About IntriCon
IntriCon is a company based in Arden Hills (United States) founded in 1977.. IntriCon has completed 4 acquisitions, including Ecgrecorder.com, Emerald Medical Services and Hearing Help Express. IntriCon offers products and services including Biosensors, Electromagnetic Sensors, and Precision Miniature Molding. IntriCon operates in a competitive market with competitors including ReSound, Olive Union, Phonak, Amplifon and Oticon, among others.
- Headquarter Arden Hills, United States
- Stage Public
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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
$125.21 M22as on Dec 31, 2021
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Net Profit
$-64 K97as on Dec 31, 2021
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EBITDA
$487 K116as on Dec 31, 2021
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Latest Funding Round
$94.9 M (USD), Post-IPO
Aug 21, 2018
- Investors
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Employee Count
Employee Count
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Investments & Acquisitions
Ecgrecorder.com
& 3 more
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Acquired by
& 1 more
(Sep 17, 2024)
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Products & Services of IntriCon
IntriCon offers a comprehensive portfolio of products and services, including Biosensors, Electromagnetic Sensors, and Precision Miniature Molding. 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.
Develops sensor-driven devices for biological monitoring and diagnostics applications.
Creates sensors for surgical navigation and precision tracking systems.
Offers molding for miniaturized medical components and device assembly.
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Manufacturing Team
5 people
Software Development Team
4 people
Product Management Team
4 people
Sales and Marketing
3 people
Human Resources and Administration
3 people
Finance and Accounting
2 people
Process Team
1 people
Controller Team
1 people
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Funding Insights of IntriCon
- Total Funding Total Funding
- Total Rounds 1
- Last Round Post-IPO — $94.9M
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First Round
First Round
(21 Aug 2018)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2018 | Amount | Post-IPO - IntriCon | 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 IntriCon
IntriCon has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Altaris. 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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PE firm invests in the US
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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 IntriCon
IntriCon has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Ecgrecorder.com, Emerald Medical Services and Hearing Help Express. 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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Medical catheters are manufactured by Emerald Medical Services.
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2011 | ||||
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A range of hearing aid accessories and batteries is provided.
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2009 | ||||
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Manufacturer of catheter shafts
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2000 |
| 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 - IntriCon
| 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 |
Intricon Comparisons
Competitors of IntriCon
IntriCon 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, Olive Union, Phonak, Amplifon and Oticon, 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 |
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| domain | founded_year | HQ Location |
Smart hearing aids are supplied for people with hearing impairments.
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| domain | founded_year | HQ Location |
Personal sound amplifying products are provided for hearing enhancement.
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| domain | founded_year | HQ Location |
Hearing aids, cochlear implants, and wireless systems are developed online.
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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 |
Developer and manufacturer of hearing aids
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| domain | founded_year | HQ Location |
Developer and manufacturer of hearing aids
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Intricon
Frequently Asked Questions about IntriCon
When was IntriCon founded?
IntriCon was founded in 1977 and raised its 1st funding round 41 years after it was founded.
Where is IntriCon located?
IntriCon is headquartered in Arden Hills, United States. It is registered at Arden Hills, Minnesota, United States.
Who is the current CEO of IntriCon?
Scott Longval is the current CEO of IntriCon.
What is the annual revenue of IntriCon?
Annual revenue of IntriCon is $125.21M as on Dec 31, 2021.
What does IntriCon do?
IntriCon was founded in 1977 and is headquartered in Arden Hills, United States. Body-worn devices and electronic products are developed by the company, with a focus on the healthcare sector. Proprietary miniature hearing aids and biomedical solutions are produced. Connected hearing aids are offered that monitor hearing and enable remote adjustments to quality. Operations center on innovation in audiology and medical electronics.
Who are the top competitors of IntriCon?
What products or services does IntriCon offer?
IntriCon offers Biosensors, Electromagnetic Sensors, and Precision Miniature Molding.
How many acquisitions has IntriCon made?
IntriCon has made 4 acquisitions, including Ecgrecorder.com, Emerald Medical Services, and Hearing Help Express.
Who are IntriCon's investors?
IntriCon has 1 investor. Key investors include Altaris.
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