About Audicus
Audicus is a company based in Hoboken (United States) founded in 2011 by Patrick Freuler. Audicus has raised $8.51 million across 5 funding rounds. Audicus offers products and services including Omni 2, Spirit 2, Wave 2, and Mini 2. Audicus operates in a competitive market with competitors including ReSound, Amplifon, Eargo, WS Audiology and Widex, among others.
- Headquarter Hoboken, United States
- Founders Patrick Freuler
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Sectors
HealthcareTechnology
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Phone
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Website
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Social
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Annual Revenue
$11.9 M (USD)11as on Dec 31, 2023
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Net Profit
-$1.1 M (USD)-26as on Dec 31, 2023
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EBITDA
Not available
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Total Equity Funding
$8.51 M (USD)
in 5 rounds
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Latest Funding Round
$200 K (USD), Series A
Aug 28, 2024
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Investors
Not available
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Employee Count
Not available
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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
People of Audicus
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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.
Investments & Acquisitions by Audicus
Investment portfolio details for Audicus
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Financial Statements - Audicus
Detailed financials for Audicus
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Audicus Comparisons
Peer comparison for Audicus
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Competitors of Audicus
Audicus 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 ReSound, Amplifon, Eargo, WS Audiology and Widex, among others.
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Smart hearing aids are supplied for people with hearing impairments.
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Hearing aids and accessories are manufactured, distributed, and retailed.
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Hearing aids are supplied for individuals with hearing disabilities.
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Hearing loss treatment devices are developed by WS Audiology.
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Hearing aids are developed for unique conditions with enhanced amplification.
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Developer and manufacturer of hearing aids
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Detailed competitors of Audicus
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Latest news on 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 current CEO of Audicus. They have also founded this company.
Audicus is a funded company, having raised a total of $8.51M across 5 funding rounds to date.
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's top competitors include WS Audiology, Eargo and Widex.
Audicus offers Omni 2, Spirit 2, Wave 2, and Mini 2.