Snugs Custom-Fit Earphones are like "Savile Row" suits for your ears - that deliver Best Comfort, Best Fit and the Very Best Sound.
By 2020 the global custom-fit earphones market is set to be worth up to $2.4bn, and Snugs is already established as the UK leader, being the first to market with the disruptive technology that is already achieving exciting sales.
Snugs never fall out, are comfortable for hours, and stop unwanted external noise. According to tech guru Jonathan Margolis, in the FT’s How To Spend It, Snugs are “the best consumer headphones in the world”.
Sales have been growing rapidly, and the company is moving towards operational profitability, so Snugs needs comparatively modest funding to enable it to strengthen its infrastructure ready for the predicted significant growth in 2017 and beyond.
Our range of Custom-Fit Earphones, tailored to the customer and their use, have received a string of amazing reviews and articles from The Metro, Trusted Reviews, Runners World, Engadget, The Guardian and What HiFi.
The directors are confident that major global brands will enter this market within the next 2 years, and their likely strategy (as in most emerging markets) will be to acquire the market leader - and that leader is Snugs. If they don’t, Snugs will be positioned as the established consumer favourite and original smart choice. Either way, sales will increase substantially .
A year ago, Snugs was an if-it-happens investment, and raised six-figure first round financing from external investors in addition to the £76,500 invested by the CEO himself.
Now the directors are convinced that Snugs is a when-it-happens investment.
This project closed unsuccessfully on 12th August 2016