About Innovate Audio
Innovate Audio is a company based in London (United Kingdom) founded in 2021 by Daniel Higgott was acquired by Focusrite in June 2024.. Innovate Audio operates in a competitive market with competitors including Soundbrenner, Teenage Engineering, Herrmutt Lobby, Rhythmo and Digit Music, among others.
- Headquarter London, United Kingdom
- Founders Daniel Higgott
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Sectors
TechnologyMedia & Entertainment
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Email
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Phone
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Website
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Social
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- Legal Name Innovate Audio Ltd
- Date of Incorporation 16 Nov, 2020
- Jurisdiction LONDON, ENGLAND
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Funding Insights of Innovate Audio
| 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 |
investors |
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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 Innovate Audio
Innovate Audio has secured backing from 1 investor. Prominent investors backing the company include Focusrite. 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.
| Investor | Description | Founded Year | Domain | Location |
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Music and audio products are distributed by Focusrite globally.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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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 Innovate Audio
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Innovate Audio
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Innovate Audio Comparisons
Competitors of Innovate Audio
Innovate Audio 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 Soundbrenner, Teenage Engineering, Herrmutt Lobby, Rhythmo and Digit Music, 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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| domain | founded_year | HQ Location |
Wearable vibrations are provided to musicians for rhythm guidance.
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| domain | founded_year | HQ Location |
Wireless audio and electronic products are designed and produced.
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| domain | founded_year | HQ Location |
Software and hardware devices for musicians are developed.
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| domain | founded_year | HQ Location |
Provider of MIDI controller hardware to control multiple musical instruments
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| domain | founded_year | HQ Location |
MIDI controller hardware is provided for artists' remixing and sales.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Innovate Audio
When was Innovate Audio founded?
Innovate Audio was founded in 2021.
Where is Innovate Audio located?
Innovate Audio is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
What does Innovate Audio do?
Innovate Audio was founded in 2021 and is based in London, United Kingdom. Spatial audio solutions are offered through the panLab software platform, which includes tools like the panLab Console for processing and mixing. Hardware components are integrated to support enhanced sound design in the audio technology sector. Operations focus on delivering these solutions for professional audio applications across various creative workflows.
Who are the top competitors of Innovate Audio?
Innovate Audio's top competitors include Soundbrenner, Teenage Engineering and Herrmutt Lobby.
Who are Innovate Audio's investors?
Innovate Audio has 1 investor. Key investors include Focusrite.