About Advanced Bionics
Advanced Bionics is a company based in Valencia (United States) founded in 1993 was acquired by Sonova in November 2009. Advanced Bionics has raised $78.06 million across 4 funding rounds from investors including HHS and Sonova. The company has 20 employees as of April 09, 2024. Advanced Bionics offers products and services including Marvel CI, Naída CI, and Chorus Sound Processor. Advanced Bionics operates in a competitive market with competitors including Zhejiang Norcong Neuroelectronics, Esteem Hearing, Oticon Medical, Hemideina and Otokinetics, among others.
- Headquarter Valencia, United States
- Employees 20 as on 09 Apr, 2024
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Sectors
Healthcare
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Email
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Phone
Locked
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Website
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Social
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- Legal Name Advanced Bionics India Private Limited
- Date of Incorporation 16 May, 2011
- Jurisdiction Bengaluru, Karnataka, India
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Annual Revenue
$4.93 M (USD)56.62as on Mar 31, 2022
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Net Profit
$147.88 K (USD)195.87as on Mar 31, 2022
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EBITDA
$226.72 K (USD)226.67as on Mar 31, 2022
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Total Equity Funding
$78.06 M (USD)
in 4 rounds
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Latest Funding Round
$629.8 K (USD), Grant
Jan 18, 2008
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Investors
HHS
& 1 more
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Employee Count
20
as on Apr 09, 2024
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Acquired by
Sonova
(Nov 09, 2009)
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Products & Services of Advanced Bionics
Advanced Bionics offers a comprehensive portfolio of products and services, including Marvel CI, Naída CI, and Chorus Sound Processor.
Provides advanced sound processing for adults with severe hearing loss.
Offers hearing solutions tailored for children with profound loss.
Enhances cochlear implant functionality for everyday use.
People of Advanced Bionics
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Sales and Marketing
32 people
Software Development Team
22 people
Clinical Team
21 people
Senior Team
15 people
Leadership Team
12 people
Regional Team
7 people
Principal Team
6 people
Cochlear Team
5 people
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Funding Insights of Advanced Bionics
Advanced Bionics has successfully raised a total of $78.06M across 4 strategic funding rounds. The most recent funding activity was a Grant round of $629.8 thousand completed in January 2008. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Advanced Bionics
Advanced Bionics has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include HHS and Sonova.
| Investor | Description | Founded Year | Domain | Location |
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Public health and human services are overseen by HHS.
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Portfolio of hearing aids, cochlear implants, and communication solutions
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Investor details for Advanced Bionics
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Investments & Acquisitions by Advanced Bionics
Investment portfolio details for Advanced Bionics
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Financial Statements - Advanced Bionics
Detailed financials for Advanced Bionics
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Advanced Bionics Comparisons
Peer comparison for Advanced Bionics
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Competitors of Advanced Bionics
Advanced Bionics operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Zhejiang Norcong Neuroelectronics, Esteem Hearing, Oticon Medical, Hemideina and Otokinetics, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Multi-channel cochlear implants and speech processors are developed and manufactured.
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Developer of implanted hearing devices
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Develops medical devices for cochlear implants and bone conduction hearing aids.
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Cochlear implants for deafness treatment are developed.
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Cochlear Implant
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Detailed competitors of Advanced Bionics
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Latest news on Advanced Bionics
Complete news archive for Advanced Bionics
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Frequently Asked Questions about Advanced Bionics
Advanced Bionics was founded in 1993 and raised its 1st funding round 9 years after it was founded.
Advanced Bionics is headquartered in Valencia, United States. It is registered at Valencia, California, United States.
Victoria Carr-Brendel is the current CEO of Advanced Bionics.
Advanced Bionics is a funded company, having raised a total of $78.06M across 4 funding rounds to date.
As of Apr 09, 2024, the latest employee count at Advanced Bionics is 20.
Annual revenue of Advanced Bionics is $4.93M as on Mar 31, 2022.
Advanced Bionics was founded in 1993 and is headquartered in Valencia, United States. Operations are focused on the medical device sector, where cochlear implant technology is developed to restore hearing for individuals with severe-to-profound hearing loss. Key products include the Naída CI M sound processor for adults and the Sky CI Marvel sound processor for children. Services encompass the provision of these hearing solutions through clinical and professional networks.
Advanced Bionics's top competitors include Hemideina, Zhejiang Norcong Neuroelectronics and Esteem Hearing.
Advanced Bionics offers Marvel CI, Naída CI, and Chorus Sound Processor.