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Operating

Audink Inc.

Retail & Consumer · Product · San Francisco, GA · Founded 2016

Minority-founded
Visit website

Wireless loudspeaker that doesn't require a WiFi router or Bluetooth

Valuation cap ⓘ
$8.0M
As of May 2021 · from Reg CF Offering (2020) · a SAFE/note conversion ceiling, not a priced valuation
Total raised
$1,566,247
Crowd $1.3M · Private $284K · 5 rounds since 2018

Financials

FY2018–FY2020 · from SEC filings · hover any figure for its source
$0
−$41K
2018
$0
−$262K
2019
$23K
−$28K
2020
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2018
FY2019 audited*
FY2020
Income statement
Revenue
$0
$0
$22,750
Cost of goods sold
$0
$0
$50,366
Gross margin
—
—
-121%
Net income
-$41,264
-$262,389
-$27,616
Taxes paid
$0
$0
$0
Balance sheet
Cash
$167,340
$1,557
$88,027
Accounts receivable
$0
$0
$0
Total assets
$167,340
$1,557
$88,027
Short-term debt
$46,870
$83,540
$72,222
Long-term debt
$177,000
$231,475
$236,980
Total liabilities
$223,870
$315,015
$309,202
Other
Headcount
—
2
2

Figures as reported by the issuer in the filing shown on hover. Each year’s pill shows the assurance level of its filed statements — audited, reviewed (CPA review, less than an audit), or unaudited, as the filing’s own report or certification states it. A dashed pill marked * is inferred instead: the SEC minimum for an offering that size, which the issuer may have exceeded. No pill means we couldn’t tell. Headcount is the filing’s point-in-time count, not a year-end average. Manually corrected figures are marked “Corrected”.

Valuation over rounds

Valuation caps on SAFE / convertible note rounds
$8.0M
Valuation cap
$8.0M
Valuation cap
Reg CF · SAFE · Feb 2021
Reg CF · SAFE · Sep 2020

Dashed amber bars are a SAFE or convertible note's valuation cap — the most it converts at, not what the company is worth.

Fundraising history

Reg CF · SAFE · Sep 2020Closedvia Republic
Raised $643.9K / $1.1MInvestors 2,203Valuation cap $8M
Reg CF · SAFE · Feb 2021Withdrawnvia Republic
Raised $638.6K / $1.1MInvestors 2,173Valuation cap $8M
Rule 506(c) · SAFE · Jan 2021Closed
Raised $25KInvestors 1
Rule 506(b) · SAFE · Sep 2019Closed
Raised $40KInvestors 2

Team

2 people
Erik Young
Chief Executive Officer, President
David Engler
Director

Names and titles as disclosed on SEC Form C. Bios and photos come from the platform campaign page and may be out of date.

Reg CF annual-report compliance

Delinquent

Filed 1 of 6 annual reports (FY2020–FY2025)

Missing: 2021, 2022, 2023, 2024, 2025

2,203 investors
holder-count proxy

Reg CF issuers must file a Form C-AR each year until a Rule 202(b) termination trigger is met.

SEC filings

View all 9 filings on EDGAR
  • Form C-ARMay 3, 20210001213900-21-024056
    EDGAR
  • Form C-UMay 3, 20210001822029-21-000003
    EDGAR
  • Form C-WFeb 11, 20210001789130-21-000002
    EDGAR
  • Form CFeb 11, 20210001789130-21-000001
    EDGAR
  • Form C/AFeb 11, 20210001789130-21-000003
    EDGAR
  • Form DJan 11, 20210001446933-21-000001
    EDGAR
  • Form C/ASep 25, 20200001789130-20-000003
    EDGAR
  • Form CSep 18, 20200001789130-20-000002
    EDGAR
Source: ManualCIK 0001789130DE

About this data. Figures are compiled from public sources — SEC EDGAR filings (Form C, C-AR, 1-A, 1-K) and funding-platform pages — and may be delayed, incomplete, or restated by the issuer. Financial statements are as reported by the issuer; each year is labeled with its assurance level (audited / reviewed / unaudited). A valuation cap is the conversion ceiling of a SAFE or convertible note, not an agreed company valuation; post-money figures are computed as pre-money plus amount raised and are not a traded price. Crowdonomics is not a broker-dealer, funding portal, or investment adviser; nothing here is investment advice or an offer to sell securities. Verify all figures against the linked EDGAR filings.