When was Oticon founded?

Oticon was founded in 1904 and raised its 1st funding round 111 years after it was founded.

Where is Oticon located?

Oticon is headquartered in Copenhagen, Denmark.

How many employees does Oticon have?

As of Aug 31, 2026, the latest employee count at Oticon is 784.

Is Oticon a funded company?

Oticon is a funded company, having raised an undisclosed amount across 8 funding rounds to date. The company's 1st funding round was a $***** Grant (prize money) round, raised on Jan 01, 2015.

When was the latest funding round of Oticon?

Oticon's latest funding was a $***** Grant (prize money) round on Jan 01, 2021, with participation from 1 investor.

Where does Oticon rank among its competitors?

Oticon ranks 5th amongst 233 active competitors, of which 34 are funded. It stands 9th in terms of total funding among its competitors. The most recent competitor to raise funding was earKART, which secured $112K in Oct, 2023.

Who are the top competitors of Oticon?

Oticon's top competitors include Eargo, Starkey and Amplifon. Among them, earKART secured the most recent funding round in October, 2023.

Oticon - 2026 Company Profile, Team, Funding & Competitors

Oticon is a funded company based in Copenhagen (Denmark), founded in 1904 by Hans Demant. It operates as a Developer and manufacturer of hearing aids. Oticon has raised an undisclosed amount in funding. The company has 233 active competitors, including 34 funded and 16 that have exited. Its top competitors include companies like Eargo, Starkey and Amplifon.

Company Details

Developer and manufacturer of hearing aids. The company provides audiovisual equipment for hearing support and hearing accessories. The company manufactures IIC and CIC (completely-in-the-canal) hearing aids which are connected to a smartphone app, ConnectLine. The app helps the user to make phone calls, have video chats, listen to music or watch TV, and stay in touch with loved ones from a distance.

Website: oticon.com
Social
Part Of

Key Metrics

Founded Year

1904

Location

Copenhagen, Denmark

Stage

Funding Raised

Latest Funding Round

Grant (prize money), Jan 01, 2021, $*****

Investors

Europa

Ranked

5^th among 233 active competitors

Employee Count

784 as on Aug 31, 2026

Similar Companies

Eargo & 299 more

View Oticon's full profile

Oticon is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Oticon A/s CIN: 42334219 , Denmark, Active	Dec 29, 1957	-	-

Oticon has raised funding over 8 rounds. Its first funding round was on Jan 01, 2015. Its latest funding round was a Grant (prize money) round on Jan 01, 2021 for $*****. 1 investor participated in its latest round. Oticon has 1 institutional investor.

Here is the list of recent funding rounds of Oticon:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jan 01, 2021	1161601	Grant (prize money)	6528186	2438070	2315557	3817792
Dec 04, 2020	8580103	Grant (prize money)	3848214	7321729	3522310	Europa
Sep 01, 2020	7791485	Grant (prize money)	5214447	3508486	2918534	Europa

Access funding benchmarks and valuations. Sign up today!

View details of Oticon's funding rounds and investors

The founders of Oticon is Hans Demant.

Here are the details of Oticon's key team members:

Hans Demant: Founder of Oticon and founder of 1 other company.

View details of Oticon's Founder profiles and Board Members

Oticon's employee count trend

Oticon has 784 employees as of Aug 26. Here is Oticon's employee count trend over the years:

Uncover Oticon's growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of Oticon include Eargo, Starkey and Amplifon. Here is the list of Top 10 competitors of Oticon, ranked by Tracxn score:

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	Maveron, Gilde Healthcare & 13 others	70/100
2nd	Starkey 1967, Eden Prairie (United States), Funding Raised	Developer and manufacturer of hearing aids	-	Marquette Capital Partners, Dymedix	63/100
3rd	Amplifon 1949, Milan (Italy), Public	Online platform offering hearing aids and hearing solutions	-	Tamburi Investment Partners, Itaca Equity	63/100
4th	Widex 1956, Copenhagen (Denmark), Series A	Manufacturer of hearing aids and accessories designed to improve hearing	$5.38M	Europa, Auris Luxembourg	61/100
5th	Oticon 1904, Copenhagen (Denmark), Funding Raised	Developer and manufacturer of hearing aids	-	Europa	59/100
7th	Beltone 1940, Connersville (United States), Unfunded	Manufacturer of hearing aids	-	-	57/100
8th	earKART 2021, Noida (India), Public	Provider of smart hearing solutions for hearing loss patients	$1.29M	Z21 Ventures, Agility Ventures & 39 others	56/100
9th	Jabra Enhance 2018, Bloomington (United States), Acquired	Online platform offering Bluetooth-enabled hearing aid solutions	$16M	Declaration Capital, Redesign Health	56/100
10th	Eversound 2015, Boston (United States), Acquired	Provider of wireless headphone system designed for senior citizens with hearing loss	$13M	Hudson River Capital Partners, 10x Venture Partners ... & 4 others	55/100