# Audio Analytic

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/audio-analytic

- Industry: Software
- Headquarters: Cambridge, UK
- Website: www.audioanalytic.com
- Total disclosed funding: $17M
- Latest round: Series B (Jun 11, 2019)
- Investors on record: 6

## About

Audio Analytic Ltd. specializes in sound recognition technology, providing innovative solutions that enable devices to understand and respond to various sound events in their environments, enhancing user experience and safety.Founded in 2010, Audio Analytic Ltd. is headquartered in Cambridge, UK. The company focuses on sound recognition technology, allowing devices to detect important audio events. It has engaged in 6 deals, with the latest being a Series B funding round in November 2022, raising GBP 8.910 mn from investors including Cambridge Innovation Capital and IQ Capital. The company's current valuation stands at GBP 42.904 mn. The founder's previous experience is not specified.Audio Analytic specializes in sound recognition technology, offering a comprehensive platform that is integrated into consumer electronics, smart home devices, and automotive applications. This platform enables detection of sounds like breaking glass, smoke alarms, and baby cries, thereby improving user safety and experience. Its technology is utilized by major manufacturers in home automation and automotive sectors across North America, Europe, and Asia, serving tier-one electronics manufacturers and smart home device producers.In the most recent year, 2020, Audio Analytic generated revenue of GBP 39,722.90, with an EBITDA of GBP -5,716,672.50. The company primarily earns through partnerships and licensing agreements, employing a subscription-based model for access to its sound recognition platform, enabling clients to seamlessly integrate technology into their products while fostering long-term client relationships.Looking ahead, Audio Analytic aims to expand its product offerings and market reach following its acquisition by Meta in November 2022. The recent funding is expected to support the development of new sound recognition products and facilitate entry into additional markets. Specific targets for expansion and timelines have not been disclosed.

## Funding rounds

- Series B, Jun 11, 2019, $11M — IQ Capital, Cambridge Innovation Capital, National Grid Partners
- Series A, Jan 3, 2017, $5.5M — Cambridge Angels Group, IQ Capital, Martlet Capital, Cambridge Innovation Capital, Rockspring

## Investors

- Cambridge Angels Group — Series A
- IQ Capital (https://capitalatlas.ai/funds/iq-capital) — Series A, Series B
- Martlet Capital (https://capitalatlas.ai/funds/martlet-capital) — Series A
- Cambridge Innovation Capital (https://capitalatlas.ai/funds/cambridge-innovation-capital) — Series A, Series B
- Rockspring (https://capitalatlas.ai/funds/rockspring) — Series A
- National Grid Partners (https://capitalatlas.ai/funds/national-grid-partners) — Series B