Adam Good
Adam Good
Auric
Adam Good · Founder/CEO · Sydney
Programmable scent for how you want to feel
🚀 FundraisingAI / Machine LearningDeep Tech / HardwareConsumer / D2C
Raising
$700K
SAFE
$50K
Min. Ticket
$5.5M
Val. Cap
20 Nov 2026
Target Close
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Introductions brokered by Inhouse Ventures

About Auric

Auric makes atmosphere programmable. Aromasphere, the My Auric app, guided Rituals and Smart Cap oils bring personalised scent to homes and workplaces. Our device-and-refill model combines hardware sales with an ongoing consumables opportunity. With 585 paying customers, Auric is raising a US$500k bridge SAFE to fund production, refill inventory and international expansion ahead of a planned US$5m Seed.

585+
Paying customers
91%
Refill repeat rate
20 Telstra stores
moving to 40 in Q1 2027

🎯 The Problem

People use scent to shape their surroundings, but candles, plug-ins and conventional diffusers offer limited control over timing, intensity and consistency. Homes and workplaces lack a simple, connected way to tailor scent to different routines, preferences and spaces.

💡 The Solution

Aromasphere combines app-controlled scent delivery, guided Rituals and device-recognised Smart Cap oils. Customers can tailor scent to their routines and replenish oils through Auric, creating an ongoing refill opportunity beyond the initial device purchase.

💰 Raise Details

Raise Target
$700K
Instrument
SAFE
Valuation Cap
$5.5M
Min. Ticket
$50K
Target Close
20 Nov 2026
Market Size

US$15B global home fragrance market (2026), forecast to reach US$20.9B by 2031 at a 6.8% CAGR. AI-personalised home fragrance is growing faster, from US$1.4B to US$4.8B between 2026 and 2036, at a 13.1% CAGR. Workplace and hospitality scent are a second market. Sources: Mordor Intelligence, Future Market Insights.

Use of Funds

The bridge of up to A$712k (US$500k) funds production of another 500 units, including 100 for the US influencer launch and 100 for South Africa, alongside oil refill inventory and fulfilment. It supports international expansion and validation of recurring refill revenue ahead of our planned US$5m Seed.

Raise Summary

Up to A$700k (US$500k) bridge on a post-money SAFE at an A$5.5m (US$3.86m) cap, with a US$30k minimum investment, closing 20 November 2026. Funds production of 500 additional Aromaspheres, including 100 for a US influencer launch and 100 for South Africa, plus oil refill inventory and fulfilment. Supports international expansion and validation of recurring refill revenue ahead of a planned US$5m Seed.

📄 Documents

🔒 Auric Deck - Nov2026.pdfRegister as an investor to view →

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👥 Team

Adam Good
Adam Good
Co Founder CEO
Adam leads Auric's strategy, capital and US expansion, building the intelligent scent platform from Sydney into the US market. A former San Francisco resident, he's leading Auric's January US launch through Auric Technologies, Inc.
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Alex Cutri
Alex Cutri
Co Founder CTO
Alex is a robotics engineer who leads Auric's hardware, firmware and platform development, from the Aromasphere and Smart Cap recognition through to manufacturing. Adam and Alex met through Antler in 2024 and co-founded Auric to make atmosphere programmable.
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🏭 Sector Focus
AI / Machine LearningDeep Tech / HardwareConsumer / D2C