What is Audio Up?
Audio Up is a dynamic player in the Consumer Electronics industry, focused on building a comprehensive intellectual property ecosystem for audio content. The company's mission is to transform audio assets, including songs, podcasts, and marketing materials, into highly engaging and valuable properties. By bringing audio blockbusters to life, Audio Up aims to elevate audio media from a foundational level to a more vibrant and impactful experience, akin to transitioning from black and white to technicolor.
How much funding has Audio Up raised?
Audio Up has raised a total of $21.5M across 3 funding rounds:
Series A
$4.5M
Series B
$12M
Series C
$5M
Series A (2020): $4.5M with participation from MGM Studios
Series B (2021): $12M, investors not publicly disclosed
Series C (2022): $5M supported by Ben Lurie
Key Investors in Audio Up
MGM Studios
MGM Studios, a historic entertainment company founded in 1924, specializes in the production and global distribution of film and television content across all platforms. Their involvement suggests a strategic alignment with Audio Up's vision for transforming audio media.
Ben Lurie
Ben Lurie is an individual investor who participated in Audio Up's Series C funding round. Further details on their investment focus are not publicly available.
What's next for Audio Up?
With substantial enterprise-level backing and a recent strategic investment, Audio Up is poised for significant expansion. The company's focus on creating a robust IP ecosystem for audio content suggests a strategy centered on acquiring and developing high-value audio assets. Future endeavors will likely involve scaling production, enhancing distribution channels, and potentially exploring new monetization models for its audio blockbusters. This strategic financing provides the capital necessary to solidify its market position and innovate within the rapidly evolving audio media landscape.
See full Audio Up company page
