# Cord Project

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/cord-project

- Industry: Software
- Headquarters: New York, US
- Website: www.cordproject.co
- Total disclosed funding: $1.8M
- Latest round: Seed (Sep 4, 2014)
- Investors on record: 10

## About

Cord Project Inc. is a technology firm specializing in audio interaction solutions that enhance user engagement with audio content, serving consumers and businesses alike.Founded in 2014, Cord Project Inc. is based in New York, US. The company specializes in audio interaction technology, offering innovative solutions for audio accessibility and collaboration. In January 2016, the company raised USD 1.80 mn in a Seed round led by various investors, including Compound Ventures and GV. The total amount raised by the company stands at USD 1.80 mn. The company has completed two deals, with its most recent deal occurring on January 20, 2016, when Spotify acquired Cord Project and Soundwave, though financial terms were not disclosed.Cord Project Inc. specializes in audio interaction technology, with its flagship offerings designed to enhance how users engage with audio content. The company's core products focus on innovative solutions that facilitate seamless audio experiences, targeting both individual consumers and businesses. The primary use cases include improving audio accessibility, fostering collaboration in audio production, and integrating audio features into various applications. Cord's products find their application across several geographical markets, particularly in North America and Europe, where the demand for audio technology is rapidly growing. The company's client base comprises software developers, media companies, and end-users who seek to leverage advanced audio capabilities in their products and platforms.Cord Project Inc. generates revenue through a combination of subscription models and direct partnerships with technology firms. Transactions typically occur through licensing agreements, where clients pay for access to Cord's audio technology to integrate it into their own applications or platforms. This business model allows for a steady flow of revenue as clients engage in recurring payments for continued access and updates. While specific pricing plans for individual services are not disclosed, the structure supports both B2B engagements and direct-to-consumer sales. The integration of Cord's products into various applications exemplifies the company's commitment to fostering audio innovation across multiple sectors, driving revenue through its strategic partnerships and technology licensing.Cord Project Inc. has plans to launch new products designed to further enhance audio interaction capabilities, with specific release dates to be announced in the near future. The company aims to expand into additional markets, particularly targeting regions in Asia and Australia by the end of 2023. The recent funding from the Seed round will be utilized to support these initiatives, focusing on product development and market entry strategies.

## Funding rounds

- Seed, Sep 4, 2014, $1.8M — Greycroft, Compound Ventures, GV, Lerer Hippeau Ventures, Kima Ventures, Slow, Goldfarb, Kernel Investissements, Vayner/RSE, M7 Tech Partners

## Investors

- Greycroft (https://capitalatlas.ai/funds/greycroft) — Seed
- Compound Ventures (https://capitalatlas.ai/funds/compound-ventures) — Seed
- GV (https://capitalatlas.ai/funds/gv) — Seed
- Lerer Hippeau Ventures — Seed
- Kima Ventures (https://capitalatlas.ai/funds/kima-ventures) — Seed
- Slow (https://capitalatlas.ai/funds/slow) — Seed
- Goldfarb — Seed
- Kernel Investissements (https://capitalatlas.ai/funds/kernel-investissements) — Seed
- Vayner/RSE (https://capitalatlas.ai/funds/vayner-rse) — Seed
- M7 Tech Partners (https://capitalatlas.ai/funds/m7-tech-partners) — Seed