What Happened To Autio After Shark Tank?

Autio After Shark Tank Update: Autio is a Santa Barbara, California-based storytelling app that tells the story of various places in the United States to the traveler. 10,399 stories from coast-to-coast of the United States are available in this app. The user will be able to explore the stories of their nearby location through this app.

After installing this app, you get to listen to 5 stories for free, after that 30 days, 1 year, and 3 years plan will have to be taken. In this, stories can also be downloaded and heard offline. This app is available for iPhone and has been downloaded over 500,000 times.

What Is Autio?

The user will be able to explore the stories of their nearby location through this app. All the stories in this app have been told by master storytellers such as Kevin Costner, Phil Jackson, and John Lithgow.

All the stories in this app are based on the culture, history, local insights, music, natural wonders, and sports of that specific place.

Who Is The Founder Of Autio?

This startup was founded in 2020 under the name “HearHere” by Woody Sears, Bill Werlin and Kevin Costner. Rebranded in June 2022 to Autio name. Sears is the co-founder and CEO of this company. He has studied MBA from Pepperdine University. He has received many awards like Innovation Awards, iKids Awards, etc.

Werlin is the co-founder and content creator of this company. He was born in the Colorado Mountain Territory and grew up working in the ski area with his family. Costner is another co-founder of this company, apart from this he is also a producer and actor. He has received Academy Awards and Golden Globe Awards twice for his work.

VSEAT Shark Tank Update

Company Name	Autio
Founder	Woody Sears, Bill Werlin, and Kevin Costner
Founded	2020
Product	Audio for Travel
Asked For	$1M for 5% equity
Final Deal	No Deals
Shark	No Sharks
Episode (Shark Tank USA)	S14 E17
Air Date	Mar 17, 2023
Business Status	In Business
Autio Net Worth	$3M *estimated
Headquarters	Santa Barbara, California, United States
Autio Instagram	View Profile
GO TO AMAZON	Buy Now

Also Read This: What Happened To VSEAT After Shark Tank?

Autio on Shark tank pitch

Woody Sears enters Shark Tank and asks the sharks for $1 million for 5% equity. The sharks were astonished after hearing this demand. Woody told how Autio helps the traveler in telling the history of the specific location and the stories related to it.

So far they have raised $3.5 million. Currently, this app has 15,000 paid members, 210,000 registered users, and 0.5 million downloads. 70% of users renew in paid subscribers. Initially, the customer acquisition was $38 but now it is $10.

All the sharks refused to invest in this business except Kevin. Kevin O’Leary offered $1 million for 15% equity. Woody counters Kevin for $1 million for 6.5% equity. Kevin countered 12% equity. Woody countered 7% equity.

Kevin countered another 10% equity but Woody would not go over 7% equity. The deal on Shark Tank did not happen because Woody was not going to go above 7% equity.

Autio Net Worth

The current estimated worth of Autio is $20 million. This startup was started in 2020 and so far this startup has raised a total estimated $4.8 million funding. This is the second startup of Woody Sears, his first startup was Zuuka and this startup raised $2 million in funding.

Millions of people are using this app at present. Many media publications like Forbes, The New York Times, Outside, and TechCrunch have featured this startup.

Is Autio Still In Business?

Yes, Autio is still in the business as of April 2024.

Millions of people are using this app at present. Many media publications like Forbes, The New York Times, Outside, and TechCrunch have featured this startup.

Their headquarters is in Santa Barbara, California, United States. According to their account, Currently 5-8 people are working in their company.

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