About AudAi
AudAi is a company based in Seoul (South Korea) founded in 2022 by Soonbeom Choi and Sangeon Yong.. AudAi offers products and services including VOX Factory. AudAi operates in a competitive market with competitors including PreSonus Audio Electronics, Musiio, AiMi, Lexis Audio Editor and Ableton, among others.
- Headquarter Seoul, South Korea
- Founders Soonbeom Choi, Sangeon Yong
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Sectors
TechnologyMedia & Entertainment
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- Legal Name Audai Inc.
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Products & Services of AudAi
AudAi offers a comprehensive portfolio of products and services, including VOX Factory. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Software for creating professional-quality vocals using AI technology.
Funding Insights of AudAi
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jun, 2023 | Amount | Seed - AudAi | Valuation |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in AudAi
AudAi has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include NAVER D2 Startup Factory. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
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Tech startups are accelerated via focused incubation programs.
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by AudAi
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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Fine Asian gourmet food is offered by an internet-first restaurant.
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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Fine Asian gourmet food is offered by an internet-first restaurant.
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Financial Statements - AudAi
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Audai Comparisons
Competitors of AudAi
AudAi operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as PreSonus Audio Electronics, Musiio, AiMi, Lexis Audio Editor and Ableton, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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Manufacturer of professional audio equipment and software
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AI-based music discovery platform
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AI-based platform offering personalized music to listeners
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Audio editing software for recording, editing, exporting, and managing files on mobile and desktop platforms.
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Music creation software and hardware are developed by Ableton.
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AI music provider and streaming platform
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about AudAi
When was AudAi founded?
AudAi was founded in 2022 and raised its 1st funding round 1 year after it was founded.
Where is AudAi located?
AudAi is headquartered in Seoul, South Korea.
Who is the current CEO of AudAi?
Soonbeom Choi is the current CEO of AudAi. They have also founded this company.
What does AudAi do?
AudAi was founded in 2022 in Seoul, South Korea, as an AI technology company in the music sector. An online platform is operated to deliver a digital music studio for musicians. Vocal synthesizers are specialized in, with VOX Factory serving as the primary AI-powered tool. High-quality audio content, including realistic human voices, is created by users on this platform. Operations center on enabling music production through accessible digital services.
Who are the top competitors of AudAi?
AudAi's top competitors include Musiio, PreSonus Audio Electronics and AiMi.
What products or services does AudAi offer?
AudAi offers VOX Factory.
Who are AudAi's investors?
AudAi has 1 investor. Key investors include NAVER D2 Startup Factory.
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