About EarSwitch
EarSwitch is a company based in Bristol (United Kingdom) founded in 2019 by Nick Gompertz and Garry Pratt.. EarSwitch has raised $1.52 million across 6 funding rounds from investors including Newable, Catapult Ventures and Britbots. The company has 1 employees as of December 31, 2022. EarSwitch offers products and services including EarMetrics, EarMetrics Cloud, and EarControl. EarSwitch operates in a competitive market with competitors including ReSound, Amplifon, WS Audiology, Starkey and Audicus, among others.
- Headquarter Bristol, United Kingdom
- Employees 1 as on 31 Dec, 2022
- Founders Nick Gompertz, Garry Pratt
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Sectors
Healthcare
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Earswitch Ltd
- Date of Incorporation 11 Dec, 2019
- Jurisdiction BRISTOL, ENGLAND
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1.52 M (USD)
in 6 rounds
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Latest Funding Round
$1.52 M (USD), Seed
Feb 19, 2024
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Investors
Newable
& 2 more
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Employee Count
1
as on Dec 31, 2022
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Products & Services of EarSwitch
EarSwitch offers a comprehensive portfolio of products and services, including EarMetrics, EarMetrics Cloud, and EarControl. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
In-ear sensors generating medical-grade health insights.
Secure cloud for storing and analyzing biometric data.
Technology for intent-driven earphone functionality.
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Leadership Team
1 people
Finance and Accounting
1 people
CTO Team
1 people
Founder Team
1 people
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Funding Insights of EarSwitch
EarSwitch has successfully raised a total of $1.52M across 6 strategic funding rounds. The most recent funding activity was a Seed round of $1.52 million completed in February 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 Total Funding
- Total Rounds 6
- Last Round Seed — $1.5M
- First Round First Round
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2024 | Amount | Seed - EarSwitch | Valuation | The GM&C Life Sciences Fund |
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| May, 2023 | Amount | Grant - EarSwitch | Valuation |
investors |
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| Apr, 2023 | Amount | Seed - EarSwitch | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in EarSwitch
EarSwitch has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Newable, Catapult Ventures and Britbots. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital funds are managed for life sciences and growth businesses.
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Founded Year | Domain | Location | |
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Britbots is focused on supporting UK-based robotics and AI businesses.
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Founded Year | Domain | Location | |
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Business loans are provided to UK enterprises by Newable.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by EarSwitch
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - EarSwitch
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Earswitch Comparisons
Competitors of EarSwitch
EarSwitch 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, WS Audiology, Starkey and Audicus, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Smart hearing aids are supplied for people with hearing impairments.
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| domain | founded_year | HQ Location |
Hearing aids and accessories are manufactured, distributed, and retailed.
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| domain | founded_year | HQ Location |
Hearing loss treatment devices are developed by WS Audiology.
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| domain | founded_year | HQ Location |
Developer and manufacturer of hearing aids
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| domain | founded_year | HQ Location |
Hearing aids are manufactured and sold online at reduced prices.
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| domain | founded_year | HQ Location |
Hearing aids are developed for unique conditions with enhanced amplification.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Earswitch
Frequently Asked Questions about EarSwitch
When was EarSwitch founded?
EarSwitch was founded in 2019 and raised its 1st funding round 2 years after it was founded.
Where is EarSwitch located?
EarSwitch is headquartered in Bristol, United Kingdom. It is registered at Bristol, England, United Kingdom.
Who is the current CEO of EarSwitch?
Nick Gompertz is the current CEO of EarSwitch. They have also founded this company.
Is EarSwitch a funded company?
EarSwitch is a funded company, having raised a total of $1.52M across 6 funding rounds to date.
How many employees does EarSwitch have?
As of Dec 31, 2022, the latest employee count at EarSwitch is 1.
What does EarSwitch do?
EarSwitch was founded in 2019 in Bristol, United Kingdom, as a developer of assistive technology in the health sector. A smart in-ear device is created by the company, incorporating biometric switches and sensors to identify deliberate eardrum movements controlled by small muscles. This approach enables communication and environmental control for individuals with severe disabilities. Operations focus on device innovation, with co-founders Nick Gompertz as CEO and Garry Pratt leading development.
Who are the top competitors of EarSwitch?
EarSwitch's top competitors include WS Audiology, Eargo and Widex.
What products or services does EarSwitch offer?
EarSwitch offers EarMetrics, EarMetrics Cloud, and EarControl.
Who are EarSwitch's investors?
EarSwitch has 3 investors. Key investors include Newable, Catapult Ventures, and Britbots.