Widex - About the company
Widex is a series A company based in Copenhagen (Denmark), founded in 1956. It operates as a Manufacturer of hearing aids and accessories designed to improve hearing. Widex has raised $5.38M 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
Manufacturer of hearing aids and accessories designed to improve hearing. The company offers receiver-in-canal, behind-the-ear, and in-the-ear hearing aid models. These hearing aids are built on an advanced platform. The company also provides an application for personalized sound settings and AI assistant access. Accessories are available to improve connectivity and streaming capabilities. Sound therapy methods and tinnitus relief are also addressed.
- Website
- www.widex.com/
Key Metrics
Founded Year
1956
Location
Copenhagen, Denmark
Stage
Series A
Total Funding
$5.38M in 3 rounds
Latest Funding Round
Ranked
4th among 233 active competitors
Annual Revenue
$100M - $500M as on Sep 30, 2020
Employee Count
1,573 as on Aug 31, 2026
Legal entities associated with Widex
Widex is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Widex A/s CIN: 15771100 , Denmark, Active | Nov 30, 1991 | $100M - $500M (As on Sep 30, 2020) | - |
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Widex's funding and investors
Widex has raised a total funding of $5.38M over 3 rounds. Its first funding round was on Oct 06, 1995. Its latest funding round was a Grant (prize money) round on Nov 01, 2017 for $*****. 1 investor participated in its latest round. Widex has 2 institutional investors.
Here is the list of recent funding rounds of Widex:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Nov 01, 2017 | 8965145 | Grant (prize money) | 1863753 | 4785123 | 6676978 | 5163250 |
Jan 11, 2017 | 6638634 | Grant (prize money) | 9717041 | 3320342 | 5765379 | |
Oct 06, 1995 | 5494686 | Series A | 5221090 | 4758642 | 7849540 | 6025319 |
View details of Widex's funding rounds and investors
Widex's founders and board of directors
Founder? Claim ProfileWidex's employee count trend
Widex has 1,573 employees as of Aug 26. Here is Widex's employee count trend over the years:
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Widex's Competitors and alternates
Top competitors of Widex include Eargo, Starkey and Amplifon. Here is the list of Top 10 competitors of Widex, 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 | William Demant 1904, Copenhagen (Denmark), Public | Provider of hearing healthcare solutions and audio technology | - | 58/100 | |
8th | Beltone 1940, Connersville (United States), Unfunded | Manufacturer of hearing aids | - | - | 57/100 |
9th | Jabra Enhance 2018, Bloomington (United States), Acquired | Online platform offering Bluetooth-enabled hearing aid solutions | $16M | 56/100 | |
10th | Provider of smart hearing solutions for hearing loss patients | $1.29M | 56/100 |
Looking for more details on Widex's competitors? Click here to see the top ones
Widex's Investments and acquisitions
Widex has made no investments or acquisitions yet.
Reports related to Widex
Here is the latest report on Widex's sector:
News related to Widex
Media has covered Widex for 1 event in last 1 year, It was about company updates.
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Orange Launches a New Free Service with Widex for Hearing-Impaired PeopleUnivers Freebox•Mar 13, 2025•Orange, Widex
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Eye care business GKB Opticals partners with Widex to offer hearing care at India storesFashion Network•Jul 05, 2024•GKB Optical, Widex, WidexPRO
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Alan Raffauf, M.A. Appointed Widex Vice President Of MarketingMedical Device News•Dec 20, 2022•Widex, Oticon Medical
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Widex India launches hearing clinic ‘Bioaide Sound Center’ in New DelhiIndiaMedToday•Jul 13, 2022•Widex
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