About Eargo
Eargo is a publicly listed company based in San Jose (United States) founded in 2010 by Florent Michel. Hearing aids are supplied for individuals with hearing disabilities. It operates in the Healthcare, Retail, and Technology sectors. Eargo has raised $216.58 million across 7 funding rounds from investors including SQ Capital, NEA and Charles and Helen Schwab Foundation. The company has 45 employees. Its chief executive, as recorded, is Christian Gormsen. Its website eargo.com draws about 109 thousand monthly visits. Its focus areas include Life Sciences, ENT Disorders, Medical Devices and Therapeutic Devices. Its competitors include Starkey, Audicus and IntriCon; 1 of its 3 listed competitors has raised funding.
Company details
Eargo was founded in 2010 in San Jose, United States, focusing on the hearing aid sector. Rechargeable devices that fit entirely inside the ear are offered, constructed using Flexi fiber and soft medical-grade silicon to suspend a small speaker. A mobile app is provided for adjusting settings across various listening environments. Products such as Eargo Neo and Eargo Max form part of the range.
- Total Equity Funding$216.58M (USD)
in 7 rounds
- Latest Funding Round$125M (USD), Post-IPO
Jun 2022
- InvestorsSQ Capital
& 10 more
- Employee Count45
Funding Insights of Eargo
Eargo has successfully raised a total of $216.58M across 7 strategic funding rounds. The most recent funding activity was a Post-IPO round of $125 million completed in June 2022. 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 $216.58M
- Total Rounds 7
- Last Round Post-IPO — $125M
- Investors Count 11
All 7 funding rounds of Eargo 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 |
|---|---|---|---|---|---|
| Jun 2022 | $125M | Post-IPO | – | – | |
| Sep 2020 | $81.58M | Series E | – | Gilde Healthcare, Longitude Capital | |
| Jan 2019 | $52M | Series D | – | Future Fund | |
| Oct 2017 | $45M | Series C | – | Nan Fung Life Sciences | |
| Dec 2015 | $25M | Series B | – | New Enterprise Associates | – |
| Jun 2015 | $13M | Series A | – | Maveron | |
| Jun 2013 | Seed | – | Maveron | – |
11 investors in total: 11 institutional.
Investors in Eargo
Eargo has secured backing from 11 investors, including institutional and venture fund investors. Prominent investors backing the company include SQ Capital, NEA and Charles and Helen Schwab Foundation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital investments are offered to startups by NEA. | nea.com | Menlo Park, United States | ||
Venture capital investments in consumer businesses, emphasizing technology and human behavior. | maveron.com | |||
Corporate backed venture capital firm investing in life sciences sector | nanfunglifesciences.com | San Francisco, United States | ||
US focused early-stage VC firm investing in tech & life sciences start-ups | birchmerevc.com | Pittsburgh, United States | ||
Venture capital is invested in various sectors by Crosslink Capital. | crosslinkcapital.com | San Francisco, United States | ||
Venture capital fund focused on early-stage biotech, life sciences, IT, and multiple sectors | dolbyventures.com | San Francisco, United States | ||
Private equity and venture captial firm focused on healthcare sectors | gildehealthcare.com | Cambridge, United States | ||
Private equity firm focused on life science sector | longitudecapital.com | Menlo Park, United States | ||
| sq-cap.com | ||||
Funds innovative solutions in education, housing, and employment for economic empowerment. | 1987 | schwabfoundation.org | San Francisco, United States |
Investor details for Eargo
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People of Eargo
30 people are tracked at Eargo (10 in leadership, 20 in team); the tracked headcount is 45.
| Name | Role | Group |
|---|---|---|
Florent Michel | Co-Founder | Leadership |
Christian Gormsen | CEO | Leadership |
Donna Drehmann | Director Customer Experience | Leadership |
Bill Brownie | COO | Leadership |
Adam Laponis | CFO | Leadership |
Deb Corti | Head Of Product Management | Leadership |
Jayaganesh Swaminathan | Director Of Acoustics And Clinical Research & Development | Leadership |
Michelle Nallin | VP Of Digital Product & Customer Experience | Leadership |
Keely Coffield | Senior Director People Strategy | Leadership |
Natalie Yanniruberto | Director Strategic Operations | Leadership |
Trisha Tatman | Personal Hearing Professional | Team |
Hitanshu Dudeja | Data Engineer | Team |
Ruthie Trask | Manager: People Strategy | Team |
Tony Pasadyn | Manager, Professional Services | Team |
Kathleen Boyce | Senior Product Manager | Team |
Tong Sheng | Senior Manager Clinical Science | Team |
Mark M. | Lead Ux/product Designer | Team |
Andrew Johnson | Principal Electroacoustic Engineer | Team |
Ken Fay | V.p., Operations | Team |
Jingbo Yang | Principle Audio Dsp/ai Engineer | Team |
10 more people are available in the full profile.
Complete people profiles for Eargo
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Timeline of Eargo
4 dated milestones of Eargo across 12 years, from founding to its latest funding, stage changes and deals.
- Founded Eargo is founded.
- Funding First funding round.
- IPO Lists on the stock exchange (IPO).
- Funding Latest funding round, Post-IPO, of $125.0M.
Competitors of Eargo
Eargo has 3 listed competitors in our database, 1 of them funded. They include Starkey, Audicus and IntriCon.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| starkey.com | 1967 | Eden Prairie, United States | Developer and manufacturer of hearing aids | |||
| audicus.com | 2011 | Hoboken, United States | $8.51M | Hearing aids are manufactured and sold online at reduced prices. | ||
| intricon.com | 1977 | Arden Hills, United States | Miniature hearing aids and biomedical solutions are developed by IntriCon. |
Detailed competitors of Eargo
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- Full competitor set
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Web traffic of Eargo
The website of Eargo (eargo.com) receives about 109.2K visits a month.
- Monthly visits109.2K
▲ 34.2% vs previous month
Websites whose visitors overlap most with Eargo. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| forbes.com | 100% | 94.8M | #628 | View details | |
| yahoo.com | 97% | 2.9B | #16 | View details | |
| msn.com | 85% | #74 | View details | ||
| jabraenhance.com | 47% | 395.1K | #97,323 | View details | |
| audicus.com | 33% | 103.6K | #393,974 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 8 similar websites and full traffic analytics for Eargo
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- 8 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 Eargo (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 Eargo
Complete news archive for Eargo
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Frequently Asked Questions about Eargo
Eargo was founded in 2010 and raised its 1st funding round 3 years after it was founded.
Eargo is headquartered in San Jose, United States. It is registered at San Jose, California, United States.
Christian Gormsen is the CEO of Eargo, as recorded in our data.
Eargo is a funded company, having raised a total of $216.58M across 7 funding rounds to date.
Eargo has 45 employees.
Eargo was founded in 2010 in San Jose, United States, focusing on the hearing aid sector. Rechargeable devices that fit entirely inside the ear are offered, constructed using Flexi fiber and soft medical-grade silicon to suspend a small speaker. A mobile app is provided for adjusting settings across various listening environments. Products such as Eargo Neo and Eargo Max form part of the range.
Eargo has 11 investors. Key investors include SQ Capital, NEA, Charles and Helen Schwab Foundation, Maveron, and Nan Fung Life Sciences.
The website of Eargo receives about 109 thousand visits a month.