Eargo Raises $25M in Series B Funding

Funding Rounds

▤ Summary

Eargo, a Mountain View, CA-based maker of an invisible in-ear device for people with mild to moderate hearing loss, raised $25m in Series B funding.This round was led by New Enterprise Associates (NEA).Led by Raphael Michel, co-founder and CEO, Eargo is a consumer medical device company focused on innovative hearing solutions.Its patented Flexi Fibers, invented by ENT surgeon and Eargo co-founder Dr. Florent Michel, aims to suspend the Eargo devices in the ear canal, making them virtually invisible.They are comfortable and natural sounding as they leave the ear canal open to let natural bass sounds pass through.

$ Funding

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Amount - Total raised
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Date - Announcement date
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Investors New Enterprise Associates (NEA) Lead investors
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Company - Funded company

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