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From Pennies to Plenty: Tech Start-Up Decibullz Wins $250K in Funding
FORT COLLINS, Colo., June 5, 2014 /PRNewswire/ -- As the only re-moldable custom earphone system currently on the market, Decibullz Custom Molded Earphones outpitched 16 other competitors to win the richest business pitch competition of its kind this May the inaugural CSU Blue Ocean Enterprises Challenge. Founder Kyle Kirkpatrick's pitch earned his company the grand prize of $250,000 in cash, six months of business coaching from EMyth, one year of entrepreneurship mentoring from Blue Ocean Enterprises (the holding company behind OtterBox Products) and $20,000 in equipment from HP.
A former gymnastics coach, Kirkpatrick started Decibullz Earphones from his home in 2012 when he couldn't find properly fitting headphones, particularly for athletes. With limited resources, he designed and patented Decibullz, a thermoplastic, custom-molded headphone system that users can custom fit themselves, as a solution for allowing people to listen to the music they love, while doing the activities they love.
"Winning this challenge is an entrepreneur's dream come true," Kirkpatrick said. "I plan to leverage this opportunity to grow Decibullz, by increasing our staff and developing new and innovative products that make people's lives better."
The significant boost in capital has the potential to skyrocket the patented custom-mold technology within the $2.3 billion earphones industry, as well as the $4 billion hearing aids industry. Kirkpatrick anticipates adding five new members to his staff this year, and up to an additional 20 by the end of 2015.
Unlike similar products, the Decibullz Contour comes with an attractive $59 price point, offering a comfortable fit and high sound quality without having to pay hundreds of dollars and wait weeks for custom-molded earbuds. They come with simple and straightforward steps for creating a comfortable, sound-isolating seal at home in just minutes, and as the only re-moldable custom earphone system, users can keep shaping them until you get the perfect fit.
About Decibullz: Fitness professional and avid mobile device user, Kyle Kirkpatrick, was frustrated with headphones that wouldn't stay in, sounded awful or hurt his ears. He decided to create an affordable, comfortable and snug-fitting headphone system to fit his active Colorado lifestyle. Learn more at http://www.decibullz.com.