That's always the problem with US-based startups it seems. Anything that involves making a device involves a lot of upfront expense, probably offshore manufacture, sometimes running into the shoals of the FDA. Consumer electronics is a tough ol' business.
Years ago, most new companies made a physical thing, and if I helped they had supporting software. The move into an economy based on surveillance advertising appears near-total.
Obviously you could sell a box with knobs and buttons and a speaker that a R-Pi is stuck into, but that's hardly mass market and itself wouldn't be cheap to build at low volume.