Waverly Labs Inc.

An Earpiece that Translates Language

Company Information

Website:

https://www.waverlylabs.com/

Sector:

Consumer Electronics

Location:

New York, NY

Waverly Labs’ wireless earpieces interpret more than 20 languages.

Using patent-pending technologies including artificial neural networks, machine learning, and digital signal processing, these devices instantly translate conversation between users speaking different languages.

Speech is captured directly from the earpiece, then processed and translated in the “cloud.” The translation is heard directly in the user’s ear with minimal delays.

Waverly Labs developed its first translating earbuds in 2014, and generated more than $4 million in sales. Total sales for the company’s products have surpassed $8.5 million.

The company is raising capital to introduce its newest product, the “Ambassador.” This translation earpiece is tailored for professional users in global commerce and business.

Team Background

Sergio Diaz - VP of Product
Andrew Ochoa - CEO
Raising
$535K
Committed
$535K (100%)
Current Valuation
$14 million
Min. Investment
$380
Deal Type
Title III
(For all investors)
Offering Type
Equity
Finance History
  • $2.40 million
    2016-05-25
    Unknown
    (Crowdfunding)
  • $2.60 million
    2017-05-25
    Unknown
    (Crowdfunding)
  • $1.10 million
    2018-02-03
    Unknown
    (Crowdfunding)
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