October 16, 2020
Eargo hit the public market today with an initial public offering of about 7.9 million shares of common stock priced at $18 per share for estimated earnings of about $141.3 million.
This IPO is upsized from its original offering of about 6.7 million common stock shares priced between $14 and $16. Eargo has also granted the underwriters the option to purchase an additional 1.2 million shares at...
July 30, 2020
Eargo, maker of direct-to-consumer tech enabled hearing devices, scored a whopping $71 million in Series funding. Gilde Healthcare and Longitude Capital led the round with participation from New Enterprise Associates, the Charles and Helen Schwab Foundation and Nan Fung Life Sciences.
As part of the news, the company announced that Gilde Healthcare’s Geoff Pardo and Longitude Capital’s Juliet...
October 23, 2019
The expectations and lifestyles of baby boomers are quickly shaping the way new technologies are developing, and this includes hearing aids and related devices.
“They are the largest consumer of healthcare services, and they are very avid consumers of healthcare information and seek out information themselves,” Daniel Shen, founder of hearing aid company Eargo, said at the Connected Health...