Analysis of hearX Group
hearX Group is an award-winning digital hearing health solutions company founded in 2015, based in South Africa. The company focuses on making healthy hearing accessible to everyone, everywhere. With two divisions, the B2B side offers clinical hearing health solutions for professionals, while the B2C side offers medical-grade hearing aids at a significantly reduced cost compared to traditional options.
By leveraging smart tech, artificial intelligence, and big data, hearX Group has developed a suite of smart digital solutions to detect, diagnose, and treat hearing loss globally. Their innovative approach has enabled them to reach 191 countries and impact over 2 million people worldwide in just 8 years since their inception.
The most recent milestone for hearX Group was a $8.30M Series A investment on 02 February 2021. The funding was secured from prominent investors including Bose Ventures, Futuregrowth Asset Management, Sphere Capital Holdings, and HAVAÍC. This investment signifies confidence in the company's vision and its potential to further disrupt the healthcare industry with its innovative solutions.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Series A | $8.30M | 4 | Sphere Capital Holdings, HAVAÍC | 02 Feb 2021 |
Series A | $6.00M | 1 | 27 Nov 2019 | |
Seed Round | $750.00K | - | 04 Nov 2018 | |
Seed Round | $2.20M | - | 25 Jul 2017 | |
Grant | $500.00K | - | 25 Jul 2017 |
No recent news or press coverage available for hearX Group.