Total amount raised
₹829 Million
Latest funding date
12/1/2023
Location
Noise has raised funding over two rounds, with Bose Ventures as the lead investor in these Convertible Note rounds. The company, known for its smart wearables and mobile accessories, has also been acquired by Titan Company.
Keep reading to explore the intricacies of Noise's fundraising journey and the investors backing this innovative platform.
What Is Noise?
Noise, also known as Gonoise, is a prominent player in the smart wearables and mobile accessories market. The company is headquartered in Gurgaon, Haryana, India, and has a workforce of 251-500 employees.
Specializing in smartwatches and earbuds, Noise has positioned itself as India's trusted No.1 smart wearable brand. The company has been acquired by Titan Company and continues to innovate in the e-commerce, electronics, and fashion industries.
How Much Funding Has Noise Raised?
- Series A
- Amount Raised: USD 10,000,000
- Date: December 2023
- Lead Investors: Bose Ventures
- Valuation at Round: Approximately USD 426,000,000
- Motivation Behind the Round: The strategic alliance with Bose aims to revolutionize the future of smart wearables, leveraging Bose's technical expertise and global experience to enhance Noise's capabilities and product offerings.
- Convertible Note
- Amount Raised: USD 20,000,000
- Date: April 2025
- Lead Investors: Bose Ventures
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: The funding was likely aimed at supporting the company's growth and expansion in the mobile accessories, camera accessories, and smart wearables market.
Total Amount Raised: USD 30,000,000. Current Valuation: Approximately USD 426,000,000.
Key Investors
- Bose Ventures
- Details: Bose Ventures is the venture capital arm of Bose Corporation, a global leader in audio technology. They have invested $10 million in Noise, acquiring a 2.17% stake in the company.
- Investment Focus Areas: Consumer electronics, audio technology, smart wearables.
- Notable Investments: Noise.
What's Next for Noise?
Noise's strategic alliance with Bose opens up significant opportunities for growth in the smart wearables market. Leveraging Bose's technical expertise, Noise can enhance its product offerings and expand its market share. The $10 million investment and a valuation of $426 million highlight the potential for future fundraising rounds to further scale operations.
However, the company faces challenges such as intense competition from established brands like boAt and the complexities of scaling up operations. Maintaining profitability while expanding manufacturing capabilities will be crucial. Despite these hurdles, Noise's strong market position and innovative collaborations position it well for continued success.
Use Clay to Get Funding Data
Sales professionals, take advantage of Clay's platform to access comprehensive fundraising data on companies like Noise and gather other critical business insights. Sign up for free to start leveraging these powerful tools today.
