“Fifteen years after Apple first offered 3,000+ free podcasts on iTunes,
the medium has become mainstream.”

Join us on our mission to bring the best podcasts to the biggest audiences

With audiences growing an average 90% each month and with award-winning producers creating amazing shows for us, we want to grow faster. We need your help to achieve this vision. We are raising funds through Crowdcube. This way, all of you can be involved with Auddy and share in our exciting vision for tomorrow. The campaign is now live for a limited period of time – act fast to avoid missing out!

Why now? We need to grow. We’ll be investing in more great podcasts, expanding our team to build a bigger sales and marketing capability and the launch of 3 international markets quickly.

RegisterWhy Auddy?

*Capital is at risk

Benefits of investing

By owning shares in Auddy, you may have the opportunity to get a return on your investment through an IPO, sale or merger of Auddy or, also, if Auddy starts paying a dividend. There also may be opportunities to sell your shares if there are secondary sales in future financing rounds. Of course, early stage investments put your capital at risk and there can be no assurance as to future performance or the outcome of your investment.

The investment is open to UK and non-UK residents but there are special restrictions and rules for those investing from the United States.

Auddy is approved by HMRC as an EIS company. The Enterprise Investment Scheme allows investors to receive EIS tax relief of 30% of your investment (in the form of a deduction from the tax you pay). So if you invest £100, you get back £30 through tax relief. You also have nil capital gains tax when you dispose of your shares. For more details, read below.

Why Auddy?

  • 91% average monthly audience growth
  • June sales of over £80K
  • A pipeline of shows for 2021
  • Clients including Vodafone and The Open University
  • Management team and founders come from big roles in household name media brands like Netflix, Virgin, NatGeo, Warner Music, Viacom, Sky, Condé Nast and NBC/Universal.
  • Every team member is a shareholder.
  • This round is led by award-winning EIS venture capital fund, Haatch Ventures.

Join us now by pre-registering for Crowdcube, the platform which handled the crowdfunding for such notable startups as Monzo, Revolut, BrewDog, Nutmeg and many others.

EIS Information

As an EIS approved company, Auddy’s investors in the UK can receive tax relief as follows:

On a theoretical investment of £100

  • The investor receives 30% relief in the form of a  deduction from tax (i.e. a deduction of £30);
  • No capital gains tax on disposal of the investment; and
  • Loss relief on any loss suffered on the investment, again as a deduction against tax. The rate of relief is determined by the taxpayer’s taxation rate. At a 45% tax rate, the further loss relief on an £100 investment would be £31.50.

The effect of EIS tax relief on an investment which delivers a return of 100% (i.e. the company doubles in value) would be a non-taxed profit of £130 on a £100 investment.

The effect of EIS tax relief on a £100 investment which breaks even would be a non-taxed profit of £30.

The effect of EIS tax relief where the company fails and the investment is lost means that the actual loss suffered by an investor on an £100 investment would be -£38.50 (assuming a 45% tax rate).

EIS relief is available to all investors in the United Kingdom and for so long as they meet the rules regarding their connection to a person who is an employee of Auddy.

Separately, an investor in an EIS company may alternatively benefit from deferral relief: the right to defer the tax on the applicable portion of any present capital gains which are realised by the investor elsewhere and which are re-invested in the company. The deferral is until the date on which the investment in Auddy is realised and is in respect of only the invested portion.

Investing in start-ups and early-stage businesses involves risks, including illiquidity, lack of dividends, loss of investment, and dilution, and it should be done only as part of a diversified portfolio. Crowdcube is targeted exclusively at investors who are sufficiently sophisticated to understand these risks and make their own investment decisions. You will only be able to invest via Crowdcube once you are registered as sufficiently sophisticated.

Get in touch

If you’re interested in investing and have any questions , please contact us: crowdcube@auddy.co