IntriCon

Arden Hills, United States Founded: 1977 • Age: 49 yrs Listed
Miniature hearing aids and biomedical solutions are developed by IntriCon.

About IntriCon

IntriCon is a Healthcare company based in Arden Hills (United States) founded in 1977. Miniature hearing aids and biomedical solutions are developed by IntriCon. It operates in the Healthcare and Technology sectors. IntriCon has completed 4 acquisitions, including Ecgrecorder.com, Emerald Medical Services and Hearing Help Express. Its chief executive, as recorded, is Scott Longval. The company has since been acquired. IntriCon offers products and services including Biosensors, Electromagnetic Sensors, and Precision Miniature Molding. Its focus areas include High Tech, Wearable Technology, Health and Wellness Devices and Ear Care. Its competitors include Starkey, Eargo and Eversound; 2 of its 3 listed competitors have raised funding.

Company details

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.

  • Headquarters Arden Hills, United States
  • Stage Acquired
  • Sectors
    Healthcare
    Technology
  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website intricon.com
  • Social LinkedIn X Facebook
  • Acquired by Altaris (Feb 2022)
Key Metrics
  • Annual Revenue
    $125.21 M (USD)
    22
    as on Dec 31, 2021
  • Net Profit
    -$64 K (USD)
    97
    as on Dec 31, 2021
  • EBITDA
    $487 K (USD)
    116
    as on Dec 31, 2021
  • Latest Funding Round
    $94.9M (USD), Post-IPO

    Aug 2018

  • Investors
  • Investments & Acquisitions

Products & Services of IntriCon

IntriCon offers a comprehensive portfolio of products and services, including Biosensors, Electromagnetic Sensors, and Precision Miniature Molding.

Biosensors
Medical Device

Develops sensor-driven devices for biological monitoring and diagnostics applications.

Electromagnetic Sensors
Medical Device

Creates sensors for surgical navigation and precision tracking systems.

Precision Miniature Molding
Manufacturing Service

Offers molding for miniaturized medical components and device assembly.

Funding Insights of IntriCon

  • Total Rounds 1
  • Last Round Post-IPO β€” $94.9M
  • First Round $94.9M

    (Aug 2018)

All 1 funding rounds of IntriCon with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Aug 2018$94.9MPost-IPO––
–
Valuation history

1 investors in total: 1 institutional.

Investors in IntriCon

IntriCon has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Altaris.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
PE firm invests in the US
altariscap.comNew York, United States
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Investor details for IntriCon

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People of IntriCon

32 people are tracked at IntriCon (5 in leadership, 27 in team).

NameRoleGroup
Scott Longval
President & CEOLeadership
Michael Geraci
Senior Vice President of Sales and MarketingLeadership
Kimberly Johnson
Director Of Talent And Organizational DevelopmentLeadership
Shaun Blakeman
Chief Financial OfficerLeadership
Luke Smith
Senior Finance Director OperationsLeadership
Montasir A.
Global IT LeadTeam
Chad Whitman
Process EngineerTeam
Abigail Smith
Controller & TreasurerTeam
Dan Hanson
Product Development Engineer IITeam
Kitzie Zacharias
Quality Engineer Internal SystemsTeam
Darren Gilmer
Senior Engineering Manager, Product DevelopmentTeam
Jack Lieng
Wireless Firmware EngineerTeam
Jonathan Evert
Medical Manufacturing EngineerTeam
Brittany Laferriere
Human Resources GeneralistTeam
Rebecca Vikander
Lead PayrollTeam
Sischa Dyah Wuri
HR OfficerTeam
Nanhan Xiong
Asia Sales And Field Applications ManagerTeam
Tom Steinbring
Senior Quality EngineerTeam
Mason Wharton
Robotics And Automation EngineerTeam
Jessica Tye
Manufacturing EngineerTeam

12 more people are available in the full profile.

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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.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Medical catheters are manufactured by Emerald Medical Services.
emmedservices.comSingapore2011May 2020β€’β€’β€’β€’
A range of hearing aid accessories and batteries is provided.
hearinghelpexpress.comDekalb, United States2009Dec 2017$650,000
A supplier of audiology products
pcwerth.co.ukLondon, United Kingdom1947Nov 2015β€’β€’β€’β€’
Manufacturer of catheter shafts
ecgrecorder.comUnited States2000Aug 2009$2.5M
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Complete acquisition details for IntriCon

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Timeline of IntriCon

8 dated milestones of IntriCon across 45 years, from founding to its latest funding, stage changes and deals.

  1. Founded IntriCon is founded.
  2. IPO Lists on the stock exchange (IPO).
  3. Acquisition Acquires Ecgrecorder.com.
  4. Acquisition Acquires PcWerth.
  5. Acquisition Acquires Hearing Help Express.
  6. Funding First funding round of $94.9M.
  7. Acquisition Acquires Emerald Medical Services.
  8. Exit Acquired by Altaris.

Competitors of IntriCon

IntriCon has 3 listed competitors in our database, 2 of them funded. They include Starkey, Eargo and Eversound.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
starkey.com1967Eden Prairie, United States
Developer and manufacturer of hearing aids
eargo.com2010San Jose, United States$216.58M45
Hearing aids are supplied for individuals with hearing disabilities.
eversoundhq.com2015Boston, United States$12.97M32
Wireless headphone systems for seniors with hearing loss are provided.
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Detailed competitors of IntriCon

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Verified entity values are shown only after access is granted.

Web traffic of IntriCon

The website of IntriCon (intricon.com) receives about 2K visits a month.

  • Monthly visits
    2K

    ▼ 24% vs previous month

Top companies in Assistive & Age Tech Solutions

3 companies that operate in the same segment as IntriCon (Assistive & Age Tech Solutions) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Ride-sharing service for children's healthcare transportation is managed digitally.
2014South Pasadena, California, United StatesUSD 105.52 M123
Robotic arms are provided for mobility and rehabilitation support.
2004Boston, Massachusetts, United StatesUSD 17.21 MUSD 40.93 M185
Aira is focused on providing remote video interpreting services for accessibility.
2014San Diego, California, United StatesUSD 192.2 M
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Related news about Intricon

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Frequently Asked Questions about IntriCon

IntriCon was founded in 1977 and raised its 1st funding round 41 years after it was founded.

IntriCon is headquartered in Arden Hills, United States. It is registered at Arden Hills, Minnesota, United States.

Scott Longval is the CEO of IntriCon, as recorded in our data.

Annual revenue of IntriCon is $125.21M as on Dec 31, 2021.

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.

IntriCon's top competitors include Eargo, Starkey and Eversound.

IntriCon offers Biosensors, Electromagnetic Sensors, and Precision Miniature Molding.

IntriCon has made 4 acquisitions, including Ecgrecorder.com, Emerald Medical Services, and Hearing Help Express.

IntriCon has 1 investor. Key investors include Altaris.

Yes. IntriCon was acquired by Altaris in February 2022.

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