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.
- Website
- www.eargo.com/
- 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
Ranked
1st among 73 active competitors
Annual Revenue
$10M - $50M as on Dec 31, 2022
Employee Count
115 as on Jun 30, 2026
Exit Details
Public
Legal entities associated with Eargo
Eargo is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
EARGO, INC CIN: 273879804 , United States, Active | Dec 31, 1999 | - | 162 (As on Dec 31, 2024) | - |
Eargo, Inc. CIN: 1719395 , United States, Active | Oct 15, 2017 | $10M - $50M (As on Dec 31, 2022) | - | - |
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:
Filter 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 |
View details of Eargo's funding rounds and investors
Eargo's founders and board of directors
Founder? Claim ProfileThe founders of Eargo are Florent Michel and Daniel Shen.
Here are the details of Eargo's key team members:
- Florent Michel: Co-Founder of Eargo. Contact Info: 1 email address
- Daniel Shen: Former Co-Founder of Eargo.
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 | |
ggzo{dn | 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 |
oqgbdqj | Independent board member | - | Current | 6y 6m |
uqkpezj | Independent board member | - | Current | 2y 3m |
wcbofxg | Independent board member | - | Current | 7y 2m |
ifodh{k | Independent board member | - | Current | 1y 8m |
jprlkfq | Independent board member | - | Current | 8y 3m |
View details of Eargo's Founder profiles and Board Members
Eargo's employee count trend
Eargo has 115 employees as of Jun 26. Here is Eargo's employee count trend over the years:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Eargo 2010, San Jose (United States), Public | Provider of hearing aids for people with hearing disabilities | $217M | 72/100 | |
2nd | Online platform offering hearing aids and hearing solutions | - | 66/100 | ||
3rd | Starkey 1967, Eden Prairie (United States), Funding Raised | Developer and manufacturer of hearing aids | - | 64/100 | |
4th | Beltone 1940, Connersville (United States), Unfunded | Manufacturer of hearing aids | - | - | 57/100 |
5th | Jabra Enhance 2018, Bloomington (United States), Acquired | Online platform offering Bluetooth-enabled hearing aid solutions | $16M | 56/100 | |
6th | Eversound 2015, Boston (United States), Acquired | Provider of wireless headphone system designed for senior citizens with hearing loss | $13M | 55/100 | |
7th | Audicus 2011, Hoboken (United States), Series A | Online platform offering hearing Aids | $8.51M | 52/100 | |
8th | Envoy Medical 1995, White Bear Lake (United States), Public | Developer of implanted devices for people suffering from hearing loss | $12.5M | 52/100 | |
9th | Sonic 1996, Somerset (United States), Public | Manufacturer of hearing-aid and related audio equipment | - | 48/100 | |
10th | Whisper 2017, San Francisco (United States), Series B | Advanced speech recognition and transcription model powered by artificial intelligence | $53M | 48/100 |
Looking for more details on Eargo's competitors? Click here to see the top ones
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
Media has covered Eargo for 1 event in last 1 year, It was about company updates.
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Nigeria lags behind in startup funding after four-year dominanceCondia•Sep 16, 2025•hearX Group, Eargo
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South Africa's hearX merges with Eargo to tackle global hearing loss with $100m boostTechpoint.Africa•Apr 02, 2025•Heard, Eargo
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Eargo and hearX Close Merger, Announce New Combined Company, LXE HearingPR Newswire•Mar 31, 2025•Eargo, hearX Group
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The M&A Class Action Firm Continues Investigating the Merger – HA, KRTX, EAR, ICVXGlobeNewswire•Jan 10, 2024•Monteverde, Hawaiian Airlines, Karuna Therapeutics, Eargo and 1 other
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Halper Sadeh LLC Investigates JNPR, ROVR, ESMT, EARPR Newswire•Jan 10, 2024•Halper Sadeh, Juniper Networks, Rover Metals, Eargo and 1 other
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Juan Monteverde Encourages the Shareholders of CPE, FGH, EAR, BVH to Take ActionGlobeNewswire•Jan 05, 2024•Monteverde, Callon, FG Group Holdings, Eargo and 1 other
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Twist Bioscience Appoints Adam Laponis as Chief Financial OfficerBusiness Wire•Jan 05, 2024•Twist Bioscience, Eargo
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The M&A Class Action Firm Continues Investigating the Merger - CERE, WAVD, ICVX, EARPR Newswire•Dec 28, 2023•Monteverde, Cerevel Therapeutics, WaveDancer, Icosavax and 1 other
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