About Shure
Shure is a company based in Niles (United States) founded in 1925. It operates as a B2B, and B2C. The company has 143 employees as of March 31, 2023. Shure has completed 3 acquisitions, including Stem Audio, TES Electronic Solutions and Wavemark. Shure offers products and services including Microphones, Wireless Microphones, Earphones, and Headphones. Shure operates in a competitive market with competitors including Motorola Mobility, Meizu, Waverly Labs, MUZIK and Zygo, among others.
- Headquarter Niles, United States
- Employees 143 as on 31 Mar, 2023
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Sectors
Media & Entertainment
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Phone
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Website
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Social
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- Legal Name Shure Audio Technologies Private Limited
- Date of Incorporation 29 Dec, 2017
- Jurisdiction Hyderabad, Telangana, India
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Annual Revenue
$6.36 M (USD)25.3as on Mar 31, 2023
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Net Profit
$1.01 M (USD)43.48as on Mar 31, 2023
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EBITDA
$1.42 M (USD)17.06as on Mar 31, 2023
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Latest Funding Round
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Investors
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Employee Count
143
as on Mar 31, 2023
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Investments & Acquisitions
Stem Audio
& 2 more
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Products & Services of Shure
Shure offers a comprehensive portfolio of products and services, including Microphones, Wireless Microphones, Earphones, and Headphones. 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.
Devices for capturing high-quality sound in professional and consumer settings.
Cordless systems for mobile sound capture in events and broadcasting.
In-ear devices for monitoring and listening in music and conferencing.
Over-ear options for immersive audio experiences and professional use.
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Software Development Team
120 people
Product Management Team
36 people
Sales and Marketing
32 people
Senior Team
31 people
Leadership Team
29 people
Human Resources and Administration
18 people
Engineer Team
14 people
Finance and Accounting
9 people
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Funding Insights of Shure
| 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 |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Shure
Shure has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Stem Audio, TES Electronic Solutions and Wavemark. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Provider of event management services
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2019 | ||||
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Music plugins for DAW integration and microphone control are developed.
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2013 | ||||
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Electronics design services for systems, software, and chips are provided.
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2006 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Shure
| 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 |
Shure Comparisons
Competitors of Shure
Shure 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 Motorola Mobility, Meizu, Waverly Labs, MUZIK and Zygo, 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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Mobile devices, cases, tablets, and screen protectors are offered online.
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Multi-category consumer electronics are provided by an internet-first brand.
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| domain | founded_year | HQ Location |
Real-time spoken language translation is enabled by developed earpieces.
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| domain | founded_year | HQ Location |
Internet first brand offering smart wireless headphones
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| domain | founded_year | HQ Location |
Wireless headsets for underwater audio streaming and coaching are provided.
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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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Latest news on Shure
Frequently Asked Questions about Shure
When was Shure founded?
Shure was founded in 1925.
Where is Shure located?
Shure is headquartered in Niles, United States. It is registered at Niles, Illinois, United States.
How many employees does Shure have?
As of Mar 31, 2023, the latest employee count at Shure is 143.
What is the annual revenue of Shure?
Annual revenue of Shure is $6.36M as on Mar 31, 2023.
What does Shure do?
Shure is a global leader in audio technology, specializing in the design and production of microphones, wireless systems, earphones, and headphones. The company serves professionals in music, broadcasting, conferencing, and content creation through partnerships and direct sales. Based in locations like the United Kingdom and the United States, Shure focuses on high-quality sound solutions for events, studios, and mobile journalism, ensuring reliable performance in diverse settings.
Who are the top competitors of Shure?
Shure's top competitors include Motorola Mobility, Meizu and Waverly Labs.
What products or services does Shure offer?
Shure offers Microphones, Wireless Microphones, Earphones, and Headphones.
How many acquisitions has Shure made?
Shure has made 3 acquisitions, including Stem Audio, TES Electronic Solutions, and Wavemark.
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