Otokinetics

Salt Lake City, United States Founded: 2009 • Age: 17 yrs
Cochlear Implant
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About Otokinetics

Otokinetics is a company based in Salt Lake City (United States) founded in 2009.. Otokinetics has raised $2.11 million across 3 funding rounds. Otokinetics operates in a competitive market with competitors including Olive Union, Phonak, Amplifon, Oticon and Starkey, among others.

  • Headquarter Salt Lake City, United States
  • Sectors
    Technology
    Healthcare
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Technology → Extended, Virtual & Augmented Reality → →
Healthcare → Healthcare Products & Supplies → →
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $2.11 M (USD)

    in 3 rounds

  • Latest Funding Round
    $490 K (USD), Debt – Conventional

    May 31, 2013

  • Investors
  • Employee Count
    Employee Count
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Funding Insights of Otokinetics

Otokinetics has successfully raised a total of $2.11M across 3 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $490 thousand completed in May 2013. 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 3
  • Last Round Debt – Conventional — $490,000
  • First Round

    (14 Oct 2009)

  • Investors Count
Date Amount Transaction Name Valuation Lead Investors Investors
May, 2013 Amount Debt – Conventional - Otokinetics Valuation

investors
Jun, 2011 Amount Seed - Otokinetics Valuation

investors
Oct, 2009 Amount Seed - Otokinetics Valuation

investors
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners

Investments & Acquisitions by Otokinetics

Investments
Company Name Description Domain Location Founded Year Amount
Bento Cloud
Bionic investment advisor platform
2016
48East
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
GrabKios by Kudo
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
48East
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Otokinetics

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
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners

Otokinetics Comparisons

Employees
+
Add Comparison
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Competitors of Otokinetics

Otokinetics 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 Olive Union, Phonak, Amplifon, Oticon 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
Olive Union
domain founded_year HQ Location
Personal sound amplifying products are provided for hearing enhancement.
Phonak
domain founded_year HQ Location
Hearing aids, cochlear implants, and wireless systems are developed online.
Amplifon
domain founded_year HQ Location
Hearing aids and accessories are manufactured, distributed, and retailed.
Oticon
domain founded_year HQ Location
Developer and manufacturer of hearing aids
Starkey
domain founded_year HQ Location
Developer and manufacturer of hearing aids
Advanced Bionics
domain founded_year HQ Location
Provider of advanced cochlear implants and hearing technology for powerful connections
Company Name Domain Founded year HQ Location Description
inDrive
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
Bolt
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
Gojek
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
Dunzo
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Otokinetics

Frequently Asked Questions about Otokinetics

When was Otokinetics founded?

Otokinetics was founded in 2009.

Where is Otokinetics located?

Otokinetics is headquartered in Salt Lake City, United States. It is registered at Salt Lake City, Utah, United States.

Is Otokinetics a funded company?

Otokinetics is a funded company, having raised a total of $2.11M across 3 funding rounds to date. The company's 1st funding round was a Seed of $1.5M, raised on Oct 14, 2009.

What does Otokinetics do?

Otokinetics was founded in 2009 in Salt Lake City, United States, within the medical devices sector focused on auditory health. The company is engaged in developing the Krescendo, a tiny titanium implantable hearing aid. A piezoelectric micro-actuator is surgically placed in the cochlea wall to generate sound waves in the cochlear fluid, simulating natural stapes motion. Market availability has not been achieved as of May 2016.

Who are the top competitors of Otokinetics?

Otokinetics's top competitors include Eargo, Advanced Bionics and Widex.

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