What is Performance Audio?
Founded in 1977 by S. Kevin Lewis, Performance Audio has evolved from a regional sound system provider into a multifaceted enterprise specializing in professional audio equipment, wholesale distribution, and complex system design. Headquartered in Salt Lake City, the company serves a diverse clientele ranging from touring entertainers and trade show organizers to major theme parks and broadcast studios. With over 60% of its revenue derived from its wholesale electronics division, the firm maintains a robust supply chain that supports its high-level design and installation services. Its portfolio includes iconic projects in Las Vegas, Florida, and international venues, demonstrating a deep technical competency in special effects audio and digital workstation technology.
How much funding has Performance Audio raised?
Performance Audio has raised a total of $1M across 2 funding rounds:
Debt
$350K
Debt
$686K
Debt (2020): $350K with participation from PPP
Debt (2021): $686K led by PPP
Key Investors in Performance Audio
PPP
Public-Private Partnership
What's next for Performance Audio?
With the recent influx of capital, Performance Audio is poised to accelerate its transition into next-generation digital audio environments. The strategic roadmap likely involves deepening its penetration into the broadcast and recording studio markets, where demand for high-fidelity, integrated digital systems continues to rise. By capitalizing on its established reputation for complex system design, the company is expected to focus on scaling its wholesale distribution efficiency while simultaneously pursuing high-margin installation contracts for large-scale entertainment attractions. This phase of growth will likely prioritize technological innovation, ensuring the firm remains at the forefront of the digital age in professional audio production and system architecture.
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