The Tula Mic offering is now closed and is no longer accepting investments.
INVEST IN THE TULA MIC TODAY!
USB Microphone and Mobile Recorder for 2022
$134,015.94 Raised
REASONS TO INVEST
Large and fast growing market
Over $1M in revenue in first year with all chips secured for 2022
Experienced founder and team with major advantages over existing competitors
The Tula Mic is a revolutionary new USB microphone and mobile recorder designed for content creators and people working from home. Content creation and home office are two of today’s fastest growing markets and the Tula Mic is perfectly positioned to achieve growth in both sectors.
The Problem
Online meetings and content creation benefit greatly from professional-quality audio but achieving it can be costly and require knowledge that many people don’t have.
Existing options are often bulky and unattractive and lack features like noise reduction.
The Solution
The Tula Mic
What makes us different?
Unlike our competitors, the Tula Mic functions as both a plug and play USB microphone AND a mobile recorder. It fits easily in a pocket or purse and features a unique noise reduction algorithm developed with the Swedish software company, Klevgrand.
The Market
Content Creation
The content creation market has exploded in recent years led primarily by podcasting and YouTube. As the number of podcasts and youtube channels increase, so does the need for products like the Tula Mic.
According to Pew Research, 41% of Americans say they’ve listened to a podcast in the last month, up from only 9% in 2008. According to Podcast Insights, there are currently more than 2 MILLION active podcasts in the world.
Home Office
* Source
The pandemic supercharged an already existing trend towards remote working. Although many people will be returning to the office in some capacity, the majority will prefer to continue working from home at least part of the time. Unlike many USB mics, the Tula is extremely portable and as such, well suited to hybrid working.
OUR Traction
- Patent filed
- Product fully developed and on sale • More than $1M in revenue in 2021
- Chips secured for all of 2022
- Strong dealer network
- Excellent press
- Additional products in development
The last 3 years
The next 3 years
How does Tula sound?
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Why Invest
- Fast growing market
- Already in production
- In revenue stage
- Extensive distribution in place
- Great press
- Experienced team
In The Press
(or click)
(or click)
(or click)
ABOUT
HEADQUARTERS
448 W 19th st, #752
Houston, TX 77008
VALUATION
$20M
We’re Tula; an innovative young audio brand. Our goal is to create beautiful devices that sound as good as they look.
TEAM
David Arthur Brown
Founder, President, Director, and CEO
Karina Kagramanova
Operations Support Manager
Karina Badalova
Global Sales Coordinator
Todd Richards
Sales Manager
Natalia Kutanina
Head of Marketing
Stefan Burstrom
Firmware and Electrical Engineer
Steven Nersesian
Mechanical Engineer/Project Manager
Kenny Lyon
Logistics Coordinator USA
Milo Brown
Logistics Coordinator EU
Will Russell
Digital Marketing
TERMS
The Tula Mic
Overview
PRICE PER SHARE
$2
DEADLINE
Apr 16, 2022
VALUATION
$20M
AMOUNT RAISED
$134,015.94
Breakdown
MIN INVESTMENT
$300.00
MAX INVESTMENT
$107,000.00
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 | : | Tula Microphones, Inc. |
Corporate Address | : | 448 W 19th st, #752, Houston, TX 77008 |
Offering Minimum | : | $10,000.00 |
Offering Maximum | : | $1,070,000.00 |
Minimum Investment Amount(per investor) | : | $300.00 |
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 | : | $20,000,000.00 |
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.
*Maximum Number of Shares Offered subject to adjustment for bonus shares. See Bonus info below.
Investment Incentives and Bonuses*
Early Bird
Friends and Family - First 72 hours | 15% bonus shares
Super Early Bird - Next 72 hours | 10% bonus
Early Bird Bonus - Next 7 days | 5% bonus shares
Volume
Tier 1 perk - ($500 + Tula t-shirt)
Tier 2 perk - ($1000 + Tula Mic)
Tier 3 perk - ($5,000+ Tula Mic +2% bonus shares)
Tier 4 perk - ($10,000+ Tula Mic+ 5% bonus shares)
Tier 5 perk - ($25,000+ Tula Mic+ 10% bonus shares)
Tier 6 perk - ($50,000+ Tula Mic + 15% bonus shares)
*All perks occur when the offering is completed.
The 10% StartEngine Owners' Bonus
Tula Microphones, 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. 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 cancelled or fail.
Investors will only receive a single bonus, which will be the highest bonus rate they are eligible for.
Irregular Use of Proceeds
We will not incur any irregular use of proceeds.
ALL UPDATES
04.04.22
Notice of Funds Disbursement
[The following is an automated notice from the StartEngine team].
Hello!
As you might know, The Tula Mic has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in The Tula Mic be on the lookout for an email that describes more about the disbursement process.
This campaign will continue to accept investments until its indicated closing date.
Thanks for funding the future.
-StartEngine
04.01.22
Founder Interview on Manward Press' Venture Spotlight
Hello everyone,
I'm thrilled to report that I was recently interviewed on Manward's Venture Spotlight.
You can see the interview here:
I'd like to thank Andy and Alex from Manward. It was an honor and a pleasure to speak with them. They're doing great work.
03.11.22
Brand new campaign video and more!
Hello Everyone,
We've been silent for a while as we were waiting to send out an update until the new video was finally finished and uploaded.
I'd like to give a HUGE thank you to Pepe Combalía and Jose M Val from Strawberry Films in Barcelona. We couldn't be happier
with the the job they did.
We hope you're all staying safe and healthy in these tumultuous times. We'll get through them.
01.26.22
Beautiful video from Morocco
We mentioned in a previous update that we had donated forty Tula Mics to an organization called Playing For Change.
Yesterday they sent us the first video of some of the Tulas in action. It's from a music school in Morocco. We couldn't be happier to see our Tula Mics helping in the development of young musicians around the world. If you like what you see, consider supporting the work of the good folks at Playing For Change. They're the real deal.
01.07.22
Chip Shortage?
“Chipageddon” has been massive problem for hardware manufacturers for more than a year now and it’s still unclear when it will be resolved. The chronic shortage of microprocessors has impacted the production of everything from cars to consumer electronics. Supply chains have been disrupted and many companies, especially smaller ones, have been struggling, unable to fill orders.
Fortunately, we planned well in advance and have all of the components we need in order to meet our $5M revenue goal for 2022.
01.06.22
Notice of Funds Disbursement
[The following is an automated notice from the StartEngine team].
Hello!
As you might know, The Tula Mic has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in The Tula Mic be on the lookout for an email that describes more about the disbursement process.
This campaign will continue to accept investments until its indicated closing date.
Thanks for funding the future.
-StartEngine
12.23.21
WORTH Magazine Last Minute Holiday Gift Guide
Worth Magazine has included the Tula Mic in its top picks for last minute holiday gift ideas.
12.21.21
Four More Reasons to Invest in Tula
1. Future Products
The Tula Mic is the first in a series of products that we have planned. We’re creating an entire ecosystem for remote workers and content creators. Our future products are already in various stages of development and will allow for the sustained growth of the company.
2. Pedigree
Tula was founded by the people behind Soyuz Microphones, a well respected pro audio company used by the likes of Coldplay, Radiohead and countless others.
3. Sustainability
The world is awash in e-waste. Part of our philosophy at Tula is to create products that are built to last. To that end, the Tula Mic is entirely snapped and screwed together to allow for easy repair and end of life recycling.
4. Compatibility
We designed the Tula to be as easy to use as possible while still being packed with useful functionality. As a USB mic, the Tula requires no drivers and is compatible with Mac and Windows, iOS (with Apple camera connector) and Android.
12.20.21
Tula Mics Donates Microphones to Playing for Change
At Tula, we believe in the importance of having a positive company culture. The concept of win/win is paramount to the way we view business. We try to always ensure that our pricing and policies are beneficial for our shareholders, our dealers and our customers.
In addition, we believe that it’s important to give back to the world that has been so generous to us. To that end, we came up with the idea of donating some Tulas to Playing for Change as it seemed like the most direct way to get our mics into the hands of some creative young people who could really benefit from them.
The Tula Mic is highly portable and recording with it is not dependent on having a computer or even a phone. As such, it’s a perfect tool for the music schools run by Playing for Change.
Half of the 40 mics we donated will be going to programs in Latin America and the other half will be heading to Africa. They’ve promised to send us video of the Tulas in action. We’ll post them to our social channels when they do. Stay tuned!
REWARDS
$300.00
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.
$500.00
Tier 1 perk
($500 + Tula t-shirt)
$1,000.00
Tier 2 perk
($1000 + Tula Mic)
$5,000.00
Tier 3 perk
($5,000+ Tula Mic +2% bonus shares)
$10,000.00
Tier 4 perk
($10,000+ Tula Mic+ 5% bonus shares)
$25,000.00
Tier 5 perk
$25,000+ Tula Mic+ 10% bonus shares
$50,000.00
Tier 6 perk
($50,000+ Tula Mic + 15% bonus shares)
JOIN THE DISCUSSION
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HOW INVESTING WORKS
Cancel anytime before 48 hours before a rolling close or the offering end date.
WHY STARTENGINE?
REWARDS
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SECURE
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