IHear Medical, Inc.

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IHear Medical, Inc. - overview

Established

2010

Location

San Leandro, CA, US

Primary Industry

Medical Devices & Equipment

About

IHear Medical, Inc. focuses on advancing audio health solutions through innovative hearing devices that enhance sound clarity for individuals with hearing challenges, ensuring improved communication across various environments. IHear Medical, Inc. was founded in 2010 and is based in San Leandro, US.


The company specializes in the development of hearing devices designed to address hearing impairments. Its founder, Adnan عدنان, is also the current CEO. The company has raised a total of USD 3. 65 mn across multiple funding rounds, with the most recent being a VENTURE DEBT round of USD 2.


30 mn on October 5, 2021, supported by investors such as Ameritas Life Insurance Corp. , Aphelion Capital, and Lighthouse Capital. IHEAR Medical specializes in advanced audio health solutions designed to enhance the listening experience for individuals with hearing challenges. The company's core product offerings include a range of innovative hearing devices that utilize technology to improve sound clarity and reduce background noise.


These products cater to different degrees of hearing loss and empower users to communicate effectively in various environments. IHEAR Medical serves individual consumers and healthcare providers, operating in North America, Europe, and select regions in Asia. IHEAR Medical generates revenue through direct-to-consumer sales and partnerships with healthcare providers. Customers can purchase devices outright or through installment plans.


The company offers various pricing tiers for its hearing devices, integrating products into healthcare services to enhance patient care and establish ongoing relationships with end-users. In October 2021, IHear Medical was acquired by InnerScope Hearing Technologies Inc. , aiming to expand its customer base and access retail and distribution channels, including insurance partners and direct online sales. With the recent funding, IHear Medical plans to develop new hearing devices and enhance market presence, focusing on growing in existing markets and exploring new regions to reach a broader audience.


Current Investors

Aphelion Capital, Ameritas Life Insurance Corp., Lighthouse Capital

Primary Industry

Medical Devices & Equipment

Sub Industries

Medical Devices & Equipment

Website

www.ihearmedical.com

Verticals

E-commerce

Total Amount Raised

Subscriber access only

IHear Medical, Inc. - employee data

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