Company Description
Auddia Inc. (NASDAQ: AUUD) is an AI-first technology company in the information sector, operating within the data processing, hosting, and related services industry. According to company disclosures, Auddia has built a proprietary AI platform for audio identification and classification that is used to reinvent how consumers engage with AM/FM radio, podcasts, and other streaming audio content. The company has historically focused on digital radio broadcasts and streaming audio, and it trades on the Nasdaq stock market.
Auddia’s core technology underpins its flagship mobile application, faidr, described as an audio superapp. The faidr app delivers ad-free listening on AM/FM music station streams and supports content skipping across AM/FM music stations. It also offers one-touch skipping of entire podcast ad breaks and ad-free listening for podcast partners. The company states that faidr brings multiple firsts to the audio streaming landscape by combining these capabilities on a single platform.
In earlier disclosures, Auddia noted that it generated revenue through subscription fees from customers accessing its cloud-based computing services and through advertisement services. More recently, the company has announced a
Auddia has introduced and described several AI models within faidr. One AI model supports automated identification of ad breaks on AM/FM radio streams so they can be removed from the listening experience. Another model, referred to internally as the binary AI model, allows subscribers to turn off both ads and DJ talk, transforming an FM music station into a continuous music-only experience. These features are accessible through radio preference controls that enable users to toggle ads and DJ talk on or off.
The company has also articulated a superapp strategy for faidr. It has stated that the goal is to bring major components of audio into one streaming platform, starting with AM/FM radio and podcasts. Auddia has described plans for future additions to the faidr superapp, including a music player, audiobooks, and a text-to-speech category to convert written content into audio. By observing how users engage with different types of audio on a single platform, Auddia believes it can leverage this data to train AI models that help deliver suitable content to each user and provide feedback to creators about audience preferences.
In 2025, Auddia announced a strategic transition for faidr from a paid subscription model to a free experience for consumers, with all premium AI features within faidr made free to all users. The company has stated that this move is intended to expand its user base and showcase its proprietary technology. The free faidr app is described as delivering premium, ad-free AM/FM streaming and enabling manual song skipping, powered by Auddia’s AI platform.
Alongside this shift, Auddia has introduced and is developing Discovr Radio, an AI-driven music discovery platform. According to company announcements, Discovr Radio is designed so that artists and labels subscribe to gain guaranteed plays of their music on mainstream AM/FM radio station streams during traditional ad slots. The platform is expected to use an AI Artist Discovery Engine to match new music to listener preferences, allowing listeners to passively discover new artists while they stream radio. An associated Artist Portal is intended to give artists access to analytics such as total plays, likes and dislikes, and demographic data.
Auddia has described its evolving business model as a B2B SaaS model focused on giving artists and labels a new way to leverage AM/FM radio streams to connect with mainstream radio listeners. Under this model, artists and labels would pay a subscription to access Discovr Radio’s capabilities, including guaranteed plays and campaign tools. The company has indicated that faidr will be the first app integrated into the Discovr Radio platform, with the possibility of opening the platform to other radio streaming apps in the future.
Beyond its audio applications, Auddia has disclosed plans to restructure into a holding company that delivers AI and web3 (blockchain and crypto) capabilities to portfolio companies. The company entered into a non-binding letter of intent for a proposed business combination with Thramann Holdings, LLC, a privately held holding company that controls several early-stage AI-native companies. The contemplated transaction would result in Auddia becoming a public holding company with a new name and ticker symbol, and the portfolio companies of both Auddia and Thramann Holdings becoming subsidiaries of the public holding company. The company has also identified “McCarthy Finney” as the name of the surviving public company, assuming closing of the proposed business combination, and has reserved the NASDAQ ticker MCFN.
According to its disclosures, the holding company concept is intended to deliver AI efficiencies such as discounted AI compute costs, centralized AI model training and engineering, and the use of AI tools to optimize operations across portfolio companies. It is also intended to deliver web3 efficiencies through treasury strategies and the development of new blockchains and tokens aimed at reinventing market verticals and optimizing portfolio company operations. Auddia has emphasized that the proposed business combination remains subject to negotiation of definitive agreements, approvals, and other customary closing conditions, and that there can be no assurance the transaction will be consummated.
In addition to these strategic initiatives, Auddia has reported corporate actions such as a reverse stock split of its common stock, implemented with the stated goal of assisting the company in meeting Nasdaq continued listing standards related to minimum bid price. The company has also described restructuring of its engineering team to reduce costs and align with the planned AI-native holding company structure, including the use of internal AI talent and dedicated outsourced engineering resources for product development.
Through these activities, Auddia presents itself as an AI-focused audio technology company transitioning from a consumer subscription model toward a B2B SaaS and holding company framework that emphasizes AI and web3 capabilities. Investors and users evaluating AUUD can consider the company’s emphasis on AI-driven audio identification, ad-free radio and podcast experiences, and its stated intention to build Discovr Radio as a platform for artist and label engagement with streaming radio audiences.