About hearX Group
hearX Group is a company based in Dover (United States) founded in 2015.. hearX Group has raised $13.3 million across 5 funding rounds from investors including Futuregrowth, HAVAIC and Bose Ventures. hearX Group offers products and services including Hearing Screening Equipment, Digital Audiometry Solutions, and Retail Hearing Testing. hearX Group operates in a competitive market with competitors including Sorenson, Ava, TympaHealth, Hand Talk and RogerVoice, among others.
- Headquarter Dover, United States
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Sectors
Healthcare
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Email
***********
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$13.3 M (USD)
in 5 rounds
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Latest Funding Round
$8.3 M (USD), Series A
Feb 05, 2021
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Investors
Futuregrowth
& 3 more
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Employee Count
Employee Count
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Products & Services of hearX Group
hearX Group offers a comprehensive portfolio of products and services, including Hearing Screening Equipment, Digital Audiometry Solutions, and Retail Hearing Testing. 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.
Tools for efficient hearing loss detection in clinical settings
Software for accurate on-site hearing assessments without booths
Solutions for in-store and online hearing evaluations
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Funding Insights of hearX Group
hearX Group has successfully raised a total of $13.3M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $8.3 million completed in February 2021. 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 5
- Last Round Series A — $8.3M
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First Round
First Round
(25 Jul 2017)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2021 | Amount | Series A - hearX Group | Valuation | Bose Ventures | |
| Dec, 2019 | Amount | Series A - hearX Group | Valuation | HAVAIC |
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| Apr, 2018 | Amount | Series A - hearX Group | 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 hearX Group
hearX Group has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include Futuregrowth, HAVAIC and Bose Ventures. 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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Early-stage startups are funded by sector-agnostic Bose Ventures.
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Founded Year | Domain | Location | |
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Early-stage centric tech and energy focused VC firm investing in geographies such as South Africa
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Founded Year | Domain | Location | |
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Sphere Holdings is engaged in investment in established businesses.
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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 hearX Group
| 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 - hearX Group
| 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 |
Hearx Group Comparisons
Competitors of hearX Group
hearX Group 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 Sorenson, Ava, TympaHealth, Hand Talk and RogerVoice, 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 |
Communication services for deaf and hard-of-hearing individuals are provided.
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| domain | founded_year | HQ Location |
AI-based transcription and captioning services are provided for multiple applications.
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| domain | founded_year | HQ Location |
Provider of an AI-based hearing health diagnosis device for medical professionals
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| domain | founded_year | HQ Location |
Provider of software for virtual sign-language interpreter
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| domain | founded_year | HQ Location |
Call assistance for individuals suffering from speech and hearing impairment
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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 Hearx Group
Frequently Asked Questions about hearX Group
When was hearX Group founded?
hearX Group was founded in 2015 and raised its 1st funding round 2 years after it was founded.
Where is hearX Group located?
hearX Group is headquartered in Dover, United States. It is registered at Dover, Delaware, United States.
Is hearX Group a funded company?
hearX Group is a funded company, having raised a total of $13.3M across 5 funding rounds to date. The company's 1st funding round was a Series A of $2.8M, raised on Jul 25, 2017.
What does hearX Group do?
Founded in 2015 and based in Dover, United States, hearX Group operates in the health technology sector, focusing on audiology. Clinical self-hearing tests are delivered through a smartphone platform for patients and audiologists in telehealth settings. Key offerings include HearKiosk for pharmacy-based screening, HearScreen for mobile assessments, HearTesta for diagnostic testing, HearRisk for ear risk evaluations stored in the cloud, and HearScope for AI-assisted eardrum imaging.
Who are the top competitors of hearX Group?
What products or services does hearX Group offer?
hearX Group offers Hearing Screening Equipment, Digital Audiometry Solutions, and Retail Hearing Testing.
Who are hearX Group's investors?
hearX Group has 4 investors. Key investors include Futuregrowth, HAVAIC, Bose Ventures, and Sphere Holdings.
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