About Widex
Widex is a company based in Copenhagen (Denmark) founded in 1956.. Widex has raised $5.38 million across 3 funding rounds from investors including European Union. Widex operates in a competitive market with competitors including ReSound, Olive Union, Phonak, Amplifon and Oticon, among others.
- Headquarter Copenhagen, Denmark
-
Sectors
HealthcareTechnology
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Widex A/S
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$5.38 M (USD)
in 3 rounds
-
Latest Funding Round
$337.31 K (USD), Grant
Nov 01, 2017
- Investors
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Unlock access to complete
Sales and Marketing
24 people
Product Management Team
8 people
Leadership Team
6 people
Software Development Team
5 people
Human Resources and Administration
3 people
Chairman Team
1 people
Coordinator Team
1 people
Responsable Team
1 people
Unlock access to complete
Funding Insights of Widex
Widex has successfully raised a total of $5.38M across 3 strategic funding rounds. The most recent funding activity was a Grant round of $337.31 thousand completed in November 2017. 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 Funding
- Total Rounds 3
- Last Round Grant — $337,310
-
First Round
First Round
(06 Oct 1995)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2017 | Amount | Grant - Widex | Valuation |
investors |
|
| Jan, 2017 | Amount | Grant - Widex | Valuation |
investors |
|
| Oct, 1995 | Amount | Series A - Widex | Valuation |
investors |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Widex
Widex 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 |
|---|---|---|---|---|
|
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Widex
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Widex
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Widex Comparisons
Competitors of Widex
Widex 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 Oticon, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Smart hearing aids are supplied for people with hearing impairments.
|
|
| domain | founded_year | HQ Location |
Personal sound amplifying products are provided for hearing enhancement.
|
|
| domain | founded_year | HQ Location |
Hearing aids, cochlear implants, and wireless systems are developed online.
|
|
| domain | founded_year | HQ Location |
Hearing aids and accessories are manufactured, distributed, and retailed.
|
|
| domain | founded_year | HQ Location |
Developer and manufacturer of hearing aids
|
|
| domain | founded_year | HQ Location |
Developer and manufacturer of hearing aids
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Widex
Frequently Asked Questions about Widex
When was Widex founded?
Widex was founded in 1956 and raised its 1st funding round 39 years after it was founded.
Where is Widex located?
Widex is headquartered in Copenhagen, Denmark.
Who is the current CEO of Widex?
Eric Bernard is the current CEO of Widex.
Is Widex a funded company?
Widex is a funded company, having raised a total of $5.38M across 3 funding rounds to date. The company's 1st funding round was a Series A of $5.38M, raised on Oct 06, 1995.
What does Widex do?
Widex was founded in 1956 in Copenhagen, Denmark, as a medical device company focused on hearing solutions. Devices such as behind-the-ear, receiver-in-canal, and receiver-in-the-ear models are manufactured and commercialized. These products, including aids for single-sided deafness and high-power options, are distributed in over 100 countries, including the UK, Ireland, Australia, USA, and India. Accessories like remote controls, batteries, and drying stations are also provided.
Who are Widex's investors?
Widex has 1 investor. Key investors include European Union.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.