High-end audio hardware startup EXOGAL is raising $400k

exogalEmerging high-end audio startup EXOGAL is raising a $400k seed round with $160k committed according to a public SEC filing.

“The industry has been plateaued for the last decade or so,” Co founder and CEO Jeff Haagenstad says in describing their go to market product — Comet —  a digital-to-analog (DAC) converter for audiphiles seeking their acoustic nirvana.

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The former software engineer had previously spent the latter half of his career consulting within the industry, focused on due diligence and acquisition integration.  Together with partners and a number of contractors, EXOGAL has already launched in Europe and has revenues.

Their ‘low volume, high margin’ model includes the launch Comet with plans for follow-on system products such as a media streamer, amplifiers and mobile apps.

“Building a successful business in this space requires extensive domain expertise,” Haagenstad says, confident that he’s got what it takes to break through the noise.

Comments

  • http://tech.mn Jeff Pesek

    $300k closed per CEO Jeff Haagenstad

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