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ihear

ihear is a hearing aid center that offers audiological testing and counseling services.

EQUITY on March 18, 2014

About

iHear manufactures a USB-configurable, software-updateable consumer hearing device with online diagnostic tools, shipped with a testing kit and remote, pursuing FDA clearance, insurance coverage, and a one-for-one donation program.

Mission

iHear offers an affordable hearing device that users customize at home using a USB connection and iHear’s online diagnostic tools; the product ships with a testing kit, remote control and can store up to four settings. The device is priced from $199 and the company positions its software‑updatable hardware like a smartphone, planning regular feature updates based on user feedback. iHear has committed to suppliers and manufacturers and is on schedule to meet a target ship date in August. The startup has filed for FDA approval and is seeking coverage from insurance providers. iHear’s model includes a one-for-one donation program through nonprofit partners, targeting countries with especially low hearing-aid penetration such as China. The team is led by biomedical engineer and entrepreneur Adnan Shennib, who previously founded InSound Medical (now Phonak) and developed the Lyric extended‑wear hearing aid.

Quick Facts

Funding

EQUITY

Industry

Health Care, Medical, Medical Device

Team Size

11-50

Headquarters

Port Macquarie, New South Wales, Australia

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