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Eargo

#6772

Rank

$103.92M

Marketcap

US United States

Country

Eargo
Leadership team

Mr. Christian Gormsen (CEO, Pres & Director)

Mr. Adam Laponis (Chief Financial Officer)

Mr. William H. Brownie (Chief Operating Officer)

Products/ Services
Audio, Health Care, Medical Device, Wearables
Number of Employees
100 - 500
Headquarters
San Jose, California, United States
Established
2010
Company Registration
SEC CIK number: 0001719395
Revenue
20M - 100M
Traded as
EAR
Social Media
Overview
Location
Summary
Eargo, Inc., a medical device company, engages in enhancing the quality of life of people with hearing loss in the United States. The company markets and sells hearing aids. It sells its products direct-to-consumer and through omni-channel. The company was formerly known as Aria Innovations, Inc. and changed its name to Eargo, Inc. in November 2014. Eargo, Inc. was incorporated in 2010 and is headquartered in San Jose, California.
History

Eargo was founded in 2010 by Florent Michel, his son Raphael Michel, and Daniel Shen. Florent—an ear, nose, and throat surgeon—serves as the designer and inventor while Raphael served as the company's first CEO and Shen as the company's chief science & clinical officer. In 2013, they received seed funding from a range of seed funds and angels as well as Maveron. In June 2015, they received $13.6 million in Series A funding from a group of 9 investors, including Maveron, Crosslink Capital, Dolby Family Ventures, and Birchmere Ventures.Eargo announced $25 million in Series B funding led by New Enterprise Associates in December 2015, and in October 2017 closed the first tranche of Series C funding intended to raise $45m. There were other subsequent rounds of funding including a $52M series-D in 2019 and a $71M series-E in mid 2020.Eargo filed for IPO on September 25, 2020 and officially listed on NASDAQ on October 16, 2020.in June 2015, Eargo launched the first hearing devices available for order. The Eargo Plus was introduced in 2017 and, in 2018, the Eargo Max was introduced. The Eargo Neo launched in 2019, and in 2020 the Eargo Neo HiFi was launched .

Mission
To make every aspect of hearing wellness virtually invisible.
Vision
Eargo’s vision is to continue to create innovative and more accessible technology for our customers and to expand our reach worldwide.
Key Team

Mr. Daniel Shen (Co-Founder and Chief Clinical & Science Officer)

Mr. Mark Thorpe (Chief Accounting Officer)

Mr. Tim Trine Ph.D. (Chief Technology Officer)

Mr. Nicholas S. Laudico (Sr. VP of Corp. Strategy & Investor Relations)

Ms. Christy La Pierre (Chief Legal Officer & Sec.)

Mr. Frederick D. Knight CCEP, M.B.A. (Chief Compliance Officer)

Mr. Pio Schunker (Chief Marketing Officer)

Recognition and Awards
Eargo won 8 awards in 2022 and 8 awards in 2021. In 2022, Eargo won for Best Company for Diversity 2022, Best Company for Women 2022, Best Company Culture 2022, Best Company Perks & Benefits, Best Company Compensation, Best Leadership Teams 2022, Best CEOs for Diversity 2022 and Best CEOs for Women 2022. In 2021, Eargo won for Best Company for Women 2021, Best Company Culture 2021, Best Company Compensation, Best Company Happiness, Best CEOs for Diversity 2021, Best CEOs for Women 2021, Best Sales Team 2021 and Best Company Outlook 2021. Based on 11,364 ratings and 563 participants, employees at Eargo are very satisfied with their work experience. The overall culture score, 86/100 or A+, incorporates employee ratings based on their feedback on the Outlook, Office Culture, Meetings and more.
References

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Eargo
Leadership team

Mr. Christian Gormsen (CEO, Pres & Director)

Mr. Adam Laponis (Chief Financial Officer)

Mr. William H. Brownie (Chief Operating Officer)

Products/ Services
Audio, Health Care, Medical Device, Wearables
Number of Employees
100 - 500
Headquarters
San Jose, California, United States
Established
2010
Company Registration
SEC CIK number: 0001719395
Revenue
20M - 100M
Traded as
EAR
Social Media