“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.
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.