Como Audio, a small audio company based in Boston, is looking to raise three million dollars in a crowdfunding campaign on WeFunder.com. The company designs, manufacturers and sells voice-enabled smart speakers that integrate with both the Google and the Amazon ecosystems. The money from their current crowdfunding campaign will allow Como Audio to make two new products, Speakeasy and Turntable. Speakeasy would have Google Assistant built-in, allowing users to command their speakers using their voices alone, while the Turntable would connect to music systems via Bluetooth, not necessitating a wire.
In the past two years since Como Audio has been in business, they’ve sold over four million dollars worth of smart speakers. Currently, the speakers are sold on Amazon, the Como Audio website, and over 300 dealers and retailers internationally, with delivery times as short as 72 hours in the U.S and Europe and a week in Asia.
Como Audio is its founder and designer Thomas DeVesto’s third company. Previously, he was CEO, founder and designer at Tivoli Audio and Cambridge SoundWorks, acquired in 2015 and 2000, respectively.
“My entire professional life, in all the companies I’ve founded and sold, I’ve pursued a single goal: delivering music the way the artist created it, in your home. At Como Audio, we aim to provide the highest-quality listening experience so music enthusiasts like myself can easily listen to the world’s great music from a single device,”
said DeVesto. In this last year alone, the smart speaker market grew 50% from two billion to three billion, he continued. In the U.S alone, the smart speaker market rose by 10% in 2018 with a huge influx of new users. Although Amazon and Google’s smart displays currently dominate the smart speaker market, more manufacturers like Bang & Oflufsen, Sonos, and Como Audio are producing smart speakers as well. It was the smart speaker’s rise in popularity in 2018 that caused Sonos to file to go public in the same year.
Unlike many of its competitors, speakers from Como Audio do not require an external device like a smart phone or computer. Instead, they can be controlled directly from the speaker itself while connected to music platforms like Spotify, FM and Internet radio. With over 16,000 items sold in the past two years, it remains to be seen how much more Como Audio’s crowdfunding campaign will accelerate sales.