About Oticon
Oticon is a company based in Copenhagen (Denmark) founded in 1904.. Oticon offers products and services including Oticon Intent, Oticon Own SI, and Oticon Companion App. Oticon operates in a competitive market with competitors including ReSound, Olive Union, Phonak, Amplifon and Starkey, among others.
- Headquarter Copenhagen, Denmark
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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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- Legal Name Oticon A/S
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$364.87 K (USD), Grant
Jan 01, 2021
- Investors
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Employee Count
Employee Count
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Products & Services of Oticon
Oticon offers a comprehensive portfolio of products and services, including Oticon Intent, Oticon Own SI, and Oticon Companion App. 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.
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
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Funding Insights of Oticon
- Total Funding Total Funding
- Total Rounds 8
- Last Round Grant — $364,872
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First Round
First Round
(01 Jan 2015)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jan, 2021 | Amount | Grant - Oticon | Valuation |
investors |
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| Dec, 2020 | Amount | Grant - Oticon | Valuation |
investors |
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| Sep, 2020 | Amount | Grant - Oticon | Valuation |
investors |
| 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 Oticon
Oticon has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include European Union. 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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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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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 Oticon
| 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 |
Financial Statements - Oticon
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Oticon Comparisons
Competitors of Oticon
Oticon 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 Starkey, 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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| 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 Oticon
Frequently Asked Questions about Oticon
When was Oticon founded?
Oticon was founded in 1904 and raised its 1st funding round 111 years after it was founded.
Where is Oticon located?
Oticon is headquartered in Copenhagen, Denmark.
What does Oticon do?
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.
What products or services does Oticon offer?
Oticon offers Oticon Intent, Oticon Own SI, and Oticon Companion App.
Who are Oticon's investors?
Oticon has 1 investor. Key investors include European Union.