Scaeva Technologies offering is now closed and is no longer accepting investments.
INVEST IN SCAEVA TECHNOLOGIES TODAY!
mind-bending immersive audio experiences
$95,913.25 Raised
Reasons to Invest:
- Proven technology, first product in market 12+ months backed by 8 patent filings. And now demonstrating second-gen B2B platform to prospective commercial partners.
- Estimated $930B total market (source, source, source).
- World-class advisors with a combined 90 million records, 8 Grammys, 2 Emmys, and Billboard #1 artists.
Mind-Bending Spatial Audio: Bringing sound to life, and life to sound
At Scaeva, we carefully craft revolutionary audio experiences for our partner’s users.
Our initial product, InSitu SoundTM sold over 10K units, establishing product-market fit and garnering critical and user acclaim.
Our mission is to make high-quality audio content creation possible from anywhere - not just the studio. Scaeva’s tech platform empowers audio content creators - from music makers to podcasters to market world-class content from anywhere.
*LiveSpaceTM NFTs Images are computer generated demo versions. Product is still currently under development.
With our technology, creators can hear how their content sounds on end devices in a variety of places virtually - everything from a nightclub and car to a professional recording studio.
For CEO and co-founder Steve Curd, Scaeva is the perfect merger of his two lifelong passions: music and science. With his extensive background in physics and engineering, Steve’s goal is to improve the way we create and enjoy one of the most influential art forms.
Born in California, Scaeva sits at the nexus of technology and entertainment.
With a motley group of engineers, scientists, and artists, Scaeva develops powerful technologies at the core of professional audio tools.
The Problem
A majority of content creators will never have access to a professional studio
And this limits their ability to create quality content. Most audio experiences today are not spatial, and lack a sense of “place”.
Not only can many not access studios at all, but with our technology, we can recreate the sound of any real-world space - a car, nightclub, artist’s home studio, and more.
*This testimonial may not be representative of the experience of other customers and is not a guarantee of future performance or success.
The Solution
Your audio in → spatial audio out
Our technology isn’t just better, it’s different. We convert traditional stereo sound into audio built for your senses. It’s a massive leap forward in mobile audio immersion.
That’s because unlike 360, 3D, or binaural audio, our technology doesn’t require specially recorded tracks to give listeners an immersive experience. Our technology unlocks the acoustical context behind a track - meaning you experience the full depth of the audio experience the artist intended.
Bottom line: Scaeva enables us to experience sound that’s as vibrant and nuanced as a live performance. With unparalleled clarity, you can transform your entire existing audio catalog to hear what you’ve been missing.
With InSitu Sound™ technology, Scaeva transforms traditional sound into pro-grade spatial audio for immersive virtual experiences.
*This testimonial may not be representative of the experience of other customers and is not a guarantee of future performance or success.
We have a business model similar to others in our industry, however what makes us unique is our technology doesn’t rely on adoption of a new file format, meaning anyone can use it with any audio. Scaeva provides software solutions that are sold B2B so that the makers of audio products can offer an elevated audio experience. We sell this patented B2B technology and are now entering the NFT/metaverse market.
The Market
Opportunity: own music history with NFTs
The NFT market exceeded $10 Billion in transaction volume in the third quarter of 2021 (source).
Not to mention…
- The 3D audio market is expected to grow to $15 Billion by 2028 (a CAGR of 15.1% from 2021 to 2028) (source).
- More than 50 million people globally consider themselves content creators, and the market size has grown to over $104 billion.
- Revenues from digital production tools will double, hitting approximately $2 Billion by 2027 (source).
- Spatial audio will be valued at $15 billion by 2028.
- When it comes to the estimated $930 Billion virtual experience market (audio streaming, content creation, metaverse) immersive audio plays a growing and significant role in these experiences (source, source, source).
These markets tell us we are in a massive shift from creators being full-time pros and enthusiasts to where audio creation (music, podcasts, etc) is mainstream. Here’s a look at Scaeva’s revenue opportunities within these markets:
Scaeva minted one of the world’s first spatial audio NFTs. Because of this, we are uniquely positioned to model iconic venues and studios around the world. In addition to creating valuable assets, we are also preserving these legendary places.
This opportunity allows the unique chance to own and preserve music history via iconic clubs, studios, and sound profiles of famous venues. It also leverages the existing 360-degree acoustic modeling system developed with Grammy-winning audio engineers.
We believe no one else is taking our technical approach in our industry, and thus, are able to achieve the levels of precision that we are.
ABOUT
HEADQUARTERS
1245 Day Road
Gilroy, CA 95020
WEBSITE
View Site
Scaeva is revolutionizing the audio content creator market. With patented sound technology, Scaeva is democratizing the audio content creation process. Scaeva transforms traditional sound into pro-grade spatial audio mirroring real-life places, creating strikingly immersive virtual experiences. The next chapter for Scaeva Technology includes minting NFTs based on the modeling work we’re doing to capture the sounds of iconic venues.
TEAM
Steven E. Curd
CEO, President, and Chairman
Early in his career, Steve led the creation of the first online travel service (Travelocity, formerly Eaasy Sabre). His internet-fueled vision helped to revolutionize how consumers think about self-managing travel and hospitality and effectively disintermediated the travel agency industry. Later, after serving as CIO of United HealthCare, Steve served as the COO of WebMD where he led initiatives that restructured America’s complex $2 trillion healthcare industry through improved communications and advanced automation.
More recently, Steve led several healthcare technology companies that redefined electronic health records, care coordination, surgical safety, and advanced oncology care.
As a lifelong musician, Steve and his wife Wendy founded Scaeva Technologies in 2017 to bring new IP and advanced technologies to the rapidly growing independent creator market.
Steve has degrees in physics, math, and an MBA from The Wharton School. He is an active member of the American Association for the Advancement of Science and the Acoustical Society of America. In 2021 Steve was selected to serve on the Audio Board of the Consumer Technology Association (sponsor of the CES conference).
Wendy Curd
VP of Investor Relations
Wendy and Steve had a collective vision: to enable talented creators to flourish with vastly better tools and improved workflows, to enable them to monetize their creations, and to dramatically improve the way all of us experience immersive audio. Wendy's insights led to the formation of Scaeva, and since its founding she has managed investor relations and company administration.
Prior to co-founding Scaeva, Wendy established a thriving quarter horse and race horse breeding operation, with equestrian training, urban regional trail riding and carriage operations, as well as a retail tack business.
Robert S. Lentz
COO & Director
Fundraising: Raised over $400 million in equity, venture debt and commercial debt.
Growth: Examples include $3 million to $140 million; $5 million to $20 million; $10 million to $30 million and pre-revenue to $10 million (exit). Registered one company for IPO with Goldman Sachs as lead underwriter.
Operational Efficiency: Examples include achieving 4x increase in revenue per FTE and achieving 100% marginal operating leverage. Implemented ERP systems and attained SOC-1 certification.
M&A: Acquired four companies with combined value greater than $250 million, and sold one. Responsible for developing strategic frameworks, identifying targets, executing transactions and leading post-transaction integrations.
Scott graduated from the U.S. Coast Guard Academy and served seven years as a commissioned officer before entering the private sector. He holds an MBA from the University of Washington.
Eric Ball
Board Member
He also chairs the Board at Archimedes Tech SPAC (went public on 3/11/2021) and chairs the Audit Committee at Glu Mobile (a publicly-traded leader in 3D freemium mobile gaming). Eric chairs the board at capital market startup CapConnect+ (which he co-founded). He serves as a board advisor to Kyriba Corporation (leading provider of software for treasury and cash management), and to several other Impact VC portfolio companies.
Eric served in 2015-16 as Chief Financial Officer at C3 AI, which is revolutionizing the use of big data to make our power network and the Internet of Things more efficient.
From 2005 to 2015, Eric served as Senior VP & Treasurer at Oracle, one of the world's premier technology companies. While there he was named one of the 100 most influential people in finance by the editors of Treasury & Risk Magazine. Prior to joining Oracle, Eric served in various finance roles at Flextronics International, Cisco Systems, Avery Dennison, and AT&T.
Eric holds a PhD in management from the Drucker-Ito School, as well as masters degrees from the University of Rochester and a BA from University of Michigan. He is the co-author of the book 'Unlocking the Ivory Tower' (released in US and Japan) and has taught at three universities.
Tiffany Loverd
CMO
At Beats by Dre (and later Apple), Tiffany led product management and product marketing globally for on-ear headphones, a $550 million category. She spearheaded custom designs for high profile celebrities, athletes, and influencers, and boosted category sales by 28%. In under three years she had launched over 175 SKUs and reimagined custom product development, paving the way for Beats to quickly dominate the market.
For the last decade Tiffany has volunteered with the National Academy of Sciences’ Hollywood outreach program in Los Angeles, California, bringing together brilliant minds of science, tech and engineering with today’s most influential storytellers. Today they work with all major studios, inspiring more and better science narratives in mainstream entertainment.
By pushing the boundaries of technology and engineering she’s launched award-winning products, won innovation research grants, and established profitable new lines of business. Tiffany’s entrepreneurial spirit, solid technical chops, and get-it-done mentality set her apart as she drives innovative products to market.
TERMS
Scaeva Technologies
Overview
PRICE PER SHARE
$2
DEADLINE
Aug 9, 2022
VALUATION
$23.22M
AMOUNT RAISED
$95,913.25
Breakdown
MIN INVESTMENT
$500
MAX INVESTMENT
$1,070,000
MIN NUMBER OF SHARES OFFERED
5,000
OFFERING TYPE
Equity
ASSET TYPE
COMMON
SHARES OFFERED
Common Stock
MAX NUMBER OF SHARES OFFERED
535,000
Maximum Number of Shares Offered subject to adjustment for bonus shares
Company | : | Scaeva Technologies, Inc. |
Corporate Address | : | 1245 Day Road, Gilroy, CA 95020 |
Offering Minimum | : | $10,000.00 |
Offering Maximum | : | $1,070,000.00 |
Minimum Investment Amount(per investor) | : | $500.00 |
Terms
Offering Type | : | Equity |
Security Name | : | Common Stock |
Minimum Number of Shares Offered | : | 5,000 |
Maximum Number of Shares Offered | : | 535,000 |
Price per Share | : | $2.00 |
Pre-Money Valuation | : | $23,221,514.00 |
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 and Bonuses*
Time-Based:
Super Early Bird Bonus
Invest within the first 5 days and receive an additional 20% bonus shares.
Early Bird Bonus
Invest within the next 14 days and receive an additional 10% bonus shares.
Amount-Based:
Invest $3,000 or more and receive 3% bonus shares.
Invest $5,000 or more and receive 5% bonus shares
Invest $10,000 or more and receive 10% bonus shares.
*All perks occur when the offering is completed.
The 10% StartEngine Owners' Bonus
Scaeva Technologies, 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 $2.00 / share, you will receive 110 shares of Common Stock, meaning you'll own 110 shares for $200.00. 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.
PRESS
ALL UPDATES
08.09.22
**Just A few hours left - THANK YOU! $100K+
OK one more quick note - THANK YOU to everyone who has already invested, we have surpassed the $100K mark and look forward to making history together. (here if you're a down to the last minute kind of person!)
Now onto bigger things!
Best,
Steve Curd
Co-Founder/CEO
08.09.22
Just 6 hours left to invest in Scaeva's equity raise!
Just 6 hours left to invest in Scaeva's equity raise!
This will be the last update from the Scaeva team on StartEngine. Our deepest thanks to all of the people who have joined us on our journey. We are beyond excited for what the future holds, and we remain deeply grateful to our StartEngine supporters.
We are incredibly excited about the future, and are delighted that you all will be alongside us.
For those of you who have not yet invested, today is your day! Our raise closes tonight at 11:59pm PDT. Join us while there is still time! Click here to learn more.
Best,
Steve Curd
Co-Founder/CEO
08.08.22
Don’t miss your chance - just hours left to invest in Scaeva Technologies
As we close this final opportunity in the next few hours to invest in Scaeva, I would like to sincerely thank all of you for your support! Your funding will ensure the continued success and growth of the company! To add to your investment click here.
Best,
Steve Curd
Co-Founder/CEO
08.05.22
**3 Days left** $5 trillion by 2030, the metaverse is “too big for investors to ignore" How does Scaeva fit in?
When we think of the "metaverse" we often think of immersive graphics, but without great spatial audio these experiences will continue to fall short. Our LiveSpace technology gives immersive experiences a real-world feeling because we use acoustics from the real-world, not artificial computer models.
We enjoyed this report by McKinsey because it captures the massive immersive content revolution happening right under our feet now and gives us a peek into what the future could hold. How does Scaeva fit into all this? Just remember - wherever there are immersive graphics, immersive audio is needed too.
"By 2030, it is entirely plausible that more than 50 percent of live events could be held in the metaverse." says McKinsey.
08.04.22
YOUR LAST CHANCE to Make Immersive Audio History with Scaeva
Just a few days are left to invest in Scaeva on StartEngine.
Be a part of this dynamic growing audio and virtual experience company. Your investment helps Scaeva:
expand sales support infrastructure
hire acoustic engineers to grow our library of environments
accelerate platform development
grow demand generation
I appreciate your support! If you wish to learn more about the company and invest today please click here.
Best,
Steve Curd
Co-Founder/CEO
08.03.22
Scaeva Joins Metaverse Standards Forum, alongside Microsoft, Meta, and more
Scaeva is thrilled to announce it is now a member of the newly created Metaverse Standards Forum.
In a huge step for the industry, Microsoft, Epic Games, Meta and dozens of other companies and organizations have formed a standards group for metaverse technologies. The Metaverse Standards Forum is supposed to foster open, interoperable standards for AR and VR, geospatial and 3D tech - market McKinsey is projecting to generate greater than $5 trillion in global spending by 2030.
“Building a metaverse for everyone will require an industry-wide focus on common standards. The Metaverse Standards Forum can drive the collaboration that’s needed to make this possible, and Meta is committed to this work. Creators, developers and companies will all benefit from the technologies and experiences that will be made possible by common protocols,” - Vishal Shah, VP of Metaverse at Meta. To learn more about the Forum visit metaverse-standards.org
Click here to learn more about how Scaeva's spatial audio is the ideal solution for immersive audio in the metaverse and beyond. Don't wait, time is running out to join our StartEngine campaign!
All the best,
Steve Curd
Co-Founder/CEO
08.02.22
Scaeva Technologies StartEngine Raise Ends in 6 Days!
Just 6 days left to go before the Scaeva Technologies investment on StartEngine concludes. Jump in now and join us before it’s too late!
To learn more and invest or add to your investment before it's too late, click here.
08.02.22
New CTA Report: “Americans understand benefits of immersive experiences”
In the past two years, Americans were more focused on home entertainment than ever in U.S. history. The Consumer Technology Association (CTA) expects that to continue, as Americans now understand the benefit of immersive experiences at home.
As device makers are continuing to fight for market share in highly competitive markets, they are looking for ways to differentiate themselves. Spatial audio is a critical component to these differentiation strategies, finds the CTA:
“The home audio space continues to find new ways to innovate with the incorporation of digital assistants, spatial audio and streaming app compatibilities within devices in order to entice first-time and repeat purchasers alike.” Visit CTA.tech/research for the full report.
The conclusion is clear - immersive audio is here to stay and Scaeva is the ideal spatial audio tech provider. To learn more and invest or add to your investment before it's too late, click here.
Best,
Steve Curd
Co-Founder/CEO
07.27.22
CLOSING SOON - DON’T MISS YOUR CHANCE TO OWN PART OF SCAEVA TECHNOLOGIES
We are closing out our campaign on StartEngine, which provides the public an opportunity to invest in a private company. I want to thank you for your support of Scaeva.
Immersive technologies rely on equally immersive audio to make them come alive, which is why Scaeva is leading the way for spatial audio technology in the metaverse and other virtual experiences. Unlike other audio technologies, our InSitu Sound is compatible with any audio format, extending our addressable market dramatically.
We are coming down to the wire on StartEngine, and we hope you will consider an investment or adding to your investment before it closes! To review our company and own shares of Scaeva, please click here.
All the best,
Steve Curd
Co-Founder/CEO
07.22.22
Just 2 weeks left!
Time is running out to join the Scaeva Spatial Audio revolution. With applications in the metaverse, streaming, gaming, you don't want to miss this chance to join our family of savvy investors.
REWARDS
$500
StartEngine Owner’s Bonus
This offering is eligible for the StartEngine Owner’s 10% Bonus program. For details on this program, please see the Offering Summary section below.
$3,000
$3,000+
Invest $3,000 or more and receive 3% bonus shares.
$5,000
$5,000+
Invest $5,000 or more and receive 5% bonus shares.
$10,000
$10,000+
Invest $10,000 or more and receive 10% bonus shares.
JOIN THE DISCUSSION
0/2500
HOW INVESTING WORKS
Cancel anytime before 48 hours before a rolling close or the offering end date.
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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.
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