About Audicus
Audicus is a Healthcare company based in Hoboken (United States) founded in 2011 by Patrick Freuler. Hearing aids are manufactured and sold online at reduced prices. It operates in the Healthcare and Technology sectors. Audicus has raised $8.51 million across 5 funding rounds. Its chief executive, as recorded, is Patrick Freuler. Its website audicus.com draws about 104 thousand monthly visits. Audicus offers products and services including Omni 2, Spirit 2, Wave 2, and Mini 2. Its focus areas include High Tech, Wearable Technology, Health and Wellness Devices and Ear Care. Its competitors include Eargo and Starkey; 1 of its 2 listed competitors has raised funding.
Company details
Audicus is a company that manufactures hearing aids and sells them online, often undercutting middlemen like the audiologists office by as much as 80 percent. It raised 1.6 million in convertible notes from Middleland Capital, Howzat Partners, and other investors in 2013. Had a revenue run rate of about 1.5 million to 2 million at the time of the funding round.
- Headquarters Hoboken, United States
- Founders Patrick Freuler
- SectorsHealthcareTechnology
- Website audicus.com
- Social LinkedIn X Facebook
- Annual Revenue$11.9 M (USD)11as on Dec 31, 2023
- Net Profit-$1.1 M (USD)-26as on Dec 31, 2023
- Total Equity Funding$8.51M (USD)
in 5 rounds
- Latest Funding Round$200K (USD), Series A
Aug 2024
Products & Services of Audicus
Audicus offers a comprehensive portfolio of products and services, including Omni 2, Spirit 2, Wave 2, and Mini 2.
Advanced device for clear speech in noisy environments with Bluetooth connectivity
Versatile aid for everyday use in various settings like home and outdoors
Affordable option for casual lifestyles and TV watching with basic features
Discreet rechargeable device for high-performance audiology-grade support
Funding Insights of Audicus
Audicus has successfully raised a total of $8.51M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $200 thousand completed in August 2024. 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.
- Total Funding $8.51M
- Total Rounds 5
- Last Round Series A β $200,000
- First Round $1.6M
(Oct 2013)
All 5 funding rounds of Audicus with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug 2024 | $200,000 | Series A | β | β | β |
| Nov 2023 | $4.1M | Series A | β | β | β |
| Feb 2017 | $4.21M | Series A | β | β | β |
| Apr 2014 | $1.57M | Debt – Conventional | β | β | β |
| Oct 2013 | $1.6M | Debt – Conventional | β | β | β |
People of Audicus
33 people are tracked at Audicus (12 in leadership, 21 in team).
| Name | Role | Group |
|---|---|---|
Patrick Freuler | Founder & CEO | Leadership |
Dru Jeffery | Head Of Business Development | Leadership |
Steve Romine | Chief Operating Officer | Leadership |
Brian Ramirez | Head Of Marketing | Leadership |
Tara Spears | Director - HR & Talent Acquisition | Leadership |
Logan Munro | CTO | Leadership |
Andre Sequin | Chief Financial Officer And Director | Leadership |
Emily Gang | Director of Customer Experience | Leadership |
Christian Sjulsen | VP, Consumer | Leadership |
Drew Wingert | Vice President Of Business Development | Leadership |
Meredith Duffy, Au.D. | Chief Audiologist | Leadership |
Monica Junge | Director of Sales Enablement | Leadership |
Michael D. | Account Executive | Team |
Rebecca Dominguez | Account Executive | Team |
Michael Barone | Contracted - Business Development Program | Team |
Michelle Fernandez | Recruiting Team Lead | Team |
Adam Samaan | Operations & Logistics | Team |
Tyler Stocker | Sales Manager | Team |
Sara Horne | Account Executive | Team |
Alexander Crowell | Sales Manager | Team |
13 more people are available in the full profile.
Complete people profiles for Audicus
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
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Timeline of Audicus
3 dated milestones of Audicus across 13 years, from founding to its latest funding, stage changes and deals.
- Founded Audicus is founded.
- Funding First funding round of $1.6M.
- Funding Latest funding round, Series A, of $200K.
Competitors of Audicus
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| eargo.com | 2010 | San Jose, United States | $216.58M | 45 | Hearing aids are supplied for individuals with hearing disabilities. | |
| starkey.com | 1967 | Eden Prairie, United States | Developer and manufacturer of hearing aids |
Detailed competitors of Audicus
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
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Web traffic of Audicus
The website of Audicus (audicus.com) receives about 103.6K visits a month.
- Monthly visits103.6K
▼ 9.5% vs previous month
Websites whose visitors overlap most with Audicus. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| mdhearingaid.com | 100% | #331,131 | View details | ||
| checkhearing.org | 84% | #199,774 | View details | ||
advancedhearing.com | advancedhearing.com | 83% | #6,287,401 | β | |
| enticare.com | 82% | 680.7K | #448,196 | View details | |
rnid.org.uk | rnid.org.uk | 78% | #196,071 | β | |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
All 40 similar websites and full traffic analytics for Audicus
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 40 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Assistive & Age Tech Solutions
3 companies that operate in the same segment as Audicus (Assistive & Age Tech Solutions) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Ride-sharing service for children's healthcare transportation is managed digitally. | 2014 | South Pasadena, California, United States | USD 105.52 M | 123 | ||
Robotic arms are provided for mobility and rehabilitation support. | 2004 | Boston, Massachusetts, United States | USD 17.21 M | USD 40.93 M | 185 | |
Aira is focused on providing remote video interpreting services for accessibility. | 2014 | San Diego, California, United States | USD 192.2 M |
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Related news about Audicus
Complete news archive for Audicus
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Frequently Asked Questions about Audicus
Audicus was founded in 2011 and raised its 1st funding round 2 years after it was founded.
Audicus is headquartered in Hoboken, United States. It is registered at Hoboken, New Jersey, United States.
Patrick Freuler is the CEO of Audicus, as recorded in our data. They have also founded this company.
Audicus is a funded company, having raised a total of $8.51M across 5 funding rounds to date. The company's 1st funding round was a Debt β Conventional of $1.6M, raised on Oct 2013.
Annual revenue of Audicus is $11.9M as on Dec 31, 2023.
Audicus is a company that manufactures hearing aids and sells them online, often undercutting middlemen like the audiologists office by as much as 80 percent. It raised 1.6 million in convertible notes from Middleland Capital, Howzat Partners, and other investors in 2013. Had a revenue run rate of about 1.5 million to 2 million at the time of the funding round.
Audicus offers Omni 2, Spirit 2, Wave 2, and Mini 2.
The website of Audicus receives about 104 thousand visits a month.