Audicus - About the company
Audicus is a series A company based in Hoboken (United States), founded in 2011 by Patrick Freuler. It operates as an Online platform offering hearing Aids. Audicus has raised $8.51M in funding, with a current valuation of $*****. The company has 223 active competitors, including 33 funded and 16 that have exited. Its top competitors include companies like Eargo, Starkey and Amplifon.
Company Details
Online platform offering hearing Aids. It is an online hearing aid provider offering clinical-grade, customizable hearing aids with audiology support.
- Website
- audicus.com
Key Metrics
Founded Year
2011
Location
Hoboken, United States
Stage
Series A
Total Funding
$8.51M in 5 rounds
Latest Funding Round
Post Money Valuation
$***** as on Apr 26, 2024
Investors
Ranked
14th among 223 active competitors
Annual Revenue
$10M - $50M as on Dec 31, 2023
Employee Count
77 as on Aug 31, 2026
Legal entities associated with Audicus
Audicus is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
Audicus, Inc. CIN: 0001606258 , United States, Active | $10M - $50M (As on Dec 31, 2023) | 63 (As on Apr 26, 2024) | - | |
AUDICUS, INC. CIN: 4335607 , United States, Active | Dec 20, 2012 | - | - | - |
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Audicus's funding and investors
Audicus has raised a total funding of $8.51M over 5 rounds. Its first funding round was on Oct 13, 2013. Audicus has 6 institutional investors.
Here is the list of recent funding rounds of Audicus:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Aug 28, 2024 | 2390134 | Series A | 6778513 | 2493040 | 5931317 | 6192556 |
Nov 27, 2023 | 9119312 | Series A | 4270418 | 6435961 | 1857474 | 7361779 |
Feb 13, 2017 | 7404497 | Series A | 1836401 | 4170585 | 1491978 | 4786184 |
View details of Audicus's funding rounds and investors
Audicus' founders and board of directors
Founder? Claim ProfileThe founders of Audicus is Patrick Freuler. Patrick Freuler is the CEO of Audicus.
Here are the details of Audicus' key team members:
- Patrick Freuler: Founder & CEO of Audicus. Contact Info: 1 email address
View details of Audicus's Founder profiles and Board Members
Audicus' employee count trend
Audicus has 77 employees as of Aug 26. Here is Audicus's employee count trend over the years:
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Audicus's Competitors and alternates
Top competitors of Audicus include Eargo, Starkey and Amplifon. Here is the list of Top 10 competitors of Audicus, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Eargo 2010, San Jose (United States), Series E | Provider of hearing aids for people with hearing disabilities | $217M | 70/100 | |
2nd | Starkey 1967, Eden Prairie (United States), Funding Raised | Developer and manufacturer of hearing aids | - | 63/100 | |
3rd | Online platform offering hearing aids and hearing solutions | - | 63/100 | ||
4th | Manufacturer of hearing aids and accessories designed to improve hearing | $5.38M | 61/100 | ||
5th | Manufacturer of hearing aids and related accessories | - | - | 59/100 | |
6th | Developer and manufacturer of hearing aids | - | 59/100 | ||
7th | Beltone 1940, Connersville (United States), Unfunded | Manufacturer of hearing aids | - | - | 57/100 |
8th | Provider of smart hearing solutions for hearing loss patients | $1.29M | 56/100 | ||
9th | Jabra Enhance 2018, Bloomington (United States), Acquired | Online platform offering Bluetooth-enabled hearing aid solutions | $16M | 56/100 | |
10th | Eversound 2015, Boston (United States), Acquired | Provider of wireless headphone system designed for senior citizens with hearing loss | $13M | 55/100 | |
14th | Audicus 2011, Hoboken (United States), Series A | Online platform offering hearing Aids | $8.51M | 52/100 |
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Audicus's Investments and acquisitions
Audicus has made no investments or acquisitions yet.
Reports related to Audicus
Here is the latest report on Audicus's sector:
News related to Audicus
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Audicus has filed a notice of an exempt offering of securities to raise $7 Million in New Debt Financing.intelligence360•Sep 17, 2024•Audicus
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