Product Reports Resources Pricing Login Book a demo
COMPANY PROFILE

Oladance

Explore full profile

Ultimate open-ear design for comfortable, high-quality sound on-the-go, perfect for athletes

Ningbo, ChinaFounded 2022Consumer Services
Valuation $50–100M Last recorded · 2024
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Oladance and the history behind them.

About Oladance

Established in 2021, Oladance is a developer of open-ear audio technology co-founded by former Bose executive Li Haoqian and a team of ex-Bose engineers. The company's inception was driven by the founders' extensive experience in the audio industry, including early work on active noise cancellation, with a goal to create a new category of wearable audio. In March 2024, Oladance was acquired by ByteDance for a sum reported to be between 300 and 500 million yuan, a strategic move to bolster ByteDance's expansion into AI hardware and wearable devices.

Oladance operates in the consumer electronics market, specifically targeting the growing segment of open-ear headphones. Its business model revolves around the direct sale of its audio products to consumers. The company's key technological differentiator is its patented Open Wearable Stereo (OWS) concept, which it introduced globally in 2021. Unlike bone conduction headphones, OWS utilizes air conduction to deliver audio, a method designed to provide a more comfortable and natural listening experience without obstructing the ear canal. This approach allows users to remain aware of their surroundings, a significant safety benefit for activities like running and cycling.

The product line includes models such as the OWS 1, OWS 2, and OWS Pro. These headphones feature an open-ear design that rests on the ear, avoiding the in-ear placement that can cause fatigue. Key features across the product range include long battery life, with some models offering up to 16-19 hours of playtime per charge, water resistance, and environmental noise-canceling technology for clearer calls. The headphones are engineered with premium dynamic drivers and proprietary algorithms like Virtual Bass 2.0 to enhance sound quality. The ergonomic design, often incorporating a flexible titanium wire, ensures a secure fit during physical activity. The company also offers a companion app for users to customize audio settings and controls.

Source: Dealroom company data

At a glance

Status
Acquired
Founded
2022
Headquarters
Ningbo, China
Employees
1
Open positions
None listed
Dealroom signal
24.0/100
Industry
Music
Sector
Consumer Services
Business model
Manufacturing
Client focus
b2c

Funding history

4 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITION✓Exit May 2024 $50M $50M ByteDance ↗
SEED✓Equity / VC Aug 2023 $10M $40M BA Capital · Lanchi Ventures · Feng Qiao Capital ↗
Showing the latest 2 of 4 recorded eventsBook a demo for the full funding history →

Growth signals

Oladance website traffic

Latest recorded traffic for Oladance is 4.1K monthly website visits, up 70.8% over the last three months. Oladance's team grew 0% over the past year.

Latest monthly visits4.1K 3-month web change+70.8% 1-year team growth0%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

6 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed5 investors entered at this stage

  • ISeed Capital
  • Tianjin Jiuan Medical Electronics
  • BA Capital
  • Lanchi Ventures
  • Feng Qiao Capital

Other known investors1 additional known investor

  • ByteDance
Employees 1 total headcount
Founders Hidden — book a demo/100 quality score
Key operators Hidden — book a demo quality score
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
1 countries with
team presence
🇨🇳 China100%
1 country shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Oladance on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

See Oladance’s full profile on Dealroom

Request a free trial to see the complete deal history, financials, people graph and growth signals.

Takes under a minute. Already use Dealroom? Log in.