Tech Company Financing Transactions

iHear Medical Funding Round

Ameritas Holding Company, Aphelion Capital and Lighthouse Capital Partners participated in a $2.3 million funding round for iHear Medical. The funding round was announced on 9/25/2017.

Transaction Overview

Company Name
iHear Medical
Announced On
9/25/2017
Transaction Type
Debt
Amount
$2,300,000
Round
Undisclosed
Investors

Ameritas Holding Company (Lead Investor)

Aphelion Capital (Lead Investor)

Lighthouse Capital Partners (Lead Investor) (Minglie Hu)

Proceeds Purpose
The proceeds of the financing will be used to expand sales into major retailers and wholesalers after the passing of the OTC Hearing Aid Act of 2017 into law, building on its highly successful direct sales channels.

Company Information

Company Status
Private & Independent
Industry
Medical Devices & Instruments
Mailing Address
15250 Hesperian Blvd. 102
San Leandro, CA 94578
USA
Phone
(510) 276-4437
Website
www.ihearmedical.com
Email Address
[email protected]
Overview
The patented iHearHD, fits discreetly and safely inside your ear for an exceptional hearing experience starting at $299. High definition sound. Testing your hearing at home for only $49. Plug & Play hearing aid system delivered by mail.
Profile
iHear Medical LinkedIn Company Profile
Social Media
iHear Medical Company Twitter Account
Company News
iHear Medical News
Facebook
iHear Medical on Facebook
YouTube
iHear Medical on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Adnan Shennib
  Adnan Shennib LinkedIn Profile  Adnan Shennib Twitter Account  Adnan Shennib News  Adnan Shennib on Facebook
Chief Financial Officer
Michael Potter
  Michael Potter LinkedIn Profile  Michael Potter Twitter Account  Michael Potter News  Michael Potter on Facebook
VP - Regulatory Affairs
Marika Berkley
  Marika Berkley LinkedIn Profile  Marika Berkley Twitter Account  Marika Berkley News  Marika Berkley on Facebook

 

 

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