About Hearzap
Hearzap is a company based in Hyderabad (India) founded in 2018 by Raja S.. Hearzap has raised $7.17 million across 2 funding rounds from investors including 360 One. The company has 62 employees as of March 27, 2024. Hearzap has completed 1 acquisition, including Speech & Hearing Care.
- Headquarter Hyderabad, India
- Employees 62 as on 27 Mar, 2024
- Founders Raja S
- Stage Minicorn
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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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- Legal Name Iza Medi Technologies Private Limited
- Date of Incorporation 05 Apr, 2019
- Jurisdiction Shaikpet, Telangana, India
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Annual Revenue
$2.04 M (USD)94.13as on Mar 31, 2023
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Net Profit
$-332.3 K (USD)-772.64as on Mar 31, 2023
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EBITDA
$-406.77 K (USD)-8949.1as on Mar 31, 2023
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Total Equity Funding
$7.17 M (USD)
in 2 rounds
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Latest Funding Round
$1.16 M (USD), Series A
May 23, 2025
- Investors
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Employee Count
62
as on Mar 27, 2024
- Investments & Acquisitions
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Funding Insights of Hearzap
Hearzap has successfully raised a total of $7.17M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $1.16 million completed in May 2025. 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 2
- Last Round Series A — $1.2M
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First Round
First Round
(08 Nov 2023)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2025 | Amount | Series A - Hearzap | Valuation | 360 One |
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| Nov, 2023 | Amount | Series A - Hearzap | Valuation | 360 One |
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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 Hearzap
Hearzap has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include 360 One. 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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Asset and wealth management software is provided for 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 Hearzap
Hearzap has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Speech & Hearing Care. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Speech and hearing disorders are managed by ENT clinics chain.
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2013 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Hearzap
| 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 |
Hearzap Comparisons
Competitors of Hearzap
| 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 Hearzap
Frequently Asked Questions about Hearzap
When was Hearzap founded?
Hearzap was founded in 2018 and raised its 1st funding round 5 years after it was founded.
Where is Hearzap located?
Hearzap is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Is Hearzap a funded company?
Hearzap is a funded company, having raised a total of $7.17M across 2 funding rounds to date. The company's 1st funding round was a Series A of $6.01M, raised on Nov 08, 2023.
How many employees does Hearzap have?
As of Mar 27, 2024, the latest employee count at Hearzap is 62.
What is the annual revenue of Hearzap?
Annual revenue of Hearzap is $2.04M as on Mar 31, 2023.
What does Hearzap do?
Hearzap was established in 2018 in Hyderabad, India, within the healthcare sector focused on auditory solutions. An online store is maintained, enabling users to locate nearby outlets and select from various hearing aid brands. Services encompass hearing assessments, device fittings, and continuous maintenance adjustments. Operations center on facilitating access to these resources for individuals requiring auditory support.
How many acquisitions has Hearzap made?
Hearzap has made 1 acquisition, including Speech & Hearing Care.
Who are Hearzap's investors?
Hearzap has 1 investor. Key investors include 360 One.
What is Hearzap's valuation?
The valuation of Hearzap is $33.15M as of May 2025.