About Oticon
Oticon is a Healthcare company based in Copenhagen (Denmark) founded in 1904. Developer and manufacturer of hearing aids. It operates in the Healthcare and Technology sectors. Its website oticon.com draws about 87 thousand monthly visits. Oticon offers products and services including Oticon Intent, Oticon Own SI, and Oticon Companion App. Its focus areas include High Tech, Wearable Technology, Health and Wellness Devices and Ear Care. Its legal entity is OTICON A/S. Its competitors include ReSound and Widex; 1 of its 2 listed competitors has raised funding.
Company details
Oticon was founded in 1904 in Copenhagen, Denmark, as a medical device company focused on the hearing sector. Hearing solutions are developed, manufactured, and commercialized, including audiovisual equipment for support and various accessories. Completely-in-the-canal hearing aids, such as IIC and CIC models, are produced and integrated with the ConnectLine smartphone app. This app facilitates phone calls, video chats, music playback, TV streaming, and distant communication for users.
- Latest Funding Round$364.87K (USD), Grant
Jan 2021
- Investors
Products & Services of Oticon
Oticon offers a comprehensive portfolio of products and services, including Oticon Intent, Oticon Own SI, and Oticon Companion App.
Hearing aid with user-intent sensors for better sound processing
Discreet, custom-made solutions for individual hearing needs
App providing tips and connectivity for hearing aid users
Apps and channels of Oticon
its YouTube channel Oticon USA, Inc. has 61 subscribers and 30 videos.
Videos from Oticon
The most watched videos on Oticon's YouTube channel, Oticon USA, Inc. (61 subscribers). Click a video to play it here.
More on Oticon USA, Inc..
Funding Insights of Oticon
- Total Rounds 8
- Last Round Grant — $364,872
- First Round $809,936
(Jan 2015)
- Investors Count 1
All 8 funding rounds of Oticon with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2021 | $364,872 | Grant | – | – | |
| Dec 2020 | $9.77M | Grant | – | – | |
| Sep 2020 | $140,097 | Grant | – | – | |
| Feb 2020 | $693,216 | Grant | – | – | |
| Dec 2017 | $690,117 | Grant | – | – | |
| Nov 2017 | $337,310 | Grant | – | – | |
| Nov 2016 | $879,848 | Grant | – | – | |
| Jan 2015 | $809,936 | Grant | – | – |
1 investors in total: 1 institutional.
Investors in Oticon
Oticon has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include European Union.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium |
Investor details for Oticon
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People of Oticon
99 people are tracked at Oticon (16 in leadership, 83 in team).
| Name | Role | Group |
|---|---|---|
Janne Stang | General Manager | Leadership |
Antonie Wiegelmann | Director, Head Of Marketing, PR And Product-management | Leadership |
Kenneth Ernst | Senior Director, Inmarket Product Support | Leadership |
Mike Marcinek | Vice President General Manager, Government Services And Pediatrics | Leadership |
Jim Kelly | VP & General Manager, Oticon Independent Sales | Leadership |
Greg Forney | Associate Director, Customer Service | Leadership |
Jesse Shultis | Vice President, Customer Experience | Leadership |
Hitesh Shah | Vice President-sales | Leadership |
Charlotte Elm Kjeldsen | Art Director | Leadership |
Thomas Hilfling | Manager & Digital Art Director | Leadership |
Stephanie Loder | Regional Director - Ontario/atlantic | Leadership |
Andrea Bull | Sales Director - Western Canada | Leadership |
Erling Engelbrecht Thomsen | Head Of Fitting Software Development | Leadership |
Kelvin Holm Rasmussen | Senior Director, Connectivity And Embedded Software | Leadership |
Rob Zimmer | Director, Commercial Excellence | Leadership |
Natalie Monroy Korstgård | Director, Oticon Brand Management | Leadership |
Ann Rabinovitz | Business Development Manager | Team |
Stig Køhler | Scrum Master | Team |
Andrea Luigi Bertolini | Sales Manager | Team |
Torben Jacobsen | Sr. Tool Developer | Team |
79 more people are available in the full profile.
Complete people profiles for Oticon
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of Oticon
3 dated milestones of Oticon across 117 years, from founding to its latest funding, stage changes and deals.
- Founded Oticon is founded.
- Funding First funding round of $810K.
- Funding Latest funding round, Grant, of $365K.
Competitors of Oticon
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| resound.com | 1869 | Ballerup, Denmark | 109 | Smart hearing aids are supplied for people with hearing impairments. | ||
| widex.com | 1956 | Copenhagen, Denmark | $5.38M | 281 | Hearing aids are developed for unique conditions with enhanced amplification. |
Detailed competitors of Oticon
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Web traffic of Oticon
The website of Oticon (oticon.com) receives about 87.2K visits a month.
- Monthly visits87.2K
▼ 0.7% vs previous month
Websites whose visitors overlap most with Oticon. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| phonak.com | 100% | 969.8K | #55,526 | View details | |
| starkey.com | 94% | 196.7K | #175,368 | View details | |
| ziphearing.com | 92% | #660,791 | View details | ||
| widex.com | 85% | 200.2K | #205,970 | View details | |
hearingtracker.com | hearingtracker.com | 79% | #127,217 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Oticon
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Related news about Oticon
Complete news archive for Oticon
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Frequently Asked Questions about Oticon
Oticon was founded in 1904 and raised its 1st funding round 111 years after it was founded.
Oticon is headquartered in Copenhagen, Denmark.
Oticon was founded in 1904 in Copenhagen, Denmark, as a medical device company focused on the hearing sector. Hearing solutions are developed, manufactured, and commercialized, including audiovisual equipment for support and various accessories. Completely-in-the-canal hearing aids, such as IIC and CIC models, are produced and integrated with the ConnectLine smartphone app. This app facilitates phone calls, video chats, music playback, TV streaming, and distant communication for users.
Oticon offers Oticon Intent, Oticon Own SI, and Oticon Companion App.
Oticon has 1 investor. Key investors include European Union.
Oticon operates through Oticon A/S.