{"data":{"type":"company_profile","id":60820,"entity_id":"wefunder:company:60820","attributes":{"canonical_url":"https://wefunder.com/univoice","generated_at":"2026-06-16T04:59:17Z","updated_at":"2026-06-15T05:00:23Z","entity_ids":{"company":"wefunder:company:60820","slug":"wefunder:company_slug:univoice"},"profile_visibility":{"owner_published":true,"public_search_results":true,"site_search_listed":true,"privacy_mode":"promote","invite_only":false},"provenance":{"source":"wefunder_public_company_profile","as_of":"2026-06-16T04:59:17Z","claims":{"total_amount_raised":{"source":"FrontCompanySummary#amount_raised","last_verified_at":"2026-06-15T05:00:23Z","as_of":"2026-06-16T04:59:17Z","confidence":"high"},"total_investors":{"source":"FrontCompanySummary#number_of_investors","last_verified_at":"2026-06-15T05:00:23Z","as_of":"2026-06-16T04:59:17Z","confidence":"high"},"active_raise_states":{"source":"Fundraise.visible(nil, nil)","last_verified_at":"2025-02-06T01:17:55Z","as_of":"2026-06-16T04:59:17Z","confidence":"high"},"latest_fundraise_state":{"source":"Fundraise.visible(nil, nil).order(funding_started_at)","last_verified_at":"2025-02-06T01:17:55Z","as_of":"2026-06-16T04:59:17Z","confidence":"medium"}}},"company":{"id":60820,"entity_id":"wefunder:company:60820","slug":"univoice","name":"Univoice","tagline":"Teaching the world languages through music","elevator_pitch":"Univoice helps you learn a new language through music – no singing skills required! Unlike traditional language apps that teach you ‘classroom’ speak, Univoice teaches you to speak a new language as it’s spoken in the real world - including informal and slang speech. Simply select the language / genre of music you're in the mood for, and start singing along with the artist. As you sing or speak, you will receive instant, color-coded feedback, graded on pronunciation alone (not pitch or tone).","story":"Though we established the company\u0026nbsp;in 2018, the idea of Univoice has been in my mind and on my heart for decades on end.\u0026nbsp;For the past 2+ years, the team has been hard at work bringing this vision to reality.Univoice is an app built to teach languages. We're utilizing the disruptive, scientifically-backed method of music to make language learning more fun, addicting, and effective.What Our Users Have to Say\"Finally a way to learn languages through song, Eureka! Time to brush up on some of those friendly greetings\" ---- PurpleSquirrelInc\"The hardest part of learning a new language for me has always been memorization, until I started learning through songs. It’s far easier to remember lyrics than lectures and lessons.\" ---- Nikolaj A.\"Good to use with friends as a double karaoke / language learning activity.\" ---- Mirthful mermaid“I have been wanting to learn Spanish for a long time, but I would always get bored taking classes and using other apps. Univoice got me excited about learning again!” ---- Sydney M.\"I love this app! Learning a language through song...it’s genius! Can’t wait to see my progression in Spanish!\" ---- KipKun\"This is so cool! Been wanting to learn Spanish (fluent in English and French!) and this is SO easy/fun to use. Telling all my friends to stop binging Netflix and use this app!\" ---- libbyfirer\"Hemos intentado todo en mi familia para aprender inglés y esta es la forma más entretenida de hacerlo. Duolingo pero mucho mas divertidoooooo.\" ---- veritopw\"It's incredible that something like this is so effective. I am so excited to learn a different language with songs I love.\" ---- JC925From age 6 to 26Ever since I\u0026nbsp;could crawl, I've been woefully obsessed with 2 things: music \u0026amp;\u0026nbsp;languages. Growing up in a trilingual household (speaking Arabic at home, French at school, \u0026amp; English in society), I was raised with a deep fascination for language and culture. Starting at the age of 6, I\u0026nbsp;began playing piano \u0026amp;\u0026nbsp;singing.\u0026nbsp;I\u0026nbsp;would also envision a world free from cultural and linguistic barriers; one in which we'd seek to see the world through one another's eyes, and - in so doing - engender a cross-cultural understanding that would turn our global conflicts into global opportunities.Fast-forward 20 years. Today, I\u0026nbsp;speak 5 languages (aiming for 7 by age 30), perform music any chance I get, and am working hard to turn my dream world into our real world.Proficient in 3 months?!By the time I\u0026nbsp;began self-teaching German in\u0026nbsp;high school, I had become disillusioned by the language platforms out there.\u0026nbsp;Every tool was either too academic, impractical in its teachings, repetitive, or didn’t stick. Until, one day, I\u0026nbsp;stumbled across a German music playlist. Once I started listening, I\u0026nbsp;couldn't stop.\u0026nbsp;I began picking up vocabulary quickly, tracking grammatical patterns, and couldn’t get the songs out of my head. I became conversational in 3 months' time.Teaching languages through music... gone viralI started teaching languages the same way I\u0026nbsp;had learned German: through music.\u0026nbsp;After amassing 12 language students from ages 8 to 38 who had raved about my 'learn through music' method, I\u0026nbsp;created an Instagram channel to extend my impact to the masses!\u0026nbsp;Starting a video series, in which I'd write original grammar jingles to familiar Disney tracks, launched my content to virality: 10,000+ views and 150+ comments per post.Here's a sample video that drew high engagement:The 4 German Cases are \"Part of Your World\"From passion project to scaling startupCall it chance, call it destiny.\u0026nbsp;In July of 2018, I attended a networking event, during which a venture partner from the Mercury VC Fund approached me. After a series of questions on my background, we landed at my side hustle of teaching languages.\"Why would I hire you as a language teacher?\" he asked; \"There are millions worldwide.\"\"Well, my students from ages 8 to 38, love learning through music.\"\"Through music? Languages through music... Have you thought of turning that into a business?\"Well, your mind can fill in the rest. One question \u0026amp; realization after another, a company was born. Incorporated in September of 2018, soft launched\u0026nbsp;March of 2019 in Austin, TX, at Louis Black's home - co-founder of the world's\u0026nbsp;largest music festival: SXSW.Here at Univoice, we've built the 1st mobile app in market that teaches languages exclusively through music. We currently feature English, Spanish, French, and German, with plans to expand in the future.\u0026nbsp;We\u0026nbsp;run on a subscription-based model, in which users pay a monthly, weekly, quarterly, or biannual fee to access all featured songs \u0026amp; languages.After amassing 3500+ downloads (organically) with our beta product, we launched our first paid version in late February 2021. Since then, we have achieved some major milestones:In Q1 of 2021, we witnessed a ~101% monthly increase in new devices, ~74% monthly increase in active devices, \u0026amp; ~32% monthly increase in sessionsIn May (our 3rd month generating revenue), we surpassed 1% free user to paid subscriber conversion rate\u0026nbsp;We drove down user acquisition costs by 31% from Feb - Apr, \u0026amp; are projecting another 30+% reduction by late-JulyOver 20 news mentions including CNN coverage of our U.S.-Mexico cross-border concert \u0026amp;\u0026nbsp;a homepage feature on the American Inno:\u0026nbsp;https://bit.ly/3pZWUfDHear from our investors, advisors, and team membersOn behalf of the Univoice Team, thank you\u0026nbsp;for reading through and following our journey.Join us today and help us make the world a more connected and harmonious place.Rock on\u0026nbsp;🎸⚡🌎A 5 Step Guide to Learning With UnivoiceOur Subscription Business ModelLanguage Can Be ProfitableOur Clear Competitive AdvantageFAQWhat's your startup's next major milestone \u0026amp; how are you tracking towards it?Our next milestone is release of our Version 2 product (projected late 2021), which will feature a complete redesign, new value system, gamification and personalization features, such as: (1) customizable playlists (2) \"favorites\" shortlist (3) leaderboards (4) missions (5) difficulty modes (e.g. slow, medium, fast tempo) and (6) 100's of new songs, including Top 100 Billboard tracks. With this new product launch, we plan to hit the following target metrics: Cost Per Install (CPI): $1.37 Download to Lead (D2L): 50% Lead to Conversion (L2C): 2.25% Customer Lifetime Value: $24What are your key competitive advantages?We are the only language app in market utilizing music as our core method - which is scientifically proven to be the most effective learning method for long term retention and information recall 2) We are the first to teach slang, idiomatic, and colloquial speech, in addition to proper “textbook” language 3) Our pronunciation accuracy assessment is phonetic based (grading your pronunciation syllable by syllable), while many solutions - even market leaders - do a tonal assessment, which is far less accurate 4) Our app is naturally 'language flexible' - if you are a speaker of any of our supported languages, you can learn any of our other supported languages. Other apps must custom create a Spanish track for French speakers, German for English speakers, Italian for German speakers.What are your current \u0026amp; future streams of revenue?Our primary stream is subscription revenue; upon experiencing our 30 min / monthly freemium, users are prompted to purchase a weekly ($2.99), monthly ($8.99), quarterly ($17.99), or biannual ($35.99) subscription. Our secondary stream will be marketing revenue, in which we will target our free user base through brand-aligned, non-intrusive forms of in-app advertising. Future state: our tertiary stream will come from licensing out proprietary software currently in production - the first such tool is a content management system for managing transcription, translation, and synchronization of audio files. A second tool we are planning to build is a song-to-text algorithm that will greatly reduce the operational expense of manual transcription \u0026amp; synchronization.How big is the current opportunity for Univoice?The online language learning market (which excludes offline learning, such as K-12, higher education, enterprise, or government language learning) surpassed $1B in 2006, $9B in 2017, and is projected to exceed $26B by 2027. Presently, there are up to 2 billion people learning languages globally, with an increasing number shifting to online, app-based methods of learning. As you can tell by the leap in the 2027 market size, this is an exponential rate of growth, fueled both by the accelerated transition from in-person to online learning \u0026amp; industry trends on both the consumer preferences and product development fronts. Our plan is to tackle the market segments which will give us the greatest upfront returns, then transition into the segments that require more time and effort to nurture. Namely, we’re now solely focused on the consumer market segment, where there is the largest and quickest potential to scale. Following this, we’ll launch a direct sales effort to onboard enterprise clients, and lastly, by Years 5 or 6, we’ll tackle the education \u0026amp; government sectors, given that they require the most time and effort to nurture.Why doesn’t your product already exist? Has it been attempted before?It has been attempted, both by small players and big players, but failed for a variety of reasons. For small players, copyright infringement for unlicensed music content has been the leading reason for failure. For large players, the core reason was the lack of existing infrastructure. It was deemed a lot simpler for the established, 100-person didactics department to continue publishing lessons using traditional teaching methods, than to build out a whole new department for music licensing, song transcription, translation, and synchronization, document control, and more. Furthermore, a few specific barriers to entry include: (1) finding ample quality translation talent from all source languages to other languages offered; (2) building out and training an AI-driven speech recognition and scoring algorithm, which requires 100,000's to millions of data points for precision; (3) and, finally, initiating, managing, and closing music licensing deals takes anywhere between 6-18 months; in particular, the 'Big Four' music content owners, Sony, Universal, Warner Chappell, and Kobalt, manage an over-abundance in deal flow, which leads to extended negotiation timelines. And all the things mentioned above, from finding the right translation talent, to building out and training an AI engine, to closing reputable licensing deals, have been core focuses at Univoice, since our inception.Why is now the right time to build Univoice?In a series of reports and data published by Reuters and Trust Pilot, consumer preference trends in our industry include: diversified content types and learning methods (to drive maximum engagement); a desire for contextually-relevant, rather than randomized, learning, and - of course - opportunities for learning language “on the go.” On the front of product development trends, we’ve seen a growth in SMAC (which stands for social, mobile, analytics \u0026amp; cloud), as well as incorporation of Artificial Intelligence (AI), and gamification features for a delightful and sticky user experience. The world’s online language learners are hungry for an equally educational and engaging solution, that both hooks them with a delightful, differentiated learning experience and helps them advance quickly along their learning journey.What exactly are redemption rights and why are they being offered?Redemption rights are one of few pathways for angel investors to liquidate their startup investments. Namely, this is an opportunity for the company to buy out your shares at a 50-100% return on your investment (ROI). As per the term sheet, in this round, the redemption would occur at 50% above the purchase price for the 6 months following issuance (i.e. you buy at $0.44 per share, we buy back at $0.66 per share), and at 100% above the purchase price from months 7 - 18 post-issuance (i.e. you buy at $0.44 per share, we buy back at $0.88 per share).","location":"Austin, TX","website":"https://www.univoice.app","total_amount_raised":206637,"total_investors":195,"is_funded":true,"is_active":true,"quality_score":3,"related_urls":["https://wefunder.com/univoice","https://www.univoice.app"]},"media":{"share_image_url":"https://uploads.wefunder.com/uploads/company/header_media_photo/60820/xxl_cropped_Screen_Shot_2021-03-05_at_1.00.20_AM.jpg","logo_url":"https://uploads.wefunder.com/uploads/company/logo/60820/large_cropped_Screen_Shot_2020-05-06_at_1.38.40_PM.png","header_media_url":"https://uploads.wefunder.com/uploads/company/header_media_photo/60820/standard_cropped_Screen_Shot_2021-03-05_at_1.00.20_AM.jpg","cover_photo_url":"https://uploads.wefunder.com/uploads/company/header_media_photo/60820/standard_cropped_Screen_Shot_2021-03-05_at_1.00.20_AM.jpg","profile_video_url":"https://wefunder.wistia.com/medias/josoe6sczt"},"links":{"company_url":"https://www.univoice.app","twitter_url":"http://twitter.com/UnivoiceApp","facebook_url":"http://www.facebook.com/UnivoiceApp/","instagram_url":"https://www.instagram.com/univoice_app/","blog_url":"https://univoice.app/blog/"},"highlights":[],"quick_facts":[{"index":1,"claim_id":"claim-fact-1","value":"📈 We're disrupting the $13B online language market with the scientifically-backed method of music"},{"index":2,"claim_id":"claim-fact-2","value":"👨‍💼 Our Board consists of execs from Spotify \u0026amp; Babbel (world's highest-grossing language app)"},{"index":3,"claim_id":"claim-fact-3","value":"⭐ Rated 4.6/5 on Apple Store \u0026amp; 4.7/5 on Play Store"},{"index":4,"claim_id":"claim-fact-4","value":"🏆 Awarded \"Top 50 Tech Innovators \u0026amp; Influencers\" at InterCon 2020"},{"index":5,"claim_id":"claim-fact-5","value":"💰 We've raised $560,000 (and counting) in pre-Seed round"},{"index":6,"claim_id":"claim-fact-6","value":"😍 Our app is beating industry standards in user engagement"},{"index":7,"claim_id":"claim-fact-7","value":"👔 Core team has 30 yrs in startup experience; early stage employees at 3 startups acquired for ~$1B"},{"index":8,"claim_id":"claim-fact-8","value":"🚀 We're sustaining 101% monthly growth in new users and 74% monthly growth in active users"}],"team":[{"id":918010,"entity_id":"wefunder:company_role:918010","user_entity_id":"wefunder:user:820757","role":"founder","name":"Sami Halabi","title":"Founder | CEO","bio":"Fluent in Arabic, German, Spanish, Italian, and English. 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out from campaign close \u0026 at the doorstep of transformative product enhancements, we couldn't think of a more fitting post than our Product Deep Dive session recording.This deep dive session is the perfect opportunity to get intimately familiar with the Univoice app, during which our team:Demonstrates our product's evolution to date: from alpha to beta stageReviews top feedback from user studies, along with our plan of attackGives sneak peek of features on the near- and mid-term hor...","published_at":"2022-04-14T17:18:56Z","author_name":"Sami Halabi","url":"/feed/154617","canonical_url":"https://wefunder.com/feed/154617"},{"id":154393,"entity_id":"wefunder:feed_item:154393","type":"FeedItem::Update","visibility":"public","title":"[14 Days Left] Pitch Deck Video","preview":"In light of our recent successes \u0026 exciting milestones, I've put together a video walkthrough of our latest company Pitch Deck.Through this video, you'll gain a grasp of:The e-language learning market problems we're solving forHow we turn a song into a language lessonThe TAM of digital language learning, and its rapid growth rateThe profiles of our leadership team and board of advisors (BOA)Our traction, monthly engagement stats and growth indicatorsOur go-to-market (GTM), including paid \u0026 or...","published_at":"2022-04-08T06:42:17Z","author_name":"Sami Halabi","url":"/feed/154393","canonical_url":"https://wefunder.com/feed/154393"},{"id":153861,"entity_id":"wefunder:feed_item:153861","type":"FeedItem::Update","visibility":"public","title":"30 Days Left to Invest","preview":"This first quarter of 2022 has been our biggest and brightest one yet!With just 30 days left to participate or increase your commitment in Univoice, let's reflect on just a few of the many milestones we reached this quarter:Launched our brand new \"Live Play 2.0\" experience (very positive reviews)Yielded 600% increase in active paid subscriptions from mid Jan - MarDrove customer acquisition cost down from $6.20 in Dec to $4.65 in MarBroke our record for paid user activation, doubling from 1.7%...","published_at":"2022-03-23T23:23:10Z","author_name":"Sami Halabi","url":"/feed/153861","canonical_url":"https://wefunder.com/feed/153861"},{"id":153392,"entity_id":"wefunder:feed_item:153392","type":"FeedItem::Update","visibility":"public","title":"Growth Metrics On the Up \u0026amp; Up","preview":"The past few months at Univoice has been marked by significant improvement in both user acquisition and in-app engagement metrics.As a result of various feature enhancements and additions since January, we have continued to witness a climb in our leading growth indicators month-by-month.User acquisition metrics:Weekly Active Users: 72% increase from last quarterMonthly Active Users: 100% increase from last quarterPaid User Count: 250% increase from last quarterIn-app engagement metrics:5+ Ses...","published_at":"2022-03-16T23:23:22Z","author_name":"Sami Halabi","url":"/feed/153392","canonical_url":"https://wefunder.com/feed/153392"},{"id":152580,"entity_id":"wefunder:feed_item:152580","type":"FeedItem::Update","visibility":"public","title":"[In 24 Hours] Univoice Product Deep Dive","preview":"[Event Reminder: we'll be hosting our product deep dive tomorrow @12p PST]Ready to walk through the evolution of the Univoice app \u0026 get a sneak peak of where we're headed?On this 1-hour call, we will demonstrate the major enhancements to our beta product, and the exciting features in the works, including:\u0026nbsp;Missions \u0026 Milestones: reward users' progress with new / premium contentMini Challenges: guide users' learning through word \u0026 grammar challengesBillboard Tracks: feature chart-topping s...","published_at":"2022-02-08T21:56:28Z","author_name":"Sami Halabi","url":"/feed/152580","canonical_url":"https://wefunder.com/feed/152580"},{"id":152462,"entity_id":"wefunder:feed_item:152462","type":"FeedItem::Update","visibility":"public","title":"[Register] Univoice Product Deep Dive","preview":"As our first company event of the New Year, our team will be hosting a product deep dive, where we'll walk you through the evolution of the Univoice app to date \u0026 give you a sneak peak of where we're headed.As a product-led company built on the back of our users' insights, we've engaged in multiple rounds of user studies to date. By learning the primary breaks in user experience, as well as the most-commonly requested feature sets, we strive to make Univoice our learners' go-to language app.I...","published_at":"2022-02-04T00:28:08Z","author_name":"Sami Halabi","url":"/feed/152462","canonical_url":"https://wefunder.com/feed/152462"},{"id":149854,"entity_id":"wefunder:feed_item:149854","type":"FeedItem::Update","visibility":"public","title":"[New Features] Song Speed \u0026amp; Search","preview":"Our users asked, and we listened.\u0026nbsp;We're excited to announce two significant features that we recently rolled out: song speed \u0026 song search.From conducting multiple rounds of user testing, we have gathered numerous rich insights into user sentiment, behavior, and preferences that we've actively implemented into our product design and feature planning.A few common patterns emerged in sentiment around difficulty and navigability; we would hear comments like:\"I played my first song and felt ...","published_at":"2021-10-26T00:52:49Z","author_name":"Sami Halabi","url":"/feed/149854","canonical_url":"https://wefunder.com/feed/149854"},{"id":149681,"entity_id":"wefunder:feed_item:149681","type":"FeedItem::Update","visibility":"public","title":"Promoting Univoice to 3.5M Followers","preview":"Over the course of the pandemic, Univoice has built strong bonds with celebrities \u0026 macro-influencers (1M+ followers) who have learned language through music.\u0026nbsp; Emigrating to the United States later in life, each of them felt the need to advance their English proficiency as quickly as possible. As they share in the videos below, they attempted many methods to little success.Hear what they had to say about the instrumentality of music in their language learning journeys:1) Juan Pablo Galav...","published_at":"2021-10-19T02:09:06Z","author_name":"Sami Halabi","url":"/feed/149681","canonical_url":"https://wefunder.com/feed/149681"},{"id":147785,"entity_id":"wefunder:feed_item:147785","type":"FeedItem::Update","visibility":"public","title":"[In 24 Hours] \"Ask Me Anything\" Live Q\u0026amp;A","preview":"Tomorrow afternoon at @1pm CST, the Univoice Team will be hosting a Live Q\u0026A session with CEO, Sami Halabi.To maximize the time spent answering questions on the call, please\u0026nbsp;submit your questions at the bottom of the registration page\u0026nbsp;(linked below).We're looking forward to hosting you for this open, informal discussion on Univoice's success to date \u0026 the even brighter successes ahead.Register\u0026nbsp;at\u0026nbsp;https://attendee.gotowebinar.com/register/4504959040568614155See you soon,The...","published_at":"2021-08-17T21:57:20Z","author_name":"Sami Halabi","url":"/feed/147785","canonical_url":"https://wefunder.com/feed/147785"},{"id":147594,"entity_id":"wefunder:feed_item:147594","type":"FeedItem::Update","visibility":"public","title":"[Reminder] \"Ask Me Anything\" Live Q\u0026amp;A","preview":"In exactly one week, on Wednesday, August 18th, @1pm CST, the Univoice Team will be hosting a Live Q\u0026A session with CEO, Sami Halabi.This is your chance to have all your burning questions answered, on the topics that are most important to you... straight from the founder himself!To maximize the time spent answering questions on the call, please\u0026nbsp;submit your questions at the bottom of the registration page\u0026nbsp;(linked below).We're looking forward to hosting you for this open, informal dis...","published_at":"2021-08-11T19:06:57Z","author_name":"Sami Halabi","url":"/feed/147594","canonical_url":"https://wefunder.com/feed/147594"},{"id":147374,"entity_id":"wefunder:feed_item:147374","type":"FeedItem::Update","visibility":"public","title":"[Register] Live Q\u0026amp;A with Univoice Founder | CEO","preview":"For the 1st time in our campaign's history, the Univoice Team is hosting an exclusive opportunity for you to spend quality time with Founder \u0026 CEO, Sami.This is your chance to have all your burning questions answered, on the topics that are most important to you - whether it be:Company background | historyProduct growth strategy \u0026 visionTeam | company cultureLicensing strategy \u0026 approachIndustry landscape \u0026 opportunities...or anything else on your mind!In order to maximize the time spent answ...","published_at":"2021-08-06T18:33:44Z","author_name":"Sami Halabi","url":"/feed/147374","canonical_url":"https://wefunder.com/feed/147374"},{"id":146962,"entity_id":"wefunder:feed_item:146962","type":"FeedItem::Update","visibility":"public","title":"Our competitive analysis","preview":"Knowing and owning your competitive angle is perhaps one of the most foundational elements to your success in the startup world.Over and above our obvious differentiator - being the 1st to teach languages exclusively through music - we'll be sharing more below on our distinct competitive advantages.Here is a consolidated overview of our analysis:The areas we invest \u0026 excel in most include:Speech recognition: precise, phonetic feedback on verbalizationsReal-life applicability: easy application...","published_at":"2021-07-22T15:40:21Z","author_name":"Sami Halabi","url":"/feed/146962","canonical_url":"https://wefunder.com/feed/146962"},{"id":146768,"entity_id":"wefunder:feed_item:146768","type":"FeedItem::Update","visibility":"public","title":"We're In The Top 100 🥇","preview":"InterCon is a leading global tech conference that brings together the brightest minds in tech to promote opportunities for learning, networking, and growth.The conference is catered towards SaaS, IoT, eCommerce, AI | ML, App, Cloud \u0026 Blockchain companies, hosting participants such as Facebook, PwC, Siemens, Merck, \u0026 3M.Postponed due to COVID, InterCon's annual event took place end of June at the MGM Grand in Las Vegas.We are proud to announce that, out of 5000+ nominees, Univoice was named a ...","published_at":"2021-07-15T15:10:48Z","author_name":"Sami Halabi","url":"/feed/146768","canonical_url":"https://wefunder.com/feed/146768"},{"id":146128,"entity_id":"wefunder:feed_item:146128","type":"FeedItem::Update","visibility":"public","title":"120 New Songs in Library!","preview":"\"We want more songs\" is one of few recurring comments we hear from nearly all of our Univoicers - old and new.Acting on this,\u0026nbsp;we doubled our song library volume with the addition of 120 songs across a wide range of genres, over the past week:[English] Alternative, Children's, Electronic, Pop, Rock, Soundtrack[Spanish] Tango, Tropical, Latin, Indie, Pop[French] Acoustic Pop, Indie Pop, Jazz, R\u0026B, Children's[German] Folk, Pop, Punk, Rock, AlternativeAlso noteworthy is the recognizability o...","published_at":"2021-06-24T22:54:24Z","author_name":"Sami Halabi","url":"/feed/146128","canonical_url":"https://wefunder.com/feed/146128"},{"id":145956,"entity_id":"wefunder:feed_item:145956","type":"FeedItem::Update","visibility":"public","title":"Children's music... here we come!","preview":"\"Have you thought about working with schools / catering to children?\"\"Ooh, this would be a great tool for parents who homeschool!\"\"I wish I could start learning with easy jingles and nursery rhymes...\"These are among the top questions and comments we have gotten since Day 1. So we are pleased to announce that we have secured our 1st children's music licensing deal!Through our new partnership with Countdown Media, our licensed catalogue features jingles, such as:B-I-N-G-OThe Wheels on the Bus ...","published_at":"2021-06-16T17:27:23Z","author_name":"Sami Halabi","url":"/feed/145956","canonical_url":"https://wefunder.com/feed/145956"},{"id":145631,"entity_id":"wefunder:feed_item:145631","type":"FeedItem::Update","visibility":"public","title":"HUGE speech engine improvements","preview":"One of Univoice's key competitive differentiators is our focus on speaking, over reading and writing.This is simply because speaking is simultaneously the most challenging and the most important aspect of truly mastering a new language.Over the past few months, our team has been hard at work fine-tuning the precision of our speech engine... and we just made a major breakthrough!Here's a table that highlights common points of failure in our speech engine:The \"Before\" column depicts the % frequ...","published_at":"2021-06-08T23:31:24Z","author_name":"Sami Halabi","url":"/feed/145631","canonical_url":"https://wefunder.com/feed/145631"},{"id":145424,"entity_id":"wefunder:feed_item:145424","type":"FeedItem::Update","visibility":"public","title":"Meet Angel Investor, Nick Litz","preview":"Among our many stakeholders, the group most integral to the present and future success of Univoice is our investors. Join us in welcoming the newest addition to Univoice's angel investment community: Nicholas Litz.Nick is a SaaS executive and entrepreneur with 20 years of professional experience at seed stage, growth stage, and maturity phase companies. He is a CFA charter holder and maintains an active CPA license. He graduated from Duquesne University with a dual degree – Masters in Busines...","published_at":"2021-05-28T16:36:31Z","author_name":"Sami Halabi","url":"/feed/145424","canonical_url":"https://wefunder.com/feed/145424"},{"id":145218,"entity_id":"wefunder:feed_item:145218","type":"FeedItem::Update","visibility":"public","title":"From Selling Lingoventura to Joining Univoice","preview":"The most recent acquisitions in the e-Language Learning space are Rosetta Stone (acquired by Cambium Learning) \u0026 Lingoventura (acquired by Babbel).Kris Laumann, CEO of Lingoventura, led his language travel startup to great success, expanding to over 200 schools in 30+ countries. Catching the eye of the top-revenue generating language app in the industry, he led the M\u0026A effort to sell his company, which has since been rebranded as Babbel Travel.Now, Kris serves as a trusted advisor and strateg...","published_at":"2021-05-21T19:42:03Z","author_name":"Sami Halabi","url":"/feed/145218","canonical_url":"https://wefunder.com/feed/145218"},{"id":145017,"entity_id":"wefunder:feed_item:145017","type":"FeedItem::Update","visibility":"public","title":"We're growing, month over month","preview":"2021 has been a year of focused execution and notable growth.Monthly New Devices: 109 (Jan) → 251 (Feb) → 485 (Mar)\u0026nbsp;→ 873 (Apr)Monthly Active Devices: 193 (Jan)\u0026nbsp;→ 321 (Feb)\u0026nbsp;→ 577 (Mar)\u0026nbsp;→ 1,000 (Apr)Monthly Sessions: 1,414 (Jan)\u0026nbsp;→ 1,332 (Feb)\u0026nbsp;→ 1,932 (Mar)\u0026nbsp;→ 2,908 (Apr)In Q1 of 2021, we have witnessed a ~101% monthly increase in new devices, ~74% monthly increase in active devices, \u0026 ~32%\u0026nbsp;monthly increase in sessions.Supplementally, we drove down our use...","published_at":"2021-05-14T19:50:27Z","author_name":"Sami Halabi","url":"/feed/145017","canonical_url":"https://wefunder.com/feed/145017"},{"id":144886,"entity_id":"wefunder:feed_item:144886","type":"FeedItem::Update","visibility":"public","title":"Meet our Engineering \u0026amp; Product Team","preview":"It's a known fact that team is the #1 contributor to any company’s success.Not coincidentally, our team is our single biggest point of pride here at Univoice. To get you better acquainted with the minds behind the product, I wanted to take a few minutes to introduce you to the Univoice Engineering \u0026 Product team:C. Enrique Ortiz - Chief Technology OfficerBryan Riester - Chief Product OfficerJared Collett - Senior iOS DeveloperRobert Dahl - Content Management System DeveloperJonathan Smith - L...","published_at":"2021-05-10T19:15:20Z","author_name":"Sami Halabi","url":"/feed/144886","canonical_url":"https://wefunder.com/feed/144886"},{"id":144795,"entity_id":"wefunder:feed_item:144795","type":"FeedItem::Update","visibility":"public","title":"[Recap] Catch What You Missed","preview":"For starters, here is the recording for those who missed \"The World of Music Licensing\" webinar:Among the many topics we discussed, here are some high-level takeaways of what we covered:Since our inception, the Univoice team has been hard at work, building relationships with key publishers and labels around the world.Our 77 active deals on the publishing side \u0026 80 active deals on the label side includes major players, such as Concord, Domino, and Tunecore.While our licensed catalogue is heavi...","published_at":"2021-05-07T00:41:16Z","author_name":"Sami Halabi","url":"/feed/144795","canonical_url":"https://wefunder.com/feed/144795"},{"id":144310,"entity_id":"wefunder:feed_item:144310","type":"FeedItem::Update","visibility":"public","title":"Univoice Pitch Deck Walkthrough","preview":"I put together a quick video, walking through Univoice's pitch deck.In this video, I address the following, and more:Executive team biosThe market problem \u0026 our solutionTotal \u0026 addressable market sizeApp usage statisticsBusiness model | go-to-marketFinancials \u0026 exit strategyIf any questions come up during your review, feel free to “Ask a Question” on our deal page....and remember to register for our music licensing webinar, co-hosted by investor / advisor Ian Henderson (ex-Global Head of Labe...","published_at":"2021-04-27T01:26:25Z","author_name":"Sami Halabi","url":"/feed/144310","canonical_url":"https://wefunder.com/feed/144310"},{"id":143725,"entity_id":"wefunder:feed_item:143725","type":"FeedItem::Update","visibility":"public","title":"[Invitation] Join Me + Spotify Exec for Music Licensing Chat","preview":"\"So, how exactly does music licensing work? Isn't it complex and expensive?\"As this is among the topics that has drawn the most investor curiosity, the Univoice Team will be co-hosting a webinar on May 6th @1pm CST with our investor \u0026 advisor, Ian Henderson (ex-Global Head of Label Licensing at Spotify).We will be answering your burning questions on music licensing, including:The various types of music rightsThe main challenges in securing these rightsThe key players in the licensing worldThe...","published_at":"2021-04-21T01:32:24Z","author_name":"Sami Halabi","url":"/feed/143725","canonical_url":"https://wefunder.com/feed/143725"},{"id":143724,"entity_id":"wefunder:feed_item:143724","type":"FeedItem::Update","visibility":"public","title":"2 Hours Left to Get Early Bird Perks!","preview":"Wow - words cannot express how grateful we are to have the backing of more than 150 investors. It's moments like these that I pinch myself to remember that our dream is\u0026nbsp;becoming our reality.With just 2 hours remaining to become an \"early bird\" investor,\u0026nbsp;now is the best time to jump on board!We cannot wait to reveal all the big plans we have and moves we're making in 2021 - our year of focused execution and unprecedented growth.Join the buzzing community of 150 Univoicers -\u0026nbsp;incl...","published_at":"2021-04-10T02:54:20Z","author_name":"Sami Halabi","url":"/feed/143724","canonical_url":"https://wefunder.com/feed/143724"}],"q_and_a":[{"id":117129,"entity_id":"wefunder:comment:117129","question":"Great work closing out the Reg CF round, looking forward to your next steps! Make sure to join the round before it closes out today!","author_name":"Andrew Ryan","votes":2,"created_at":"2020-12-03T04:09:10Z","canonical_url":"https://wefunder.com/univoice#question-117129","answers":[{"id":117131,"entity_id":"wefunder:comment:117131","answer":"Thanks for the support, Ryan! Yes - 45 minutes left to jump on board!","author_name":"Sami Halabi","votes":0,"created_at":"2020-12-03T04:12:57Z"}]},{"id":116439,"entity_id":"wefunder:comment:116439","question":"Gantuul","author_name":"Gantuul Jajin","votes":2,"created_at":"2020-11-30T04:15:14Z","canonical_url":"https://wefunder.com/univoice#question-116439","answers":[{"id":116644,"entity_id":"wefunder:comment:116644","answer":"Hi Gantuul! Any questions I can answer?","author_name":"Sami Halabi","votes":0,"created_at":"2020-12-01T02:03:39Z"}]},{"id":116369,"entity_id":"wefunder:comment:116369","question":"I willing to invest pls send more details in my email pgshree@gmail.com","author_name":"Gp Shrestha","votes":2,"created_at":"2020-11-29T11:52:50Z","canonical_url":"https://wefunder.com/univoice#question-116369","answers":[{"id":116645,"entity_id":"wefunder:comment:116645","answer":"Thanks for touching base!","author_name":"Sami Halabi","votes":0,"created_at":"2020-12-01T02:03:53Z"}]},{"id":116225,"entity_id":"wefunder:comment:116225","question":"Sami, Needless to say, this current raise has fallen short of its projection from the beginning. Without enough funding to keep going with Univoice, what is the chances of this company's survival from the scale of I-------10 ? Please be truthful and no round arounds because I invested.","author_name":"Richard Antwi","votes":2,"created_at":"2020-11-27T20:32:29Z","canonical_url":"https://wefunder.com/univoice#question-116225","answers":[{"id":116235,"entity_id":"wefunder:comment:116235","answer":"Richard, first off, I\u0026nbsp;appreciate you investing, and for reaching out. At any given point in time, we are pursuing multiple paths for funding, and are\u0026nbsp;not singularly focused on crowdfunding (Regulation CF).We have been concurrently fundraising through private placement (Regulation D), since January 2019. This was our primary funding source on through August 2020, when we launched this campaign. To this end, we continue to nurture prospective investors to participate in this Reg D offering\u0026nbsp;\u0026amp; are in advanced conversations with a number of them.As a safety net, the company has 2 revolving line of credit agreements we can withdraw against when we are strapped for cash from other investment sources.While I\u0026nbsp;cannot offer a specific guarantee (considering that risk is the middle name of the startup game), I'd say we have above average chances of survival, given this diversified investment strategy.","author_name":"Sami Halabi","votes":0,"created_at":"2020-11-27T21:51:23Z"}]},{"id":198180,"entity_id":"wefunder:comment:198180","question":"How do I change my investment from an individual to a trust?","author_name":"Dena Levenson","votes":1,"created_at":"2022-03-26T07:53:31Z","canonical_url":"https://wefunder.com/univoice#question-198180","answers":[{"id":199085,"entity_id":"wefunder:comment:199085","answer":"Hi Dena, please email the Wefunder team at support@wefunder.com, they will take care of you!","author_name":"Sami Halabi","votes":0,"created_at":"2022-03-31T20:59:26Z"}]},{"id":183045,"entity_id":"wefunder:comment:183045","question":"Partner with Vampr?","author_name":"Bailama Pessima","votes":1,"created_at":"2021-12-08T19:22:04Z","canonical_url":"https://wefunder.com/univoice#question-183045","answers":[{"id":183892,"entity_id":"wefunder:comment:183892","answer":"Bailama, interesting suggestion. I will look into this potential partnership. Appreciate the recommendation!","author_name":"Sami Halabi","votes":0,"created_at":"2021-12-16T03:20:20Z"}]},{"id":179177,"entity_id":"wefunder:comment:179177","question":"Are you going to develop the app for Android?","author_name":"Branden Montgomery","votes":1,"created_at":"2021-11-13T12:45:53Z","canonical_url":"https://wefunder.com/univoice#question-179177","answers":[{"id":183893,"entity_id":"wefunder:comment:183893","answer":"Hi Branden, yes we intend to make our app available on Android within next 12-18 months. At the moment, we have decided to perfect one platform (iOS), given the scaling potential in our target markets. Stay tuned!","author_name":"Sami Halabi","votes":1,"created_at":"2021-12-16T03:22:31Z"}]},{"id":178132,"entity_id":"wefunder:comment:178132","question":"Thanks for your reply Sami. I understand what you mean but there's many quality songs that are great for language learners that are not available. I already understand some Spanish but I am trying to improve my grammar and speaking skills in Spanish. I especially want to learn how to speak Dominican Spanish because my paternal grandparents were Dominican. So I have been searching for music from the Caribbean such as Aguanile by Hector Lavoe and Willie Colón or Rébelon by Joe Arroyo or songs by Romeo Santos, Aventura.","author_name":"Baron Huntington","votes":1,"created_at":"2021-11-07T20:47:14Z","canonical_url":"https://wefunder.com/univoice#question-178132","answers":[{"id":183895,"entity_id":"wefunder:comment:183895","answer":"Baron, I appreciate your comments and apologize for the delay in getting back to you. While we aim to expand the volume and representativeness of our song library day by day, the process of uploading new music onto the app dictates our growth rate on this front - namely, securing the full rights clearance, to transcription, synchronization, and translation of each track. That being said, the 300+ tracks currently live on the app equate to 300+ lessons you would find on a traditional language app at our stage of growth. Regarding the popularity of tracks (Willie Colon, Romeo Santos, etc.), we are in final stages of negotiation - and will soon be papering a deal - with 1 of the 3 \"Major\" publishers, who owns 30%+ of the world's Billboard 100 tracks. Stay tuned for more on this!","author_name":"Sami Halabi","votes":0,"created_at":"2021-12-16T03:34:34Z"}]},{"id":165772,"entity_id":"wefunder:comment:165772","question":"Hello is this a new round of fund raising for univoice.","author_name":"Bailama Pessima","votes":1,"created_at":"2021-08-25T19:47:46Z","canonical_url":"https://wefunder.com/univoice#question-165772","answers":[{"id":166684,"entity_id":"wefunder:comment:166684","answer":"Hello Bailama, this is a 2nd Wefunder campaign for the company, yes. However, it is still a part of the same pre-Seed round.","author_name":"Sami Halabi","votes":0,"created_at":"2021-08-30T17:42:19Z"}]},{"id":161128,"entity_id":"wefunder:comment:161128","question":"Is it possible to buy a lifetime account?","author_name":"Baron Huntington","votes":1,"created_at":"2021-08-03T01:49:58Z","canonical_url":"https://wefunder.com/univoice#question-161128","answers":[{"id":161138,"entity_id":"wefunder:comment:161138","answer":"The longest subscription we currently have is the 6 month plan, at $35.99.","author_name":"Sami Halabi","votes":1,"created_at":"2021-08-03T02:55:17Z"}]},{"id":161101,"entity_id":"wefunder:comment:161101","question":"Your reconfirm,link isn't working. Todays date:8-2-2021:","author_name":"Melvin Harrison","votes":1,"created_at":"2021-08-03T00:39:37Z","canonical_url":"https://wefunder.com/univoice#question-161101","answers":[{"id":161137,"entity_id":"wefunder:comment:161137","answer":"We're looking into this; there does seem to be an error.","author_name":"Sami Halabi","votes":1,"created_at":"2021-08-03T02:54:20Z"}]},{"id":160832,"entity_id":"wefunder:comment:160832","question":"I really want to invest but I don't want my shares bought out early.","author_name":"Baron Huntington","votes":1,"created_at":"2021-08-01T05:07:15Z","canonical_url":"https://wefunder.com/univoice#question-160832","answers":[{"id":190930,"entity_id":"wefunder:comment:190930","answer":"Baron, I sincerely apologize for having missed this question. For what it's worth, wanted to give it the attention it deserves. I understand your concern and can assure you that our company's leadership has taken (and will continue to take) significant measures to guard majority stake in the company, such that early investor buyouts would be unnecessary.","author_name":"Sami Halabi","votes":0,"created_at":"2022-02-03T06:04:40Z"}]},{"id":160831,"entity_id":"wefunder:comment:160831","question":"I am concerned because of the redemption rights, I have already had a very early exit because a company exercised this clause. I know of two other startups that did this and it was not very beneficial for us non accredited investors.","author_name":"Baron Huntington","votes":1,"created_at":"2021-08-01T05:06:43Z","canonical_url":"https://wefunder.com/univoice#question-160831","answers":[{"id":160906,"entity_id":"wefunder:comment:160906","answer":"Typically buy-back rights are exercised when companies do not properly plan / pace their equity allocation to outside investors. At Univoice, we have been intentional about properly pacing how much of the company we're apportioning for external allocation, in order to avoid exercise of redemption rights.","author_name":"Sami Halabi","votes":0,"created_at":"2021-08-01T19:13:34Z"}]},{"id":117138,"entity_id":"wefunder:comment:117138","question":"I thought your investment is closed. If it has not closed, I would like to reduce my investment amount since you have dropped the investment amount. I would appreciate your quick response. Thanks","author_name":"Darlington Etumni","votes":1,"created_at":"2020-12-03T05:04:22Z","canonical_url":"https://wefunder.com/univoice#question-117138","answers":[{"id":117148,"entity_id":"wefunder:comment:117148","answer":"Darlington, can you please clarify what you mean by \"since you have dropped the investment amount\"?","author_name":"Sami Halabi","votes":0,"created_at":"2020-12-03T05:08:25Z"}]},{"id":115965,"entity_id":"wefunder:comment:115965","question":"Hi Sami, Appreciate your answer to my question below. Will you all be extending your campaign? Thanks! - Jeremy","author_name":"Jeremy Miller","votes":1,"created_at":"2020-11-25T14:50:05Z","canonical_url":"https://wefunder.com/univoice#question-115965","answers":[{"id":116047,"entity_id":"wefunder:comment:116047","answer":"Jeremy, we will not be extending our campaign. Our close date is on Wednesday, December 2nd!","author_name":"Sami Halabi","votes":0,"created_at":"2020-11-26T00:07:48Z"}]},{"id":115835,"entity_id":"wefunder:comment:115835","question":"There are a lot of people that wants to invest in your company but find the $500 min very expensive. Are you able to lower the investment min to allow more people to invest? Thank you Darlington","author_name":"Darlington Etumni","votes":1,"created_at":"2020-11-24T04:40:39Z","canonical_url":"https://wefunder.com/univoice#question-115835","answers":[{"id":115850,"entity_id":"wefunder:comment:115850","answer":"Darlington, I hear you and am in agreement. While they have done so in the past, Wefunder no longer supports the lowering of a minimum once it's set. Truly wish I could do more!","author_name":"Sami Halabi","votes":0,"created_at":"2020-11-24T06:46:57Z"}]},{"id":115616,"entity_id":"wefunder:comment:115616","question":"When will this round close? Were you able to launch last month? If so, could you update on the results thus far. I am concerned that on this thread, there has not been a positive reaction to people using the app this close to the launching phase. In form C, it was stated this round would not be used for product development. Has that been reconsidered because of issues with the function of the app? Thank you in advance.","author_name":"Eric Mitchell","votes":1,"created_at":"2020-11-22T05:42:06Z","canonical_url":"https://wefunder.com/univoice#question-115616","answers":[{"id":115621,"entity_id":"wefunder:comment:115621","answer":"Eric, thanks for reaching out!\u0026nbsp;This campaign is set to close on Wednesday, December 2nd. Per the advisory of our newly onboarded performance marketing agency \u0026amp;\u0026nbsp;our advisory board, we are delaying hard launch until January. Reason being:\u0026nbsp;digital advertising this time of year is somewhat of a \"holiday bidding war,\" during which launching new marketing campaigns is capital inefficient; each dollar spent will go much further on the leeward side of the holidays.Regarding the use of\u0026nbsp;funds, please note that\u0026nbsp;product development is our #1 area of investment up through our hard launch, and beyond; instead of separating it into its own category, however, we've absorbed it under \"human capital\" costs, which is where we're spending 51% of all capital raised (per our Form C). Rest assured that we deem all other investments secondary to perfecting our user experience and app performance quality. Within the next 4-6 weeks, you will track marked improvements in the\u0026nbsp;overall app experience and aesthetic. Stay tuned!","author_name":"Sami Halabi","votes":0,"created_at":"2020-11-22T08:49:28Z"}]},{"id":112947,"entity_id":"wefunder:comment:112947","question":"I appreciate the answers to my questions thus far! Is it in the cards to lower the investment minimum to allow more investors to get in the door and for you all to get more funding? I think the higher minimum could be a barrier to entry for a lot of folks who want to get onboard with you all. Thanks! - Jeremy","author_name":"Jeremy Miller","votes":1,"created_at":"2020-11-03T11:55:29Z","canonical_url":"https://wefunder.com/univoice#question-112947","answers":[{"id":112976,"entity_id":"wefunder:comment:112976","answer":"Jeremy, I hear you and am in agreement. While they have done so in the past, Wefunder no longer supports the lowering of a minimum once it's set. Wish I could do more!","author_name":"Sami Halabi","votes":1,"created_at":"2020-11-03T17:47:31Z"}]},{"id":110760,"entity_id":"wefunder:comment:110760","question":"Hi Sami, Yes I meant the net loss sorry. Thanks for clarifying. I was also wondering are you possibly trying to keep current and future users engaged in your software through social media like Musical.ly. Is your mission similar to Musical.ly where they successfully managed to reach 200m users and then were bought out by bytedance which then became TikTok ? If that's the case this could be huge.","author_name":"Andrew Procopiou","votes":1,"created_at":"2020-10-17T17:03:29Z","canonical_url":"https://wefunder.com/univoice#question-110760","answers":[{"id":111059,"entity_id":"wefunder:comment:111059","answer":"Of course, always happy to clarify! Social media will be our primary user acquisition and engagement channel for our first 2 years, at minimum, in tandem with SEM, affiliate \u0026amp;\u0026nbsp;influencer marketing. TikTok is one of the social media platforms we'll be leveraging in this effort.","author_name":"Sami Halabi","votes":0,"created_at":"2020-10-19T07:32:31Z"}]},{"id":110692,"entity_id":"wefunder:comment:110692","question":"Hi Sami, Thank you for your extensive response. It’s helpful to have clear transparency moving forward. I have a question that is an extension to my previous inquiry. I noticed last year you inherited almost half a million in debt. Is this round and future ones suppose to cover that debt and if not what are the plans ? Is there a possibility you will incur huge expenses like last year in 2020 and 2021","author_name":"Andrew Procopiou","votes":1,"created_at":"2020-10-17T02:01:00Z","canonical_url":"https://wefunder.com/univoice#question-110692","answers":[{"id":110699,"entity_id":"wefunder:comment:110699","answer":"Andrew, to be clear, we did not inherit that amount in debt. In fact, the financials reflect that we ended last fiscal with ~$78k in outstanding debt.Perhaps you're making the assumption based on the Net Loss of ~$439k; however, note that we had raised over $377k in capital\u0026nbsp;prior to this crowdfunding campaign. Net Loss is referring to costs, not debt incurred.Hope that clears things up.","author_name":"Sami Halabi","votes":0,"created_at":"2020-10-17T03:20:22Z"}]},{"id":110669,"entity_id":"wefunder:comment:110669","question":"Looking at the financials seems like you really don’t have revenue yet. Will this round have to be successful for you to be able to move forward. If the round doesn’t meet the 1m goal are there any other plans in place to keep the company running ?","author_name":"Andrew Procopiou","votes":1,"created_at":"2020-10-16T22:18:35Z","canonical_url":"https://wefunder.com/univoice#question-110669","answers":[{"id":110677,"entity_id":"wefunder:comment:110677","answer":"Andrew, thanks for the question! At this stage, we have the option to choose between a small trickle of revenue from our engaged user base (users spending hours on the app per month), or comprehensive user behavioral data. We have chosen the latter, given that it will fuel customer-centric product development. Conversely, if we were to prompt users to upgrade to a paid plan, our app usage will naturally fall by dozens of % points; which would bar us from understanding where users are getting stuck, what they enjoy most, and how to comprehensively improve the user experience.\u0026nbsp;Hence, we have turned off our payment gateway for the time being.Now, concerning our runway: as we've learned from our collective experience as startup execs, corroborated by the guidance of our seasoned advisors, we're healthily overshooting our capital needs (always better to be long than short). To this end, we will keep hitting our key development milestones \u0026amp;\u0026nbsp;growth goals\u0026nbsp;if we were to raise just 25% of our target amount (~$250k). Furthermore, we are running a Regulation D offering, concurrent with this crowdfunding campaign,\u0026nbsp;through which we are collecting angel investments in a private placement. This will drive us even close towards our $1M\u0026nbsp;stretch goal. Beyond these fundraising efforts, if we find ourselves in dire straits, we can lean on the\u0026nbsp;2 revolving line of credit agreements we have established, while sourcing for alternative sources of funding.Hope this gives you \u0026amp;\u0026nbsp;others\u0026nbsp;a clearer understanding of the way forward.","author_name":"Sami Halabi","votes":0,"created_at":"2020-10-17T00:03:04Z"}]},{"id":110635,"entity_id":"wefunder:comment:110635","question":"Great team and I like what you are doing but I struggle with the app. I tried it for about 15 minutes....tried both Spanish and German. I had a good hookup for audio so I have to assume I am saying it incorrectly. Anything you are doing to make this part of the interaction improved? Instead of saying 'GAME OVER', repeating the line that made me lose or something? I personally got frustrated and closed the app. Any suggestions? To be interested in being an investor, I have to be sold on the app...I'd like to learn a different language or expand on the additional one I've had exposure to before. If there was a tutorial at the beginning of the app, I also missed that and it took me one fail before I figure out when the music stopped, I was supposed to then sing it back. I could have read more carefully but guessing most people skim like me at the beginning screens...","author_name":"Jeremy Miller","votes":1,"created_at":"2020-10-16T17:36:11Z","canonical_url":"https://wefunder.com/univoice#question-110635","answers":[{"id":110657,"entity_id":"wefunder:comment:110657","answer":"Jeremy, you've called out the current initiative for the mobile dev team, and something we'll be rolling out in the coming weeks. Thanks for bringing it up! We onboarded an enterprise-grade UI/UX Lead only last month, who's a tenured designer in this space! (Kudos to Sami for keeping our brand so clean without an on-staff designer these past couple quarters!) While our UI/UX Lead knocks out the design for our tutorial, we're upgrading the app to support real animation. These two things will let us guide you step by step through your first use of the app, and animate events on screen to emphasize what's important from moment to moment. Barring unforeseen circumstance, you can expect the tutorial update to push to your device in just over a month, and a 'quantum-leap' UI improvement shortly thereafter.","author_name":"Bryan Riester","votes":1,"created_at":"2020-10-16T20:22:55Z"}]},{"id":109507,"entity_id":"wefunder:comment:109507","question":"I am confused by your answer below considering dilution of shares. I was under the assumption that you do want more funding rounds like Facebook etc since the valuation increases as more funding is required ? Say you got into Uber from early stage with $500 investment regardless of the many funding rounds, your investment is now worth 1000x more by the time they hit IPO. Once you reach series A funding wouldn’t this $500 investment be worth more since the market cap is greater regardless of whether its preferred shares or common stock. Please elaborate. I was also wondering whether you will be adding more languages in the future ?","author_name":"Andrew Procopiou","votes":1,"created_at":"2020-10-08T16:38:05Z","canonical_url":"https://wefunder.com/univoice#question-109507","answers":[{"id":109568,"entity_id":"wefunder:comment:109568","answer":"Andrew, I'd like to provide a strategic perspective regarding future fundraising. The most important characteristic of our market is that it's a positive-sum game. Companies like those you mention who compete in zero-sum markets gain strategic advantage over competitors through spending, and so shareholders are incentivized to engage in a fundraising arms-race, with the goal of becoming the only survivor. Univoice has no such limitation. In our industry, every language learner who uses Univoice accelerates their learning. Every Univoice user who engages in other language learning apps or activities likewise accelerates their learning. Our business goal is to expand the addressable market of language-learners. Every user for Uber is one fewer for Lyft - zero-sum. Every user for Univoice is a new possible user for Babbel as well, and vice-versa. Positive-sum. That's a huge fundamental difference, and changes the game for financing. What this means in terms of Kirsten's question, \"how many further rounds of financing will you engage in,\" is that we will require only enough fundraising to build \u0026amp; launch our product, and reach our breakeven point. This is a huge win for early shareholders! We know we won't need to endure the dilution of zero-sum marketing wars or accept the risk of long conservative timelines. Sami's response, that \"we'd like to have the fewest financing rounds possible,\" and \"projected company sale within 4-6 years,\" gives you a schedule that reflects our business plan (see \"Abridged Business Plan\" in the Downloads section of our campaign homepage).","author_name":"Bryan Riester","votes":0,"created_at":"2020-10-08T20:20:48Z"}]},{"id":109023,"entity_id":"wefunder:comment:109023","question":"Can you please send me a link. I would like to download this app. Thank you","author_name":"Ross Whiting","votes":1,"created_at":"2020-10-04T03:37:26Z","canonical_url":"https://wefunder.com/univoice#question-109023","answers":[{"id":109126,"entity_id":"wefunder:comment:109126","answer":"Ross, most definitely. Our beta version is available in both major app stores, at the following links:Apple Store:\u0026nbsp;https://apps.apple.com/us/app/...Play Store:\u0026nbsp;https://play.google.com/store/...","author_name":"Sami Halabi","votes":0,"created_at":"2020-10-05T07:32:09Z"}]},{"id":103759,"entity_id":"wefunder:comment:103759","question":"How many further rounds of financing will you engage in, that will subject my shares to dilution?","author_name":"Kirsten Tait","votes":1,"created_at":"2020-08-25T22:22:09Z","canonical_url":"https://wefunder.com/univoice#question-103759","answers":[{"id":103764,"entity_id":"wefunder:comment:103764","answer":"That's a really great question! Firstly, it's important to note that dilution is heavily based on the number of fundraising rounds your startup undergoes. This is rooted in your exit strategy - as a frame of reference, companies who are seeking to become the next billion dollar unicorn (Facebook, Airbnb, Uber) engage in many funding rounds, given that they need $10's-100's of millions in capital to break billionaire status; these rounds include Pre-Seed, Seed, Series A, Series B, Series C, Series D, all the way through Series F or G (in many cases). With every subsequent round, there is further dilution. However, given Univoice's goal of exiting quickly (projected company sale within 4-6 years), we'd like to have the fewest financing rounds possible. Once we complete our current Pre-Seed round, we plan on doing a Seed round, and - lastly - a Series A round. There are no rounds planned thereafter, contingent on reaching breakeven by 2022. So, while issuance of new stock during each subsequent financing round will partially dilute all shareholders (including the founding + executive team), 2 big upsides for investing in our campaign are: (1) you will be the first recipients of our newly-created preferred shares; these will receive preferential treatment over all existing common shares - the biggest perk is that, upon liquidation of the company, you will be paid out before all common shareholders (2) given our early-exit strategy, our commitment to as few funding rounds as possible means your shares will face less dilution (relative to startups with IPO in their sights).","author_name":"Sami Halabi","votes":1,"created_at":"2020-08-25T23:02:59Z"}]}],"faq":[{"question":"App sounds pretty cool. Your iPhone app says “you’re graded only on your pronunciation”. Are users pronunciation graded by a physical person?","answer":"Univoice uses patented and patent-pending speech recognition technology that measures, word-by-word, how understandable a user might be to a native speaker. Our focus is on helping you to recognize words that sound a lot like one another, (as boat Vs. boot,) and focus your training more on those than on words that are very unique, (like rutabaga or kumquat.) This is driven by\u0026nbsp;AI and machine learning technologies."},{"question":"I downloaded it but kept freezing / crashing, maybe still beta mode? (I am on iPhone) Also limited language selection - will u add russian at some point?","answer":"Francis, thank you for your feedback! Would you be willing to email me specifics about your device, so I can ensure that we can support you properly? A part of our commitment to make Univoice a global service is ensuring that our app works on as many devices as possible! (And yes, we're in beta, and building our library fast. I can't wait to support Russian language!) bryan.riester@univoice.app​\u0026nbsp;"},{"question":"Do you have a \"Lead Investor\" as defined by Wefunder? If so, how much have they invested?","answer":"Paul, thanks for your question. Yes, Eugene Bond is the campaign's Lead Investor (soon to be published on our page), with an investment of $10,500. Eugene is the former Head of Engineering at Babbel, and currently serves as Technology Advisor on our BOA."},{"question":"How many further rounds of financing will you engage in, that will subject my shares to dilution?","answer":"That's a really great question! Firstly, it's important to note that dilution is heavily based on the number of fundraising rounds your startup undergoes. This is rooted in your exit strategy - as a frame of reference, companies who are seeking to become the next billion dollar unicorn (Facebook, Airbnb, Uber) engage in many funding rounds, given that they need $10's-100's of millions in capital to break billionaire status; these rounds include Pre-Seed, Seed, Series A, Series B, Series C, Se..."},{"question":"I really wanted to invest but the $500 minimum is too high for Reg CF. I hate Reg CF limits.","answer":"Baron, appreciate you reaching out about this. In the near future, we are planning to drop the minimum investment amount to $250, for a limited time. Stay tuned!"}]}}}