Auddia Inc. develops software products for the audio and podcast markets. The company's flagship product is Auddia, a subscription based mobile application that enables users to listen to various streaming AM/FM radio stations without commercials. It also provides Vodacast, an interactive podcasting platform and application; and Vodcast Hub, a content management system. The company was formerly known as Clip Interactive, LLC and changed its name to Auddia Inc. in November 2019. Auddia Inc. was founded in 2012 and is headquartered in Boulder, Colorado.
IPO Year: 2021
Exchange: NASDAQ
Website: auddia.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 9/16/2021 | $9.00 | Buy | Maxim Group |
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Maxim Group initiated coverage of Auddia with a rating of Buy and set a new price target of $9.00
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Restructuring projected to reduce engineering costs by $750,000 annually Current lead AI engineer to join the AI engineering team at the holding company level upon closing of the proposed business combination Utilization of internal and dedicated outsourced engineering talent expected to significantly increase the speed of product development BOULDER, Colo., Aug. 25, 2025 (GLOBE NEWSWIRE) -- Auddia Inc. (NASDAQ:AUUD) (NASDAQ:AUUDW) ("Auddia" or the "Company"), an AI first technology company that has built a proprietary AI platform for audio identification and classification to reinvent how consumers engage with audio, today announced a restructuring of its engineering team aimed at si
Auddia shifts business model from B2C to B2B, targeting artists and labels for SaaS access to ad-free AM/FM streaming listeners faidr users will enjoy free access to AI driven ad-free AM/FM streams on all music stations Music from new artists and deep tracks from established artists are expected to occupy up to 33% of stream content on average BOULDER, Colo., Aug. 20, 2025 (GLOBE NEWSWIRE) -- Auddia Inc. (NASDAQ:AUUD) (NASDAQ:AUUDW) ("Auddia" or the "Company"), an AI first technology company that has built a proprietary AI platform for audio identification and classification to reinvent how consumers engage with audio, today announced a strategic shift for faidr, the Company's AI driv
Restructuring into a holding company focused on delivering AI and web3 efficiencies to portfolio companies AI efficiencies include discounted AI compute costs, centralized AI model training and engineering, and utilization of AI tools to optimize operations Web3 efficiencies include leveraging treasury strategies and the development of new blockchains and tokens to reinvent market verticals, optimize portfolio company operations, and drive sustainable multiples of NAV BOULDER, Colo., Aug. 05, 2025 (GLOBE NEWSWIRE) -- Auddia Inc. (NASDAQ:AUUD) (NASDAQ:AUUDW) ("Auddia" or the "Company"), today announced that in follow up to the leadership and strategic changes announce
Jeff Thramann, Executive Chairman of Auddia, has succeeded Michael Lawless, who is retiring, as CEO to oversee restructuring New independent board members with experience in AI infrastructure and the evaluation of entrepreneurial ventures added to form a special committee Special committee to evaluate merits of opportunistic business combination to restructure with Auddia as a subsidiary of AI native holding company BOULDER, Colo., July 09, 2025 (GLOBE NEWSWIRE) -- Auddia Inc. (NASDAQ:AUUD) (NASDAQ:AUUDW) ("Auddia" or the "Company"), today announced that Jeff Thramann has succeeded Michael Lawless as CEO of Auddia. After thirteen years of leading Auddia and its predecessor, Clip Inter
BOULDER, Colo., March 27, 2025 (GLOBE NEWSWIRE) -- Auddia Inc., ("Auddia" or the "Company") (NASDAQ:AUUD, AUUDW)), an AI first technology company that has built a proprietary AI platform for audio identification and classification to reinvent how consumers engage with audio, today announced that effective before market open on Monday March 31, 2025, it will complete a 1-for-17 reverse stock split of its common stock. On December 30, 2024, the Company's stockholders approved an amendment to the Company's Certificate of Incorporation to affect a reverse stock split with the exact ratio to be set by its Board of Directors. The Board resolved to set the reverse stock split at the ratio of 1-f
The new proprietary algorithm will enable users to turn any FM music station into a "music-only" experience without ads or DJ talk Subscribers will now be able to listen to their favorite stations with or without DJ Talk via a new set of radio-preference controls BOULDER, Colo., March 20, 2025 (GLOBE NEWSWIRE) -- Auddia Inc. (NASDAQ:AUUD) (NASDAQ:AUUDW) ("Auddia" or the "Company"), an AI first technology company that has built a proprietary AI platform for audio identification and classification to reinvent how consumers engage with audio, today announced it will be implementing a new AI audio model within its faidr mobile application in order to provide users with even more control
Superapp strategy updated to highlight the AI advantage of securing data across all audio components on one platform Metrics updated to reflect durable increases in 30-day retention, new subscription conversion targets, and the first ever customer acquisition cost (CAC) targets for a paid subscriber BOULDER, Colo., March 19, 2025 (GLOBE NEWSWIRE) -- Auddia Inc. (NASDAQ:AUUD) (NASDAQ:AUUDW) ("Auddia" or the "Company"), an AI first technology company that has built a proprietary AI platform for audio identification and classification to reinvent how consumers engage with audio, today announced it has updated its corporate overview on the Company website. The Company has been executi
BOULDER, Colo., March 05, 2025 (GLOBE NEWSWIRE) -- Auddia Inc. (NASDAQ:AUUD) (NASDAQ:AUUDW) ("Auddia" or the "Company"), a technology company that has built a proprietary AI platform for audio identification and classification to reinvent how consumers engage with audio, today announced it will be presenting at this year's SXSW with its partner Sounds Profitable. The presentation, entitled "Podcast Apps Need to Step It Up", will outline how the company views the podcast industry's financial landscape, some tactics and strategies it has tried in order to improve that landscape for podcast listeners and creators, and provide further ideas for discussion with industry leaders. The s
faidr 30-day retention continues to build Upgraded subscription conversion optimization platform launched last week Subscription revenue guidance to be reported end of Q1 BOULDER, Colo., Feb. 10, 2025 (GLOBE NEWSWIRE) -- Auddia Inc. (NASDAQ:AUUD) (NASDAQ:AUUDW) ("Auddia" or the "Company"), a technology company that has built a proprietary AI platform for audio identification and classification to reinvent how consumers engage with audio, today announced that 30-day user retention metrics are continuing to build. Auddia reported acceleration of faidr 30-day retention to over 20% in October and finished the year with each month in Q4 over 20%. January retention continued to build to ju
faidr 30-day Retention Accelerated to 21% in October Which is 2x the Company's Internal Goal of 10% Subscription Conversion Optimization Strategies Beginning This Quarter Updated Subscription Conversion Metrics and New Subscription Revenue Expected to be Reported in Q1 BOULDER, Colo., Dec. 04, 2024 (GLOBE NEWSWIRE) -- Auddia Inc. (NASDAQ:AUUD) (NASDAQ:AUUDW) ("Auddia" or the "Company"), a technology company that has built a proprietary AI platform for audio identification and classification to reinvent how consumers engage with audio, today announced it has accelerated its 30-day user retention metrics to 21% in October, far exceeding its internal goal of 10% and continuing its upwa
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Live Leadership Updates
Restructuring projected to reduce engineering costs by $750,000 annually Current lead AI engineer to join the AI engineering team at the holding company level upon closing of the proposed business combination Utilization of internal and dedicated outsourced engineering talent expected to significantly increase the speed of product development BOULDER, Colo., Aug. 25, 2025 (GLOBE NEWSWIRE) -- Auddia Inc. (NASDAQ:AUUD) (NASDAQ:AUUDW) ("Auddia" or the "Company"), an AI first technology company that has built a proprietary AI platform for audio identification and classification to reinvent how consumers engage with audio, today announced a restructuring of its engineering team aimed at si
BOULDER, CO, Dec. 13, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – Auddia Inc. (NASDAQ:AUUD) (NASDAQ:AUUDW) ("Auddia" or the "Company"), developer of a proprietary AI platform for audio and innovative technologies for podcasts that is reinventing how consumers engage with audio, today announced the appointment of John Mahoney to the role of Chief Financial Officer. Mr. Mahoney succeeds Tim Ackermann, who resigned June 30, 2023. Mr. Mahoney brings over twenty years of finance and operational experience in the services industry spanning both publicly traded and privately held companies. His Auddia appointment follows roles with Quality Biomedical, Inc., a private equity backed and leading
BOULDER, CO, Feb. 15, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire -- Auddia Inc. (NASDAQ:AUUD) (NASDAQ:AUUDW) ("Auddia" or the "Company"), developer of a proprietary AI platform for audio and innovative technologies for podcasts that is reinventing how consumers engage with audio, today announced the appointment of Tim Ackerman to the role of Chief Financial officer (CFO). Mr. Ackerman succeeds Brian Hoff, who resigned November 4, 2022, and has been serving as a consultant since his departure. Mr. Ackerman brings over twenty years of finance and operational experience in the software and services industry spanning both publicly traded and privately held companies. His Auddia appointment
BOULDER, CO / ACCESSWIRE / April 14, 2021 / Auddia Inc. (NASDAQ:AUUD)(NASDAQ:AUUDW) ("Auddia" or the "Company"), developer of a proprietary AI platform for audio and innovative technologies for podcasts that is reinventing how consumers engage with audio, today announced the appointment of Brian Hoff to the role of Chief Financial Officer. Mr. Hoff succeeds Rick Liebman, who will remain with the Company in a transition capacity through April 30, 2021.Mr. Hoff brings extensive experience in leading high growth accounting and finance teams. His Auddia appointment follows STACK Infrastructure, a leading provider of digital infrastructure to high growth companies, where he most recently served a
Tom Birch to Leverage Industry Expertise to Act as Liaison to Broadcasting Industry BOULDER, CO / ACCESSWIRE / March 16, 2021 / Auddia Inc. (NASDAQ:AUUD)(NASDAQ:AUUDW) ("Auddia" or the "Company"), developer of a proprietary AI platform for audio and innovative technologies for podcasts that is reinventing how consumers engage with audio, announced today the appointment of Tom Birch to its Board of Directors. Tom will act as a liaison to the broadcasting industry to bring Auddia's subscription based premium AM/FM radio solution to market. Mr. Birch is the founder of Birch Radio, which was sold in 1987 to Dutch publishing conglomerate (and ultimate acquirer of Nielsen) VNU. Following the sal
Live finance-specific insights
Providing Forward Looking Guidance on User Metrics and Revenue for the First Time as the Company Transitions From Pre-Revenue to Revenue Generating in 2023 Investor Call and Webcast at 10:30 AM ET Today BOULDER, CO, Nov. 15, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire – Auddia Inc. (NASDAQ:AUUD) (NASDAQ:AUUDW) ("Auddia" or the "Company"), developer of a proprietary AI platform for audio and innovative technologies for podcasts that is reinventing how consumers engage with audio, today provided a corporate update, and will hold an investor call and webcast at 10:30 am ET today. Jeff Thramann, founder and executive chairman, stated, "We are excited to provide this corporate update as we ach
BOULDER, CO, Nov. 08, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire – Auddia Inc. (NASDAQ:AUUD) (NASDAQ:AUUDW) ("Auddia" or the "Company"), developer of a proprietary AI platform for audio and innovative technologies for podcasts that is reinventing how consumers engage with radio, today announced that it will host a corporate update call and investor webcast on Tuesday, November 15th at 10:30 am ET. Participants may dial into the call as follows: Domestic access: 1-877-270-2148 International access: 1-412-902-6510 Upon joining, please ask to be joined into the Auddia Inc. conference call. Participants may also access the live webcast by clicking the following link: https://event.chorusc
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