Dan Clark Audio

Deal To Watch
BETA

Proprietary High-end Headphones

Analytics

Raised to Date: $180,662

Aggregate Commitments $
Platform

StartEngine

Start Date

06/01/2020

Close Date

01/21/2021

Min. Goal

$9,998

Max. Goal

$1,069,990

Min. Investment

$239

Security Type

Equity - Common

Funding Type

RegCF

Series

Seed

Pre-Money Valuation

$7,500,000

Weekly Commitments $
Status

Active

Reporting Date

12/02/2020

Days Remaining

49

% of Min. Goal

1,807%

% of Max. Goal

17%

Likelihood of Max
Avg. Daily Raise

$982

# of Investors

142

Momentum
Location

San Diego, CA

Industry

Consumer Products, Goods & Services

Tech Sector

MediaTech

Distribution Model

B2B/B2C

Margin

Medium

Capital Intensity

High

Business Type

Growth

Dan Clark Audio, with a pre-money valuation of $7.5 million, is raising funds on StartEngine. The company designs and creates high-quality headphones using its proprietary technology. The focus of the technology is on bringing out the best sound, quality, and comfort. Dan Clark Audio headphones are among the lightest in their price and performance class and have patented V-planar and TrueFlow technologies for natural-sounding music. Dan Clark Audio was founded by Dan Clark in 2013. The current round of crowdfunding of the company has a minimum raise of $9,998.12 and a maximum raise of $1,069,989.80, and the proceeds will be used for growth and expansion. Dan Clark Audio sells in over 80 countries and reported $2 million in sales in 2019. The company has five patents and a huge portfolio of industry awards.

Summary Profit and Loss Statement
Most Recent Year Prior Year

Revenue

$1,993,807

$1,965,237

COGS

$830,767

$962,566

Tax

$0

$800

 

 

Net Income

$-21,707

$9,539

Summary Balance Sheet
Most Recent Year Prior Year

Cash

$6,520

$29,333

Accounts Receivable

$95,601

$0

Total Assets

$363,672

$193,251

Short-Term Debt

$264,457

$181,382

Long-Term Debt

$80,996

$0

Total Liabilities

$345,453

$203,324

Ratings

last updated 12/03/2020

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Analyst Report

Deal To Watch
Ratings Platform - Beta Trial

Our new ratings and analytics platform is currently in Beta. To gain access to the Beta platform features, upgrade to a Pro paid account and accept the Beta terms on any page.

For a limited time, use coupon code "TRYMERLIN20" for a free 20 day trial of Kingscrowd Pro and Merlin Beta. Your paid subscription will activate at the end of 20 days. Cancel anytime.
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