ReSound

Ballerup, Denmark Founded: 1869 • Age: 157 yrs
Smart hearing aids are supplied for people with hearing impairments.
Annual revenue $13.7M Latest available
Total funding - 2 rounds
Employees 105 Tracked headcount
Investors 1 Known backers
Products 4 Services tracked
Competitors 10 Brand Intelligence

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
  • Sectors
    Healthcare
  • Phone
    Locked
  • 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
Operational Areas
Healthcare → Health Technology & Digital Health Unlock Sub-Sector Unlock Segment
Healthcare → Healthcare Products & Supplies Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $13.7 M (USD)
    36.56
    as on Mar 31, 2023
  • Net Profit
    $612.99 K (USD)
    395.36
    as on Mar 31, 2023
  • EBITDA
    $821.88 K (USD)
    229.01
    as on Mar 31, 2023
  • Latest Funding Round
    $9.27 M (USD), Grant

    Oct 15, 2020

  • Investors
  • 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.

Product name locked
Category locked
Primary

Advanced hearing aids designed for noisy environments effectively.

Product name locked
Category locked
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Hearing aids optimized for noise and surrounding sounds.

Product name locked
Category locked
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Essential hearing aids for everyday sound clarity provided.

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Hearing aids for severe hearing loss with comfort.

People of ReSound

Headcount 5000-10000
Employee Profiles 426
Board Members and Advisors 10
Employee Profiles
People
Lars Skjærlund
Senior Devops Engineer
People
Jimmi Marquart
Digital IC Designer
People
Anca Modoran
Senior Manager, Insights & Infrastructure | Global Customer Experience
People
Peter Aksel Villadsen
Senior Vice President, Global Alliances, Ventures & Corporate Affairs

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Board Members and Advisors
people
Kim Vejlby Hansen
Board Member
people
Jørgen Bundgaard Hansen
Board Member
people
Leo Larsen
Employee Representative
people
Per Wold-Olsen
Chairman

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Funding Insights of ReSound

Investors in ReSound

ReSound has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include European Union.

All
Institutional
Investor Description Founded Year Domain Location
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Investor details for ReSound

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  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

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Investments & Acquisitions by ReSound

ReSound has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Audigy.

Investments
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Investment portfolio details for ReSound

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  • Transaction dates
  • Round details
  • Investment values

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Provider of advertising, SMM, website design, and other services
Locked Locked 2004 Locked
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Complete acquisition details for ReSound

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  • Domains and locations

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Financial Statements - ReSound

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Detailed financials for ReSound

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Resound Comparisons

ReSound Primary company
Description
Smart hearing aids are supplied for people with hearing impa...
Location
Ballerup, Denmark
Founded Year
1869
Annual Revenue
$13.7 M (USD)
Net Profit
$612.99 K (USD)
EBITDA
$821.88 K (USD)
Employees
105
As of 2024
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Peer comparison for ReSound

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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  • Headcount comparison
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  • Operating benchmarks

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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.

Company Name Domain Founded year HQ Location Description
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Personal sound amplifying products are provided for hearing enhancement.
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Hearing aids, cochlear implants, and wireless systems are developed online.
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Hearing aids and accessories are manufactured, distributed, and retailed.
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Developer and manufacturer of hearing aids
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Developer and manufacturer of hearing aids
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Detailed competitors of ReSound

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  • Full company profiles
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Latest news on Resound

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Complete news archive for ReSound

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  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about ReSound

ReSound was founded in 1869 and raised its 1st funding round 146 years after it was founded.

ReSound is headquartered in Ballerup, Denmark.

As of Apr 07, 2024, the latest employee count at ReSound is 105.

Annual revenue of ReSound is $13.7M as on Mar 31, 2023.

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.

ReSound's top competitors include Eargo, Widex and Oticon.

ReSound offers ReSound Nexia, ReSound OMNIA, ReSound Key, and ReSound ENZO Q.

ReSound has made 1 acquisition, including Audigy.

ReSound has 1 investor. Key investors include European Union.

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