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Eargo - About the company

Eargo is a public company based in San Jose (United States), founded in 2010 by Florent Michel and Daniel Shen. It operates as a Provider of hearing aids for people with hearing disabilities. Eargo has raised $217M in funding from investors like Maveron, New Enterprise Associates and Longitude Capital. The company has 73 active competitors, including 13 funded and 11 that have exited. Its top competitors include companies like Amplifon, Starkey and Beltone.

Company Details

Eargo provides hearing aids for people with hearing disabilities. It offers a rechargeable hearing aid that completely fits inside the ear. It is made out of Flexi fiber, small pieces of soft, medical-grade silicon which suspend a tiny speaker in the ear. It offers eargo mobile app that allows personalized settings for different listening environments. Its products include eargo neo, eargo max, and many more.
Social
XFacebook
Email ID
*****@eargo.com
Key Metrics
Founded Year
2010
Location
San Jose, United States
Stage
Public
Total Funding
$217M in 7 rounds
Latest Funding Round
Investors
Ranked
Annual Revenue
$10M - $50M as on Dec 31, 2022
Employee Count
115 as on Jun 30, 2026
Similar Companies
Exit Details
Public

Eargo's IPO details

Eargo got listed on Oct 16, 2020.
Click here to take a look at Eargo's IPO in detail
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Eargo's funding and investors

Eargo has raised a total funding of $217M over 7 rounds. Its first funding round was on 2013. Its latest funding round was a Post IPO round on Jun 27, 2022 for $*****. 1 investor participated in its latest round. Eargo has 15 institutional investors.

Here is the list of recent funding rounds of Eargo:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jun 27, 2022
7553580
Post IPO
9058793
3615223
9900453
8371413
Sep 01, 2020
9576205
Series E
4356459
6086659
7962026
Jan 02, 2019
1232471
Series D
8505517
3467821
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Eargo's founders and board of directors

Founder? Claim Profile
The founders of Eargo are Florent Michel and Daniel Shen.
Here are the details of Eargo's key team members:

Eargo's Board of Directors

Eargo's board has 12 active members. David Wu, Geoff Pardo, Josh Makower, Tak Cheung, Juliet Bakker, Peter Bisgaard, Peter Biisgard, Peter Tuxen Bisgaard, Adam Laponis, Christian Gormsen, William Brownie and Raphael Michel are independent board members.
Here is the list of Eargo's board of directors:
Name
Type
Representing
Status
Duration
Independent board member
-
Current
8y 8m
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Independent board member
-
Current
2y 2m
leevsys
Independent board member
-
Current
7y 4m
jqcitrp
Independent board member
-
Current
9y 7m
cawmhmj
Independent board member
-
Current
8y 2m
jywbelr
Independent board member
-
Current
8y 2m
kwxfiwb
Independent board member
-
Current
2y 7m
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Independent board member
-
Current
6y 6m
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Independent board member
-
Current
2y 3m
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Independent board member
-
Current
7y 2m
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Independent board member
-
Current
1y 8m
jprlkfq
Independent board member
-
Current
8y 3m

Eargo's employee count trend

Eargo has 115 employees as of Jun 26. Here is Eargo's employee count trend over the years:
Employee count trend for Eargo
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Eargo's Competitors and alternates

Top competitors of Eargo include Amplifon, Starkey and Beltone. Here is the list of Top 10 competitors of Eargo, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Eargo
Eargo
2010, San Jose (United States), Public
Provider of hearing aids for people with hearing disabilities
$217M
72/100
2nd
Logo for Amplifon
Amplifon
1949, Milan (Italy), Public
Online platform offering hearing aids and hearing solutions
-
66/100
3rd
Logo for Starkey
Starkey
1967, Eden Prairie (United States), Funding Raised
Developer and manufacturer of hearing aids
-
64/100
4th
Logo for Beltone
Beltone
1940, Connersville (United States), Unfunded
Manufacturer of hearing aids
-
-
57/100
5th
Logo for Jabra Enhance
Jabra Enhance
2018, Bloomington (United States), Acquired
Online platform offering Bluetooth-enabled hearing aid solutions
$16M
56/100
6th
Logo for Eversound
Eversound
2015, Boston (United States), Acquired
Provider of wireless headphone system designed for senior citizens with hearing loss
$13M
55/100
7th
Logo for Audicus
Audicus
2011, Hoboken (United States), Series A
Online platform offering hearing Aids
$8.51M
52/100
8th
Logo for Envoy Medical
Envoy Medical
1995, White Bear Lake (United States), Public
Developer of implanted devices for people suffering from hearing loss
$12.5M
52/100
9th
Logo for Sonic
Sonic
1996, Somerset (United States), Public
Manufacturer of hearing-aid and related audio equipment
-
48/100
10th
Logo for Whisper
Whisper
2017, San Francisco (United States), Series B
Advanced speech recognition and transcription model powered by artificial intelligence
$53M
48/100
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Eargo's Investments and acquisitions

Eargo has made no investments or acquisitions yet.

Reports related to Eargo

Here is the latest report on Eargo's sector:

News related to Eargo

lockFilter this list
Media has covered Eargo for 1 event in last 1 year, It was about company updates.
Eargo Launches Eargo 8 Hearing AidCerebralMay 18, 2025Eargo
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