Log In

Ossic X Headphones DIscontinued After Raising Millions In Crowdfunding

By Natalie Daher

A pair of “3D audio headphones” from Ossic are discontinued after the startup crowdfunded more than $2.7 million on Kickstarter and more than $3.2 million on Indiegogo.

The headphones, branded as a “first,” were expected to use virtual reality technology to produce an “immersive” sound experience. According to a post on Ossic’s website, the company ran out of money, unable to even ship a couple hundred headphones that they produced. Backers aren’t happy: a Facebook group of nearly 2,000 people are proposing a class-action lawsuit against the company.

“This was obviously not our desired outcome. The team worked exceptionally hard and created a production-ready product that is a technological and performance breakthrough. To fail at the 5 yard-line is a tragedy,” the team wrote on its website. “We are extremely sorry that we cannot deliver your product and want you to know that the team has done everything possible including investing our own savings and working without salary to exhaust all possibilities.”

Headphones are a well-backed product on crowdfunding sites. Other recent models have included TicPods Free and the Vinci 2.0 headset.

Subscribe to our newsletter.

Hello, friend.

Please enter a valid email address