. Since no other company offers any autonomous "ultra smart" products, we have the opportunity to create a brand-new category of patent-protected, ultra-smart audio products and capture a dominating position in this fast-growing, high-end sector.
We invite you to join us to reimagine the world of entertainment!
Ultra Smart Audio
ABOUT
HEADQUARTERS
1330 East Hansen Hollow Pl
Millcreek, UT 84124
WEBSITE
View Site
AUDEA® is reimagining how people listen to music. AUDEA is a new class of smart speakers and headphones that dramatically simplifies and enhances your music experience by giving you the freedom to instantly and easily play your favorite music with or without your smartphone. Our integrated, user-adjustable 13 band Equalizer (EQ) allows you to adjust the sound quality just how you like it. Our ability to add auxiliary speakers dramatically enhances the rich and immersive audio experience.
TEAM
Douglas Kihm
Chief Executive Officer, President, Corporate Secretary, and Chairman of the Board
Highlights
• Founder, Chief Executive Officer of Audea®, Mozaex®, and Axonix®
• Author of issued 30 claim AUDEA Inc. patent
• Developed, licensed, and sold to IMAX® custom Mozaex movie servers
• Helped develop Soundstream®, the world’s first digital music player
• BS Electrical Engineering degree from University of Utah
Lloyd Stewart
Chief Financial Officer
Highlights
• Chief Financial Officer Helped take Thoratec Corp. public. 2014 Market Cap: $2.2 Billion
• Founder, Chairman of Stewart-Reiss Laboratories, sold to Sterling Medical.
• Bachelor’s degree at Stanford University, Palo Alto, CA
• MBA in Finance at the Harvard Business School, Boston, MA.
Tyler Gilbert
Senior R&D Engineer Consultant
As an engineering consultant Tyler has been the lead designer of both the Streamz smart headphones and the AUDEA smart speaker.
Highlights
• 14 years of award winning system engineering design
• Founder CTO, Stratify Labs, Inc
• MS Electrical Engineering, Stanford University
• BS Electrical Engineering. United States Air Force Academy
Randell Young
Advisor
Highlights
• Managing General Partner of Venture-Net Partners
• Early-stage investor and board member of Accuray Incorporated (ARAY)
• Director on board of Thorium Manufactured Reactors; iSparked Studios among other companies
• Doctorate in music (D.Mus.) from City University Los Angeles
Lloyd Brown
Director
After founding and owning a car business he started Motor Sportsland, an RV dealership in Salt Lake City and spent the next 45 years as its CEO and principal owner building that business into Utah’s top RV dealer.
Mr. Brown is now a retired investor but enjoys sharing his extensive experience in church and business affairs with others, including Audea. as a member of its Board of Directors.
Tim Simonsen
Director
Mr. Simonsen’s diverse experience encompasses sales, leasing, development, property management and finance. His extensive knowledge of the business is drawn from involvement in thousands of transactions, many of which required creative and innovative strategies.
He was recognized as the number-one producing agent in the world for Coldwell Banker Commercial in 2005, number one top producer in the Western Region and the number-one sales associate for the State of Utah.
Duane Bush
Director
The Company draws from his extensive background selling businesses and as a business owner and operator which gives him valuable insight into the inner workings of small business. His business ownership experience includes specialty sports retail, software and internet technology, national and international sales and distribution of products.
Mr. Bush has successfully managed and closed hundreds of transactions locally, nationally and overseas in the main street and lower middle-market arenas, representing both buyers and sellers.
TERMS
AUDEA
Overview
PRICE PER SHARE
$2.50
DEADLINE
Jun. 1, 2022 at 6:59 AM UTC
VALUATION
$12.26M
FUNDING GOAL
$10k - $1.07M
Breakdown
MIN INVESTMENT
$250
MAX INVESTMENT
$107,000
MIN NUMBER OF SHARES OFFERED
4,000
MAX NUMBER OF SHARES OFFERED
428,000
OFFERING TYPE
Equity
ASSET TYPE
Common Stock
SHARES OFFERED
Common Stock
Maximum Number of Shares Offered subject to adjustment for bonus shares
*Maximum number of shares offered subject to adjustment for bonus shares. See Bonus info below.
Voting Rights of Securities Sold in this Offering
Voting Proxy. Each Subscriber shall appoint the Chief Executive Officer of the Company (the “CEO”), or his or her successor, as the Subscriber’s true and lawful proxy and attorney, with the power to act alone and with full power of substitution, to, consistent with this instrument and on behalf of the Subscriber, (i) vote all Securities, (ii) give and receive notices and communications, (iii) execute any instrument or document that the CEO determines is necessary or appropriate in the exercise of its authority under this instrument, and (iv) take all actions necessary or appropriate in the judgment of the CEO for the accomplishment of the foregoing. The proxy and power granted by the Subscriber pursuant to this Section are coupled with an interest. Such proxy and power will be irrevocable. The proxy and power, so long as the Subscriber is an individual, will survive the death, incompetency and disability of the Subscriber and, so long as the Subscriber is an entity, will survive the merger or reorganization of the Subscriber or any other entity holding the Securities. However, the Proxy will terminate upon the closing of a firm-commitment underwritten public offering pursuant to an effective registration statement under the Securities Act of 1933 covering the offer and sale of Common Stock or the effectiveness of a registration statement under the Securities Exchange Act of 1934 covering the Common Stock.
Investment Incentives*
Overview
The company is offering investors the following perks during the course of the offering until it is closed.
Discounts of one-time purchased products are available on the following AUDEA products purchased on the AUDEA online store located here: www.myaudea.com.
Product Availability and Shipping Times
Product shipment delivery times are dependent on the availability of products on the AUDEA online store. Product availability may be limited and result in a delayed shipment of the product. Shipping delays of products from the company's off-shore manufacturer to the company's local fulfillment house could result in additional shipping delays and limited availability of the product on the AUDEA online store.
AUDEA products including one-time purchased and no-charge products, do not include applicable shipping costs which are added in the checkout of the AUDEA online store.
International product shipping method and cost are dependent on the country being shipped to.
USD MSRP = US Dollars Manufacturer Suggested Retail Price
Amount-Based Product Discounts
Discounts are only available for up to 120 days post final closing of the Offering. Recipients of discounts will need to place their order with their discount code on the AUDEA online store within 120 days post final closing of offering. “Post final closing” means when the offering is no longer available.
The company will contact the perk recipient and provide them with a discount code to purchase a product on a one-time basis or arrange shipment of a no-charge product.
Bonus Shares
Bonus shares are calculated by multiplying 10%, 20%, or 25% depending on the eligibility times the amount of shares purchased. So for example, if you are eligible for 10% bonus shares and purchased 1,000 shares of stock then you would receive 100 bonus shares.
Recipients of Bonus shares of stock will receive the Bonus shares through their StartEngine account.
Products Applicable to Perk Discounts
• AUDEA Q1 Retail MSRP USD - $399.00
• AUDEA TRIO 1 Retail MSRP USD - $749.00
• AUDEA TRIO 2 Retail MSRP USD - $1,098.00
Time-Based Bonus Shares Perks
Platinum Early Bird | Invest in first 72 Hours | 25% bonus shares in addition to any other eligible perks
Gold Early Bird | Invest in First 14 days | 20% bonus shares in addition to any other eligible perks
Silver Early Bird | Invest in Next 21 days |10% bonus shares in addition to any other eligible perks
Amount-Based Discount Perks
The value of the perk shown is approximate and is shown with the amount rounded up to the nearest one dollar.
Value of Perk is calculated by multiplying the discount percentage (for example: 10%) that is determined by the amount of investment, times the price paid for a one-time product purchased up to a maximum amount plus any eligible free product retail value.
The "Minimum Perk Value" assumes the discount on the purchased product is not exercised and therefore is based only on any eligible free product retail value.
Example of Amount Based Perk Value
Invest $2,500 to $4,999 and receive a free AUDEA TRIO ($749.00 Retail value) plus a 25% discount on a one time purchase up to $5,000. Value = From $749 up to $1,999.
- Example Perk Value Calculation: AUDEA TRIO 1 Retail value of $749 is Minimum Perk Value plus optionally 25% of up to $5,000 purchased product (up to $1,250) which equates to a $749 Minimum Perk Value up to a Maximum Perk Value of $1,999.
Amount-Based Discount Perks
1) Invest $500 to $999 - Receive a 20% discount on first purchase up to $5,000. Value = Up to $1,000
2) Invest $1,000 to $2,499 - Receive a free AUDEA Q1 ($399.00 Retail value) plus receive a 20% discount on first purchase up to $5,000. Value = From $399 up to $1,399
3) Invest $2,500 to $4,999 - Receive a free AUDEA TRIO 1 ($749.00 Retail value) plus a 25% discount on first purchase up to $5,000. Value = From $749 up to $1,999. 10% Bonus shares.
4) Invest $5,000 to $9,999 - Receive one free AUDEA TRIO 2 ($1,098.00 Retail value) plus a 30% discount on first purchase up to $10,000. Value = From $1,098 up to $4,098. 10% Bonus shares.
5) Invest $10,000 to $49,999 - Receive one free AUDEA TRIO 1 and one free AUDEA TRIO 2 ($1,847.00 Retail value) plus a 40% discount on first purchase up to $10,000. Value = From $1,847 up to $5,847. 20% Bonus shares.
6) Invest $50,000 to $107,000 - Receive two free AUDEA TRIO 1s and two TRIO 2s ($3,694.00 Retail value) plus a 50% discount on first purchase up to $10,000. Value = From $3,694.00 up to $8,694. 20% Bonus shares.
*All perks occur when the offering is completed.
The 10% StartEngine Owners' Bonus
Audea Inc. will offer 10% additional bonus shares for all investments that are committed by investors that are eligible for the StartEngine Crowdfunding Inc. OWNer's bonus.
This means eligible StartEngine shareholders will receive a 10% bonus for any shares they purchase in this offering. For example, if you buy 100 shares of Common Stock at $2.50 / share, you will receive 110 Common Stock, meaning you'll own 110 shares for $250. Fractional shares will not be distributed and share bonuses will be determined by rounding down to the nearest whole share.
This 10% Bonus is only valid during the investors eligibility period. Investors eligible for this bonus will also have priority if they are on a waitlist to invest and the company surpasses its maximum funding goal. They will have the first opportunity to invest should room in the offering become available if prior investments are canceled or fail.
Investors will only receive a single bonus, which will be the highest bonus rate they are eligible for.
Irregular Use of Proceeds
Example - The Company might incur Irregular Use of Proceeds that may include but are not limited to the following over $10,000: Vendor payments and salary made to one's self, a friend or relative; Any expense labeled "Administration Expenses" that is not strictly for administrative purposes; Any expense labeled "Travel and Entertainment"; Any expense that is for the purposes of inter-company debt or back payments.
ALL UPDATES
REWARDS
Owner’s Bonus
Owner’s Bonus Members earn 10% bonus shares on top of this and all eligible investments for an entire year. Not a member? Sign up at checkout ($275/year).
JOIN THE DISCUSSION
0/2500
Patrick Deeb
2 years ago
Hi Douglas, Very, very interesting and enticing product you have here. Please help me understand, and I’m certain this won’t be the first time you’ve been asked this: as a person who has outfitted his entire home with Sonos speakers and has been quite pleased with the convenience and available music services, I am keenly interested in understanding why I should give serious consideration to Audea as a replacement? I’m certain that you can tell me that the reason goes far beyond just Audea having a 13-band EQ. Thanks and congrats on the success so far, Patrick
1
0
Robert Thomas
2 years ago
I clicked on the Complete Investment button, and it brought me back to the same page. How do I know if it went through? Do not want to do it again and be double charged.
1
0
Nicolette Beck
2 years ago
I'm very excited about this and I have chosen to invest. I'm sick of needing to use my phone or laptop to be able to play music in the living room, and having songs interrupted by incoming calls, having the music stop if I step out, etc. The only criticism I would have here is the aesthetics-- thus far the Audea is a bit clunky, bulky, and awkward. Could you not model the look off of an 1980s boombox or 1940s record player? Vintage styles always looks better. If you made it look like a boombox, I'm sure everyone would want one.
1
0
Boyer Barner
2 years ago
How is the sound of your product better than my JBL 82 speakers that are hard-wired into my Technics SL turntable with a Studio Standard by Fisher amp? I live in Nashville. I live this stuff, and know all about new products such as yours. Sell me.
6
0
Johnny Cage
2 years ago
Just curious because at first I was interested in investing, but why would someone want to beam 5G EMI to their brain for hours just to listen to some violent rap music or whiny country music?
1
0
Patrick Hall
2 years ago
I followed up with customer support and they fixed everything. I'm a proud investor. Thank you again for your help and I look forward to seeing great things from Audea as well as using my new Audea Q1. How soon will you be sending those out to investors that qualify?
4
0
Patrick Hall
2 years ago
I just made another investment for the same amount and it's not showing up on my dashboard. I did keep the email this time. Can you see anything on your side? I see the investment in the dashboard website, I don't see it on the other website. I really wish there was some real time help from anyone!!
1
0
Patrick Hall
2 years ago
Hello Douglas, I see the investment in the dashboard website : 10 hours ago AUDEA Shares $1,035.00 ($1,000.00 + $35.00) There's nothing on the dashboard investment website. I sent screenshots to support. I can always do the investment again and cancel one if necessary.
0
0
Patrick Hall
2 years ago
Hello. I believe in your product enough that I became your first investor. I went to your webpage and I have a recommendation. Is it possible to add a "SHOP" icon at the top of the page to make it easier for people to make purchases? It took me a minute to find the icon that led me to be able to make a purchase. Thank you!
2
0
HOW INVESTING WORKS
Cancel anytime before 48 hours before a rolling close or the offering end date.
WHY STARTENGINE?
REWARDS
We want you to succeed and get the most out of your money by offering rewards and memberships!
SECURE
Your info is your info. We take pride in keeping it that way!
DIVERSE INVESTMENTS
Invest in over 200 start-ups and collectibles!
FAQS
Crowdfunding
With Regulation A+, a non-accredited investor can only invest a maximum of 10% of their annual income or 10% of their net worth per year, whichever is greater. There are no restrictions for accredited investors.
With Regulation Crowdfunding, non-accredited investors with an annual income or net worth less than $124,000, are limited to invest a maximum of 5% of the greater of those two amounts. For those with an annual income and net worth greater than $124,000, he/she is limited to investing 10% of the greater of the two amounts.
At the close of an offering, all investors whose funds have “cleared” by this time will be included in the disbursement. At this time, each investor will receive an email from StartEngine with their Countersigned Subscription Agreement, which will serve as their proof of purchase moving forward.
Please keep in mind that a company can conduct a series of “closes” or withdrawals of funds throughout the duration of the campaign. If you are included in that withdrawal period, you will be emailed your countersigned subscription agreement and proof of purchase immediately following that withdrawal.
StartEngine assists companies in raising capital, and once the offering is closed, we are no longer involved with whether the company chooses to list shares on a secondary market, or what occurs thereafter. Therefore, StartEngine has no control or insight into your investment after the close of the live offering. In addition, we are not permitted to provide financial advice. You may want to contact a financial professional to discuss possible investment outcomes.
For Regulation Crowdfunding, investors are able to cancel their investment at any point throughout the campaign up until 48 hours before the closing of the offering. Note: If the company does a rolling close, they will post an update to their current investors, giving them the opportunity to cancel during this timeframe. If you do not cancel within this 5-day timeframe, your funds will be invested in the company, and you will no longer be able to cancel the investment. If your funds show as ‘Invested’ on your account dashboard, your investment can no longer be canceled.
For Regulation A+, StartEngine allows for a four-hour cancelation period. Once the four-hour window has passed, it is up to each company to set their own cancelation policy. You may find the company’s cancelation policy in the company’s offering circular.
Once your investment is canceled, there is a 10-day clearing period (from the date your investment was submitted). After your funds have cleared the bank, you will receive your refund within 10 business days.
Refunds that are made through ACH payments can take up to 10 business days to clear. Unfortunately, we are at the mercy of the bank, but we will do everything we can to get you your refund as soon as possible. However, every investment needs to go through the clearing process in order to get sent back to the account associated with the investment.
Both Title III (Regulation Crowdfunding) and Title IV (Reg A+) help entrepreneurs crowdfund capital investments from unaccredited and accredited investors. The differences between these regulations are related to the investor limitations, the differing amounts of money companies are permitted to raise, and differing disclosure and filing requirements. To learn more about Regulation Crowdfunding, click here, and for Regulation A+, click here.
Jason Jurado
2 years ago
Hi Douglas, I just went on your website. Is there a reason there has not been a review on a product since 2020? Thank you,
1
0