Jabra Enhance

Bloomington, United States Founded: 2018 • Age: 8 yrs Acquired By GN Group
Bluetooth-enabled hearing aids are provided via an online platform.
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About Jabra Enhance

Jabra Enhance is a company based in Bloomington (United States) founded in 2018 by Adam Karp was acquired by GN Group in December 2021.. Jabra Enhance has raised $16 million across 2 funding rounds from investors including GN Group and Declaration Capital. Jabra Enhance offers products and services including Enhance Select 500, Enhance Select 300, and Enhance Select 50R. Jabra Enhance operates in a competitive market with competitors including Eversound, Lucid Hearing, Backyard Creators, KOJ HEARING RESEARCH CENTER and Neural Ear, among others.

  • Headquarter Bloomington, United States
  • Founders Adam Karp
  • Sectors
    Healthcare
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Healthcare → Health Technology & Digital Health
Healthcare → Health Technology & Digital Health
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $16 M (USD)

    in 2 rounds

  • Latest Funding Round
    $16 M (USD), Series A

    Dec 14, 2018

  • Investors
    GN Group

    & 1 more

  • Employee Count
    Employee Count
  • Acquired by
    GN Group

    (Dec 14, 2021)

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Products & Services of Jabra Enhance

Jabra Enhance offers a comprehensive portfolio of products and services, including Enhance Select 500, Enhance Select 300, and Enhance Select 50R. 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.

Primary

Smallest hearing aids with clear sound for complex situations.

Devices for improved hearing in noisy environments.

Aids for quieter settings with basic sound enhancement.

Funding Insights of Jabra Enhance

Jabra Enhance has successfully raised a total of $16M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $16 million completed in December 2018. 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 Rounds 2
  • Last Round Series A — $16.0M
  • First Round
  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Dec, 2018 Amount Debt – Conventional - Jabra Enhance Valuation

investors

Dec, 2018 Amount Series A - Jabra Enhance Valuation Declaration Capital
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Jabra Enhance

Jabra Enhance has secured backing from 2 investors. Prominent investors backing the company include GN Group and Declaration Capital. 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.

All
Investor Description Founded Year Domain Location
-
Founded Year Domain Location
GN Group is engaged in audio technology and hearing solutions.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Jabra Enhance

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Jabra Enhance

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jabra Enhance Comparisons

Employees
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Competitors of Jabra Enhance

Jabra Enhance 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 Eversound, Lucid Hearing, Backyard Creators, KOJ HEARING RESEARCH CENTER and Neural Ear, 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
Wireless headphone systems for seniors with hearing loss are provided.
domain founded_year HQ Location
Offers over-the-counter and prescription hearing aids with free assessments.
domain founded_year HQ Location
Non-invasive bionic ear solutions are developed as hearing aids.
domain founded_year HQ Location
Provides hearing therapy, training, and aids for improved auditory rehabilitation.
domain founded_year HQ Location
AI-powered software reduces background noise and isolates clear speech for users.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Jabra Enhance

Frequently Asked Questions about Jabra Enhance

When was Jabra Enhance founded?

Jabra Enhance was founded in 2018.

Where is Jabra Enhance located?

Jabra Enhance is headquartered in Bloomington, United States. It is registered at Bloomington, Indiana, United States.

Who is the current CEO of Jabra Enhance?

Adam Karp is the current CEO of Jabra Enhance. They have also founded this company.

Is Jabra Enhance a funded company?

Jabra Enhance is a funded company, having raised a total of $16M across 2 funding rounds to date.

What does Jabra Enhance do?

Founded in 2018 and based in Bloomington, United States, Jabra Enhance operates as an online platform in the hearing health sector. Bluetooth-enabled hearing aids are offered, along with an online hearing test developed by audiologists. Devices feature 360-degree sound capture, advanced acoustics, clear conversation enhancement, and noise cancellation for users with hearing impairments. Operations focus on direct-to-consumer delivery of these solutions.

Who are the top competitors of Jabra Enhance?

Jabra Enhance's top competitors include Eversound, Backyard Creators and Lucid Hearing.

What products or services does Jabra Enhance offer?

Jabra Enhance offers Enhance Select 500, Enhance Select 300, and Enhance Select 50R.

Who are Jabra Enhance's investors?

Jabra Enhance has 2 investors. Key investors include GN Group, and Declaration Capital.

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