About ReSound
ReSound is a company based in Ballerup (Denmark) founded in 1869. It operates as a Direct-to-Consumer (D2C), and Reseller / Distribution. The company has 105 employees as of April 07, 2024. ReSound has completed 1 acquisition, including Audigy. ReSound offers products and services including ReSound Nexia, ReSound OMNIA, ReSound Key, and ReSound ENZO Q. ReSound operates in a competitive market with competitors including Olive Union, Phonak, Amplifon, Oticon and Starkey, among others.
- Headquarter Ballerup, Denmark
- Employees 105 as on 07 Apr, 2024
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Sectors
Healthcare
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Phone
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Website
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Social
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- Legal Name Gn Hearing India Private Limited
- Date of Incorporation 25 Jul, 2005
- Jurisdiction Thane, Maharashtra, India
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Annual Revenue
$13.7 M (USD)36.56as on Mar 31, 2023
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Net Profit
$612.99 K (USD)395.36as on Mar 31, 2023
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EBITDA
$821.88 K (USD)229.01as on Mar 31, 2023
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Latest Funding Round
$9.27 M (USD), Grant
Oct 15, 2020
- Investors
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Employee Count
105
as on Apr 07, 2024
- Investments & Acquisitions
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Products & Services of ReSound
ReSound offers a comprehensive portfolio of products and services, including ReSound Nexia, ReSound OMNIA, ReSound Key, and ReSound ENZO Q. 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.
Advanced hearing aids designed for noisy environments effectively.
Hearing aids optimized for noise and surrounding sounds.
Essential hearing aids for everyday sound clarity provided.
Hearing aids for severe hearing loss with comfort.
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Software Development Team
113 people
Leadership Team
44 people
Product Management Team
33 people
Senior Team
32 people
Finance and Accounting
30 people
Sales and Marketing
27 people
Human Resources and Administration
23 people
Head Team
21 people
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Funding Insights of ReSound
- Total Funding Total Funding
- Total Rounds 2
- Last Round Grant — $9.3M
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First Round
First Round
(01 May 2015)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Oct, 2020 | Amount | Grant - ReSound | Valuation |
investors |
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| May, 2015 | Amount | Grant - ReSound | Valuation |
investors |
| 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 |
Investors in ReSound
ReSound 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 |
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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 ReSound
ReSound has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Audigy. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Provider of advertising, SMM, website design, and other services
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2004 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - ReSound
| 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 |
Resound Comparisons
Competitors of ReSound
ReSound 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 |
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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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| 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 Resound
Frequently Asked Questions about ReSound
When was ReSound founded?
ReSound was founded in 1869 and raised its 1st funding round 146 years after it was founded.
Where is ReSound located?
ReSound is headquartered in Ballerup, Denmark.
How many employees does ReSound have?
As of Apr 07, 2024, the latest employee count at ReSound is 105.
What is the annual revenue of ReSound?
Annual revenue of ReSound is $13.7M as on Mar 31, 2023.
What does ReSound do?
ReSound, operated by GN Hearing, is focused on the development and distribution of advanced digital hearing aids. Solutions are provided for various hearing loss conditions, including age-related and severe hearing impairments, as well as tinnitus. Products such as ReSound Nexia, OMNIA, Key, and ENZO Q are designed to enhance hearing in noisy environments and improve overall sound quality. The company serves a global market with a presence in multiple countries, ensuring accessibility through a network of hearing care professionals and distributors. Emphasis is placed on intuitive technology and personalized sound experiences to improve users quality of life.
What products or services does ReSound offer?
ReSound offers ReSound Nexia, ReSound OMNIA, ReSound Key, and ReSound ENZO Q.
How many acquisitions has ReSound made?
ReSound has made 1 acquisition, including Audigy.
Who are ReSound's investors?
ReSound has 1 investor. Key investors include European Union.
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