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iHear Medical

Description

Developer of an online hearing solution platform designed to fulfill the unmet needs of the hearing impaired worldwide. The company's proprietary invisible hearing aids and online tools enable people with hearing loss to customize advanced hearing aids setting themselves at home, at a fraction of the cost. The company also offers the only FDA approved home hearing test kit, and remote hearing aid programming services.

2010

Founded

PRIVATE

Status

11-50

Employees

Series C2

Latest Deal Type

$4.1M

Latest Deal Amount

$14.5M

Total Amount Raised

Description

Developer of an online hearing solution platform designed to fulfill the unmet needs of the hearing impaired worldwide. The company's proprietary invisible hearing aids and online tools enable people with hearing loss to customize advanced hearing aids setting themselves at home, at a fraction of the cost. The company also offers the only FDA approved home hearing test kit, and remote hearing aid programming services.

Website:

www.ihearmedical.com

Ownership Status

Privately held (backing)

Financing Status

Venture Capital-Backed

Primary Industry

Therapeutic Devices

Other Industries

Other Devices and Supplies

Primary Office

15250 Hesperian Boulevard Suite 102 San Leandro, CA 94578United States +1 (510) 276-4437
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iHear Medical Valuation and Funding

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Deal TypeDateAmountRaised to DatePost-ValStatusStage

iHear Medical Cap Table

Stock# of Shares
Authorized
Par ValueDividend Rate (%)Original
Issue Price
LiquidationLiquidation
Pref. Multiple
Conversion
Price
% Owned

iHear Medical Investors (5)

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Investor NameInvestor TypeHoldingInvestor SinceParticipating RoundsBoard
Seat
Contact
Info
Ameritas Life InsuranceLimited PartnerMinority000 0000000 0000
Aphelion CapitalVenture CapitalMinority000 0000000 0000
Brother IndustriesCorporationMinority000 0000000 0000
Highlight CapitalOtherMinority000 0000000 0000
Lighthouse Capital PartnersVenture CapitalMinority000 0000000 0000
Ameritas Life Insurance Limited Partner
Aphelion Capital Venture Capital
Brother Industries Corporation
Highlight Capital Other
Lighthouse Capital Partners Venture Capital

iHear Medical Executive Team (2)

NameTitleBoard
Seat
Contact
Info
Adnan ShennibChief Executive Officer & Founder
Varun Bhardwaj JDGeneral Counsel & Chief Innovation Officer
Adnan Shennib Chief Executive Officer & Founder
Varun Bhardwaj JD General Counsel & Chief Innovation Officer

iHear Medical Board Members (2)

NameRepresentingRoleSinceContact
Info
Daniel HartmanSelfBoard Member000 0000
Minglie HuLighthouse Capital PartnersPartner000 0000
Daniel Hartman Board Member Self
Minglie Hu Partner Lighthouse Capital Partners
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