Auddia

Auddia, Inc. engages in the development of audio content ecosystem technology and products. The firm operates an interactive radio platform called Auddia, which is a subscription based commercial free AM and FM software application. It also offers Vodacast, an interactive podcasting platform and application, which enables listeners to see video and other digital content in a digital feed that correlates with the podcast audio. The company was founded by Jeffrey J. Thramann in 2011 and is headquartered in Boulder, CO.

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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 upward momentum from the summer as a result of its new product and marketing initiatives.

Auddia Announces Acceleration of User Retention Momentum into Q4 in Support of Subscription Revenue Growth in 2025

BOULDER, CO / ACCESSWIRE / November 14, 2024 / Auddia Inc. (NASDAQ:AUUD)(NASDAQ:AUUDW) ("Auddia" or the "Company"), a proprietary AI platform for audio identification and classification and related technologies, reinventing how consumers engage with AM/FM radio, podcasts, and other audio content, today announced its participation at the upcoming Virtual Investor Summit Microcap Event on November 21st. The Company will be available for 1-on-1 meetings throughout the day in addition to its formal presentation.

Auddia to Present at the Virtual Investor Summit Microcap Event on November 21st

faidr 30-day retention has grown from 5% to 12% in the last year, 2% above Auddia's targeted 30-day retention goal Company now shifts focus down funnel to optimize subscription conversion metrics to drive high margin revenue BOULDER, Colo., Oct. 14, 2024 (GLOBE NEWSWIRE) -- Auddia Inc. (NASDAQ:AUUD) (NASDAQ:AUUDW) (“Auddia” or the “Company”), a proprietary AI platform for audio identification and classification and related technologies, reinventing how consumers engage with AM/FM radio, podcasts, and other audio content, today announced it has exceeded its 30-day user retention goal of 10%, achieving 12% in the month of September.

Auddia Announces Higher Than Expected Success in User Retention and Shifts Focus to Optimizing Subscription Conversions

faidr now has more than 13,000 available AM/FM stations, up from approximately 5,200 Subscribers of faidr now have access to 9,000+ ad-free AM/FM stations BOULDER, Colo., Sept. 30, 2024 (GLOBE NEWSWIRE) -- Auddia Inc. (NASDAQ:AUUD) (NASDAQ:AUUDW) (“Auddia” or the “Company”), a proprietary AI platform for audio identification and classification and related technologies, reinventing how consumers engage with AM/FM radio, podcasts, and other audio content, today announced it has grown its total available stations within the faidr app to over 13,000 AM/FM stations, more than 9,000 of which are ad-free for subscribers.

Auddia Announces Doubling the Number of Stations in Its faidr Mobile App

Presentation on Tuesday, September 17th, at 11:00 a.m. E.T. BOULDER, CO, Sept.

Auddia Inc. to Participate in the 2024 Gaming, Media & Entertainment Virtual Conference, Presented by Maxim Group LLC

Forward+ and Chapter Visualization Leverage Auddia's Advanced AI Technology to Introduce Leading Podcast Listening Experience

Auddia Announces Industry First AI Podcast Player Added to faidr

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BOULDER, CO, Sept. 03, 2024 (GLOBE NEWSWIRE) -- More Than 90% of New Vehicles Now Offer Apple CarPlay or Android Auto and Will Have Access to faidr's AI Technology

Auddia Announces Integration of faidr Into Apple CarPlay and Android Auto

Newest Technology Enhances Listener Experience and Provides Users More Control Upgrades Expected to Increase User Base and Subscription Revenue Investor Webcast and Updated Presentation Today at 4:30 pm ET at the Investor Summit BOULDER, CO, Aug. 20, 2024 (GLOBE NEWSWIRE) -- Auddia Inc. (NASDAQ:AUUD) (NASDAQ:AUUDW) (“Auddia” or the “Company”), a proprietary AI platform for audio identification and classification and related technologies, reinventing how consumers engage with AM/FM radio, podcasts, and other audio content, today announced the launch of faidr 3.1 with product improvements aimed at driving enhanced user metrics to support increased subscription revenue. The Company will also be holding an investor webcast and updated presentation today at 4:30 pm ET at the Investor Summit: https://www.webcaster4.com/Webcast/Page/3062/51129 “The overarching goal of Auddia since launching faidr has been to continuously improve the app and its capabilities to drive towards user metrics that provide a favorable return on advertising spend.

Auddia Announces Launch of faidr 3.1 With New AI Functionality

BOULDER, CO, Aug. 15, 2024 (GLOBE NEWSWIRE) -- Auddia Inc.  (NASDAQ:AUUD) (NASDAQ:AUUDW) (“Auddia” or the “Company”), a proprietary AI platform for audio identification and classification and related technologies, reinventing how consumers engage with AM/FM radio, podcasts, and other audio content, today announced that it will be presenting at the upcoming Virtual Investor Summit on August 20, 2024. Investors may request a one-on-one meeting with management by registering here:  https://investorsummitgroup.com .

Auddia to Present at August 20th Virtual Investor Summit Microcap Event

Ultimate Motorcycling Magazine's Podcast Motos And Friends Will be the First Partner for faidr's Subscription Beta faidr's Beta Program Pays Podcast Owners per Listen While Delivering an Ad-reduced Experience for Users BOULDER, CO, July 09, 2024 (GLOBE NEWSWIRE) -- Auddia Inc. (NASDAQ:AUUD) (NASDAQ:AUUDW) (“Auddia” or the “Company”), a proprietary AI platform for audio identification and classification and related technologies, reinventing how consumers engage with AM/FM radio, podcasts, and other audio content, today announced it has secured the first partner for its beta podcast subscription program with Ultimate Motorcycling Magazine. "We at the Motos And Friends understand the interruptive downside to advertising in podcasting, and we've always been thoughtful about integrating relevant sponsorship content into our episodes," said Arthur Coldwells, the founder and host of Motos And Friends.

Auddia Announces First Beta Program Partner for Subscription Pay-Per-Play Podcasting

BOULDER, CO, April 29, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire -- Auddia Inc. (NASDAQ:AUUD) (NASDAQ:AUUDW) ("Auddia" or the "Company"), a developer of a proprietary AI platform for audio and innovative technologies for podcasts that is reinventing how consumers engage with audio, today announced that it has closed a private placement of $2.3 million of convertible preferred stock and common stock warrants.

Auddia Announces Closing of $2.3M PIPE to Eliminate Debt and Regain Nasdaq Compliance

Auddia (NASDAQ: AUUD ) stock is rocketing higher on Monday after the company announced it has been awarded a patent for its core artificial intelligence ( AI ) technology. This patent is tied to the company's flagship faidr app that delivers ad-free music to its subscribers.

Why Is Auddia (AUUD) Stock Up 192% Today?

Proceeds will advance the recently announced enhanced podcast initiatives and support faidr 3.1 UX improvements  New financing better positions the Company for its ongoing M&A strategy Financing secured without providing warrant coverage BOULDER, CO, March 18, 2024 (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 that it has closed on $3.5M of new financing by selling 1.3M common shares from its previously announced equity line. “We have a number of product enhancements to faidr that are in our pipeline in addition to the innovative Seamless Play and Forward+ capabilities we announced as part of our Enhanced Podcasts suite last week,” said Theo Romeo, Chief Product Marketing Officer for Auddia.

Auddia Announces New $3.5M Financing

Partnership with Sounds Profitable will support a renewed focus on SaaS and integration partnerships for Auddia's podcast technology

Auddia Announces Partnership with Podcast Industry Leader, Sounds Profitable; Provides Update on Enhanced Podcasts

Continuing to pursue the two AM/FM streaming radio targets under LOI that are more favorably priced Expects to reengage with Radio FM after other targets are acquired and conditions improve for a larger transaction BOULDER, CO, March 07, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire - Auddia Inc. (NASDAQ:AUUD) (NASDAQ:AUUDW) (“Auddia” or the “Company”), a proprietary AI platform for audio identification, classification and related technologies, reinventing how consumers engage with AM/FM radio, podcasts, and other audio content, today announced the withdrawal of the S-1 on file to secure the financing to acquire Radio FM, a leading AM/FM radio streaming app. “We have been pursuing an aggressive AM/FM streaming app acquisition strategy by negotiating with three targets simultaneously,” said Jeff Thramann, Executive Chairman of Auddia.

Auddia Announces Withdrawal of S-1 to Finance Acquisition of Radio FM

All three acquisition targets in total would represent nearly 10 million monthly active users (MAUs), over $5M in annual revenue, and over $3M in operating cash flow

Auddia Updates Status of Overall M&A User Acquisition Strategy

Acquired ad revenue growth expected from improving ad market rates and optimization of programmatic CPMs Near term integration of Auddia's AI into the Radio FM (RFM) app delivers a premium ad-free AM/FM listening experience for existing users who elect to subscribe Near term integration of Auddia's AI into the RFM app provides Auddia ad-free podcast partners access to global user base BOULDER, CO, Feb. 29, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire – Auddia Inc. (NASDAQ:AUUD) (NASDAQ:AUUDW) ("Auddia" or the "Company"), a proprietary AI platform for audio identification and classification and related technologies, that is reinventing how consumers engage with AM/FM radio, podcasts, and other audio content, detailed today how the company expects to drive significant synergies through its proposed acquisition of streaming app Radio FM. Theo Romeo, CMO and Chief Product Officer of Auddia, said, “Radio FM currently generates almost all of its revenue from digital ad placements on a free tier.

Auddia Details Expected Synergies of Proposed Acquisition of Radio FM

Radio FM has 4.6 million MAUs listening to streaming AM/FM radio stations, generating $2.23M in high margin revenue Radio FM delivers $1.4M in operating cash flow to significantly reduce Auddia's burn BOULDER, CO, Feb. 27, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire - Auddia Inc. (NASDAQ:AUUD) (NASDAQ:AUUDW) ("Auddia" or the "Company"), a proprietary AI platform for audio identification and classification and related technologies, that is reinventing how consumers engage with AM/FM radio, podcasts, and other audio content, announced today that it has signed a definitive purchase agreement to acquire Radio FM (RFM), a leading AM/FM streaming app. Closing the acquisition remains subject to financing the acquisition cost.

Auddia Signs Purchase Agreement to Acquire Radio FM; Advancing M&A User Acquisition Strategy

BOULDER, CO, Feb. 23, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire – Auddia Inc., (“Auddia” or the “Company”) (Nasdaq: AUUD, AUUDW), a proprietary AI platform for audio identification and classification and related technologies, that is reinventing how consumers engage with AM/FM radio, podcasts, and other audio content, today announced that effective before market open on Tuesday February 27, 2024, it will complete a 1-for-25 reverse stock split of its common stock.

Auddia Announces Reverse Stock Split

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.

Auddia Inc. Appoints John Mahoney as Chief Financial Officer

Proposed acquisition target would accelerate audio Superapp status by introducing unique high-margin music player capabilities into faidr

Auddia Announces Signing of Third Non-Binding LOI for its Streaming Audio M&A Strategy

Auddia AUUD, -3.22% said Monday it received written notice from Nasdaq staff on Oct. 24 that it hadn't regained compliance with the exchange's bid price requirement, and staff would delist the company's stock unless an appeal was filed.

Auddia to appeal Nasdaq delisting decision

BOULDER, CO, Sept. 20, 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, announced today that it will be presenting at the following upcoming investor conferences.

Auddia Announces Presentations at Upcoming Investor Conferences

BOULDER, CO, Aug. 25, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – Auddia Inc., (“Auddia” or the “Company”) (Nasdaq: AUUD, AUUDW), developer of a proprietary AI platform for audio and innovative technologies for podcasts that is reinventing how consumers engage with audio, announced today that it was not able to file its Quarterly Report for the quarter ended June 30, 2023 by the August 21, 2023 extended filing deadline established by the Securities and Exchange Commission.  The Company, therefore, is a late filer with respect to such report.

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