Republic Republic Republic
  • Log in
Open account
Oops! We couldn’t find any results...
Can’t find a deal? Try advanced search.
Is something missing? Add your suggestion here.
Primary market Live deals Trading Buy and sell Republic Note Own a piece of Republic's upside
Republic Ventures Opportunities for accredited investors
Republic Capital Multi-stage venture firm
Wallet Manage your digital assets Mobile app Available on iOS or Android Learning center Explore investor resources FAQ Get your questions answered
Capital fundraising Raise on Republic Tokenized assets Design, launch, manage tokenized assets Sharedrops Gift equity as a reward Founder Academy A complete guide to raising funds
Advisory Access veteran web3 advisors Infrastructure Stake your digital assets Tokenization Deploy your assets on-chain
Republic Capital In-house Venture Capital fund Broker dealer Regulated capital services
Republic Republic Republic
Oops! We couldn’t find any results...
Can’t find a deal? Try advanced search.
Is something missing? Add your suggestion here.
  • US

  • Log in
  • Open account
All investors
Primary market Live deals Trading Buy and sell
Republic Note Own a piece of Republic's upside
Accredited only
Republic Ventures Opportunities for accredited investors
Institutional
Republic Capital Multi-stage venture firm
More
Wallet Manage your digital assets Mobile app Available on iOS or Android Learning center Explore investor resources FAQ Get your questions answered
Growth capital solutions
Capital fundraising Raise on Republic Tokenized assets Design, launch, manage tokenized assets Sharedrops Gift equity as a reward Founder Academy A complete guide to raising funds
Web3 services
Advisory Access veteran web3 advisors Infrastructure Stake your digital assets
Tokenization Deploy your assets on-chain
Institutional services
Republic Capital In-house Venture Capital fund
Broker dealer Regulated capital services

ElectroSpit isn't accepting new investments

ElectroSpit’s deadline was December 29, 2022

Follow the company to stay updated on their progress, including future investment opportunities


Explore new investment opportunities:
View companies raising now
Campaign ended
Logo of ElectroSpit

ElectroSpit

Revolutionary talkbox & karaoke app heard on #1 song "Levitating" by Dua Lipa
Women Founders Black Founders B2C Music Hardware
Facebook Telegram Twitter LinkedIn
Featured image of ElectroSpit
$133,555
Raised
263
Investors
Successfully funded and closed on December 29, 2022.
Invest in ElectroSpit

Open for investment

Investors in ElectroSpit also invested in these companies. View more
Logo of  Metaintro

Metaintro

The Bloomberg of Labor Markets - AI-powered workforc...

Republic Funding Portal · Reg CF
Logo of Rentberry

Rentberry

Invest Pre-IPO in the AI Revolution Transforming $13...

Republic Funding Portal · Reg CF
Logo of The Sports Bra

The Sports Bra

The world's first sports bar fully dedicated to wome...

Republic Funding Portal · Reg CF
Logo of Anodos Labs Inc

Anodos Labs Inc

Banks have had their time. Now, it's yours. One app,...

Republic Funding Portal · Reg CF
Logo of Mintworks

Mintworks

$30T opportunity by 2030. We turn any asset into dig...

Republic Funding Portal · Reg CF
Logo of Cognivix

Cognivix

Robots that learn new assembly tasks from one demons...

Republic Funding Portal · Reg CF
Loading...
Pitch Updates 2 Reviews 48
Invest Invest in ElectroSpit
Facebook Telegram Twitter LinkedIn
Closed on December 29, 2022. Information may not be up-to-date. Campaign closed on December 29, 2022. Information displayed may not be up-to-date.
Problem Solution Product Traction Customers Biz. model Market Competition Vision and strategy Funding Founders
About Team Press

Documents

Republic (OpenDeal Portal LLC, CRD #283874) is hosting this Reg CF securities offering by ElectroSpit Inc.. View the official SEC filing and all updates:
Official SEC Logo Form C SEC.gov
Company documents
ElectroSpit Crowd SAFE Electrospit Form C.pdf
Loading

Hear from some of the 263 people reserved or invested in ElectroSpit


Show more

Highlights


Venture-backed
Company is backed by a venture capital firm
  • Black- & Woman-founded electronic musical instrument co. (patented tech)
  • Designed to empower musicians and communities by giving them a voice
  • Featured on #1 hit “Levitating” by Dua Lipa (1B+ streams!)
  • Created by a Grammy-winning Producer & Mechanical Engineer
  • Awarded 1st Place at Guthman Musical Instrument Competition
  • $16B market, $50M annual revenue potential

Problem


The "Talkbox" vocal sound is nearly impossible to create


The talkbox, popularized by Roger Troutman, produces the unmistakable electric vocal sound at the beginning of hits like "California Love" (Tupac & Dr. Dre), "Living on a Prayer" (Bon Jovi), and "24k Magic" (Bruno Mars).  Unfortunately, this incredible instrument is even more incredibly difficult to play.

Conventional talkbox with a tube is immobile, inconvenient, and inaccessible to creators. The instrument hasn’t changed much in the past 50 years; and it remains out of reach for most musicians. If an instrument is hard to set up, use, and move around with, most people won’t learn to play it.  We needed a better way. 

Solution



Introducing ElectroSpit,
the tubeless mobile talkbox
for the future


The iconic talkbox sound—now convenient and wearable in an attractive form factor. With a fully integrated iOS synth app and rechargeable batteries, creators have all they need to let their funk flow anytime, anywhere. Don’t need the synth app? ESX-1 works with your existing setup, no matter what guitar, keyboard, or Digital Audio Workstation you use.

Product


Electrify your voice
with the ESX-1 mobile tubeless talkbox and app




Electrospit ESX-1 has two parts: the wearable & the app.

Each part can be used independently or together—it’s a very modular user experience. Plug the wearable into the synth app to be fully mobile, plug the wearable into a guitar, keyboard, or DAW, or use the app with traditional talkboxes.


Traction


Used on hit songs by Bruno Mars, Big Boi, Dua Lipa, David Guetta, Skrillex, & E-40



Sales are up with 3X YoY growth (Q1/2021) and our videos are going viral with 3.5M organic views!

Our wildly successful 2018 Kickstarter raised 282% of our initial goal within 48 hours. In 2020, our first technology patent was granted. The ElectroSpit ESX-1 is both the 2020 Guthman Award 1st Place AND People’s Choice winner (the top award in our space).

The Electrospit ESX-1 has been featured in the hits "Versace on the Floor" by Bruno Mars and David Guetta, multi-platinum “Levitating” by Dua Lipa and the "Levitating" remix ft Missy Elliot and Madonna, “Drum Machine” by Big Boi and Phantogram ft Skrillex, and more.

Despite the pandemic, we’ve generated over $300K+ in revenue since we began shipping the ElectroSpit ESX-1 in February of 2020!

In 2021, the ElectroSpit ESX-1 sound was used as part of the AMA Awards, as well as in Dua Lipa’s Grammy Awards performance of “Levitating” from her 2021 Grammy-winning album (Best Pop Vocal Album). 

In 2021, Stevie Wonder performed wearing the ESX-1 for the Sesame Street 50th Anniversary Special and recorded the Sesame Street Theme Song using the ElectroSpit ESX-1.

Customers


David Guetta, Teddy Riley, Pee Thugg (Chromeo),  Jordan Rudess, Mr. Talkbox, & more


David Guetta (DJ Mag World's #1 DJ) demonstrates the ElectroSpit Talkbox


Bastille, Pee Thugg (Chromeo), Chad Hugo (The Neptunes), Mr. Talkbox, Teddy Riley, Jordan Rudess, Mikkel Eriksen, MyGuyMars, Michael Phillips, Swatkins, Magic Girl, Terrace Martin, Cory Henry, Flavio Aster, Yonni, & Asaf Lavie


Diamond Ortiz

Business model


We sell D2C at $599
with a subscription model coming soon

We’re starting strong—demand and interest are already high; we’ve been selling units since our successful 2018 Kickstarter. 

The ESX-1 is sold directly by ElectroSpit, with favorable unit economics due to its boutique market. The ESX-2 will be sold through resellers as a premium wearable for the creators and fans who’ve seen and heard their favorite artists using the ESX-1. The third-gen ESX-lite will be a mobile accessory to pick up when buying your next cell phone.

Profit and Revenue as of October 2021

Market


A $16B
music products market

The global musical instrument market was valued at $16B+ in 2019, with conservative estimates of 3.2% CAGR through 2025. Our addressable segment of that market, electromechanical instruments, is worth hundreds of millions per year.

365M people play instruments worldwide, with another 158M who intend to learn. Music making exploded during the pandemic, with over one third of instrumentalists having started learning within the last 12 months. There are 55M people who record or produce music; and electronic music hardware is the largest serviceable obtainable segment of the market. 

Competition


Our patented tubeless tech sets us apart from the rest



The ElectroSpit ESX-1 talkbox has few direct competitors—there being no other portable, tubeless talkboxes on the market that we're aware of. Our closest competitors are traditional talkbox speaker units that typically retail for around $200.

We did away with the tube so you don’t have to drool. Our closest competitors, Rocktron and Dunlop, offer traditional talkbox speaker units that typically retail for around the $200 mark.  Their talkboxes are essentially the same tech and form factor that has been available for 50 years.  ElectroSpit’s tubeless tech and app deliver unmatched ease of use—whereas with traditional tube talkboxes, many players are unable to pronounce words and give up.

Vision and strategy


We're building an AI music creation & performance ecosystem



The money raised here will allow us to design and market the ESX-2 while we manufacture 2000 units of the ESX-1.

Beyond 2021, we’ll see the increased availability of our instruments lead to a diversified revenue stream. The ESX product lines will be followed by a premium content subscription service—a yearly subscription gets our buyers access to exclusive songs and lessons from the founder and other professionals.

From talkbox karaoke for consumers, to mobile instruments and jam session apps for students and gamers, the future is bright.

Funding


Backed by David Guetta, E-40, Just Blaze, ex-Google engineers, and VCs

We started at Zoo Labs, an accelerator founded by an early Google exec and engineer (Vinitha & David Watson). Early product development of the ESX-1 was funded by Exponential Creativity Ventures CEO Adam Huttler and Pee Thugg of Chromeo. Later funds were secured through successful crowdfunding with over 400 backers.

Inspired by their love of the talkbox and ElectroSpit’s vision for its future, superstar artist / producer David Guetta and Just Blaze have recently joined as investors. Stevie Wonder is advising on the next version of the ElectroSpit talkbox. Finally, noted Bay Area rap icon and entrepreneur E-40 has made it his mission to see this Black-owned, Bay Area Music Tech company succeed and has also joined as an investor and advisor.

Join us as we invent the future of musical instrument technology!

Founders


Love and hip-hop,
the first family of the talkbox


Electrospit was co-founded by husband and wife team Bosko and Maya Kante in 2014 at a Zoo Labs Music Technology Residency. Bosco is a mechanical engineer as well as a Grammy-winning musician and producer. Maya is a sales and marketing specialist. 

Driven by the need to solve the issues of portability, cost, and learning curve posed by the classic talkbox, they invented the ESX-1 to inspire creators in the fast growing musical instrument market. 

Made by Artists for Artists, in Oakland, California.

ElectroSpit's patented tubeless technology was developed by Bosko, one of the world's top talkbox artists (Kanye, Drake, Dua Lipa), and Bosko build the first prototypes by hand.

Deal terms


Valuation cap

$8,000,000

The maximum valuation at which your investment converts into equity shares or cash.
Learn more

Discount

20%

If a trigger event for ElectroSpit occurs, the discount provision gives investors equity shares (or equal value in cash) at a reduced price.
Learn more.

Minimum investment

$100

The smallest investment amount that ElectroSpit is accepting.
Learn more

Maximum investment

$200,000

The largest investment amount that ElectroSpit is accepting.
Learn more

Funding goal

$535K

The maximum amount the offering can raise is $535K.
Learn more

Deadline
ElectroSpit needs to reach their minimum funding goal before the deadline ( ). If they don’t, all investments will be refunded.
Learn more
Type of security

Crowd SAFE

A SAFE allows an investor to make a cash investment in a company, with rights to receive certain company stock at a later date, in connection with a specific event. · Learn more

Nominee Lead

bosko@electrospit.com

Will direct the Nominee on certain matters like voting, amendments and conversions affecting the security.
Learn more

How it works

Documents

Republic (OpenDeal Portal LLC, CRD #283874) is hosting this Reg CF securities offering by ElectroSpit Inc.. View the official SEC filing and all updates:
Official SEC Logo Form C SEC.gov
Company documents
ElectroSpit Crowd SAFE Electrospit Form C.pdf

Bonus perks

In addition to your Crowd SAFE, you'll receive perks for investing in ElectroSpit.
44 investors
Invest
$250
Receive
  • Sound Pack by Bosko
  • Limited (56 left of 100)
55 investors
Invest
$500
Receive
  • ESX-2 Talkbox (early 2023)
  • Soundpack by Bosko
  • Limited (45 left of 100)
10 investors
Invest
$1,000
Receive
  • ESX-1 VIP Talkbox
  • Soundpack by Bosko
  • Limited (90 left of 100)
8 investors
Invest
$2,000
Receive
  • ESX-1 VIP (now shipping)
  • ESX-2 (early 2023)
  • Sound Pack by Bosko
  • Limited (92 left of 100)
1 investor
Invest
$10,000
Receive
  • Access to our quarterly investor report and AMA Zoom with the Founders.
  • ESX-1 VIP
  • ESX-2 (early 2023)
  • Sound Pack by Bosko
  • Limited (9 left of 10)

About ElectroSpit

Legal Name
ElectroSpit Inc.
Founded
Nov 2017
Form
Delaware Corporation
Employees
5
Website
electrospit.com
Social Media
Headquarters
Google Map location of of ElectroSpit
1035 7th Street , Oakland, CA
Headquarters
1035 7th Street, Oakland, CA, United States 94605

ElectroSpit Team
Everyone helping build ElectroSpit, not limited to employees

Profile picture of Maya  Kante
Maya Kante
Co-Founder / CMO
U.C. Berkeley, Marketing Business Strat. / Brand Development
Profile picture of Bosco Kante
Bosco Kante
Co-Founder/ CEO
B.S. - Mechanical Engineering (USC) Grammy Winning Producer /Talkboxer
Profile picture of David Guetta
David Guetta
Advisor
World's #1 DJ, Grammy Winning Producer
Profile picture of Earl "E40" Stevens
Earl "E40" Stevens
Advisor
Mogul, Entrepreneur, Rap Star
Profile picture of Just Blaze
Just Blaze
Advisor
Grammy Winning Producer Jay-Z, Eminem Game Developer
Profile picture of Aurelius  Prochazka
Aurelius Prochazka
Software Engineer
Profile picture of John  Mauriello
John Mauriello
Industrial Design
Profile picture of Dorian Ferrari
Dorian Ferrari
CAD/Design for Manufacturing
Profile picture of Aaron  Athwal
Aaron Athwal
Digital Marketing & Ads
6 more team members
Maya Kante
Co-Founder / CMO
Bosco Kante
Co-Founder/ CEO
Aurelius Prochazka
Software Engineer
John Mauriello
Industrial Design
David Guetta
Advisor
Dorian Ferrari
CAD/Design for Manufacturing
Earl "E40" Stevens
Advisor
Just Blaze
Advisor
Aaron Athwal
Digital Marketing & Ads

Press

AudioKit Powered Instrument Wins the Guthman Competition
AudioKit Pro AudioKit Pro
·
Mar 20, 2020

The Guthman Competition has been called the "Pulitzer Prize" for musical instruments. Every year, creators from all over ...

The ElectroSpit Is A Portable Talkbox With Lots of Promise
ADSR ADSR
·
Feb 13, 2020

Meet the ElectroSpit EX-1 Mobile Talkbox, the first-ever portable talkbox that provides a simple... Meet the ElectroSpit ...

ElectroSpit Brings a New Model of Artistic Entrepreneursh...
Medium Medium
·
Jun 5, 2018

by Rutger Ansley Rosenborg Bosko Kante has a confession to make. When he performed alongside Kanye West at the American M...

Introducing future funk talkbox vocals with ElectroSpit |...
Native Instruments Blog Native Instruments Blog
·
May 17, 2018

Bosko: Going way back, when I was a kid, I used to breakdance, and one of my favorite songs to breakdance to was "More Bo...

This New Instrument Reimagines the Infamous Talkbox - Core77
Core77 Core77

Bosko Kante is a grammy-winning artist, producer and most recently, innovator. He and his wife Maya Kante co-founded Elec...

This Kickstarter Completely Reinvents the Talkbox
Pitchfork Pitchfork

Producer and mechanical engineer Bosko has launched a Kickstarter campaign for the ElectroSpit ESX-1, a new musical devic...

Logo of ElectroSpit

ElectroSpit

ElectroSpit successfully raised $133,555 from 263 investors on December 29, 2022
Profile picture of Willis Wilson
Profile picture of Andrew Coppola
Profile picture of Angela Johnson
Profile picture of Steven Yeisley
Profile picture of Neeraj Sabharwal
Willis, Andrew, Angela, Steven, Neeraj, and 258 others invested. 48 Reviews
Republic

Giving everyone access to early-stage startup investing

For investors
  • Why invest
  • How it works
  • FAQ
  • Risks
  • Privacy policy
  • Accessibility
  • Cookie Preferences
  • Form CRS
For startups
  • Why raise
  • Learn
  • FAQ
  • Tokenized assets
Company
  • About
  • Insights
  • Events
  • Contact
  • Security
  • We're hiring!
Dollar Refer a startup, get $2,500
Dollar Refer a startup, get $2,500

Invest in the app

Android app iOS app

Invest in the app

Android app iOS app

This site (the "Site") is owned and maintained by OpenDeal Inc., which is not a registered broker-dealer. OpenDeal Inc. does not give investment advice, endorsement, analysis or recommendations with respect to any securities. All securities listed here are being offered by, and all information included on this Site is the responsibility of, the applicable issuer of such securities. The intermediary facilitating the offering will be identified in such offering’s documentation.

All related securities activity is conducted by OpenDeal Broker LLC a registered broker-dealer, Member of FINRA and SiPC, an affiliate of OpenDeal Inc. and OpenDeal Portal LLC, located at 149 5th Avenue, 10th Floor, New York, NY 10010. Please check our background on FINRA’s BrokerCheck.

Certain pages discussing the mechanics and providing educational materials regarding regulation crowdfunding offerings may refer to OpenDeal Broker LLC and OpenDeal Portal LLC collectively as “Republic”, solely for explanatory purposes.

Neither OpenDeal Inc., OpenDeal Portal LLC nor OpenDeal Broker LLC make investment recommendations and no communication, through this Site, or in any other medium, should be construed as a recommendation for any security offered on or off this investment platform. Investment opportunities posted on this Site are private placements of securities that are not publicly traded, involve a high degree of risk, may lose value including the total loss of invested capital, are subject to holding period requirements and are intended for investors who do not need a liquid investment. Past performance is not indicative of future results. Investors must be able to afford the loss of their entire investment. Only qualified investors, who understand the risks of early-stage investment and who meet the Republic's investment criteria may invest. Investors may be restricted to only Accredited Investors or non-U.S. persons, to invest in offerings hosted by OpenDeal Broker. Neither OpenDeal Inc., OpenDeal Portal LLC nor OpenDeal Broker LLC, nor any of their officers, directors, agents and employees make any warranty, express or implied, of any kind whatsoever related to the adequacy, accuracy or completeness of any information on this Site or the use of information on this site. Offers to sell securities can only be made through official offering documents that contain important information about the investment and the issuers, including risks. Investors should carefully read the offering documents. Investors should conduct their own due diligence and are encouraged to consult with their tax, legal and financial advisors.

By accessing the Site and any pages thereof, you agree to be bound by the Terms of Use and Privacy Policy. Please also see OpenDeal Broker’s Business Continuity Plan and Additional Risk Disclosures. All issuers offering securities under regulation crowdfunding as hosted by OpenDeal Portal LLC are listed on the All Companies Page. The inclusion or exclusion of an issuer on the Platform Page and/or Republic’s Homepage, which includes offerings conducted under regulation crowdfunding as well as other exemptions from registration, is not based upon any endorsement or recommendation by OpenDeal Inc, OpenDeal Portal LLC, or OpenDeal Broker LLC, nor any of their affiliates, officers, directors, agents, and employees. Rather, issuers of securities may, in their sole discretion, opt-out of being listed on the Platform Page and Homepage.

Investors should verify any issuer information they consider important before making an investment.

Investments in private companies are particularly risky and may result in total loss of invested capital. Past performance of a security or a company does not guarantee future results or returns. Only investors who understand the risks of early stage investment and who meet the Republic's investment criteria may invest.

Neither OpenDeal Inc., OpenDeal Portal LLC nor OpenDeal Broker LLC verify information provided by companies on this Site and makes no assurance as to the completeness or accuracy of any such information. Additional information about companies fundraising on the Site can be found by searching the EDGAR database, or the offering documentation located on the Site when the offering does not require an EDGAR filing.

To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account. Therefore, when you use the Services we will ask for your name, address, date of birth, and other information that will allow us to identify you. We may also ask to see your driver's license, passport or other identifying documents.

Republic and its affiliates are not and do not operate or act as a bank. Certain banking services are provided by BitGo Trust Company, a South Dakota-chartered trust company and registered money services business. BitGo Trust Company is not an FDIC member. Digital (crypto) assets and investment products are not insured by the FDIC, may lose value, and are not deposits or other obligations of BitGo Trust Company and are not guaranteed by BitGo Trust Company. Terms and conditions apply.

Invest in startups using your credit card
You can invest using your credit card

Made in SF/NYC