Maveron-backed Eargo looks to reinvent the hearing aid with rechargeable devices modeled on a fishing fly
BY MICHAEL SHERMAN
Eargo, a Maveron-backed hearing-aid company that’s operated secretly for the past three years, today is launching a new line of hearing devices designed for the tens of millions of Americans that suffer from mild hearing loss.
The hearing devices, which include a patented Flexi Fiber technology and are modeled on a fishing fly, are nearly invisible when placed in the ear canal. They also are designed to provide users with more comfort and a better fit to the ear.
The Silicon Valley company started in 2010 and raised a small seed investment from Seattle-based Maveron in 2013. Since then, the company has raised $13.6 million from Maveron, Dolby Family Ventures, Crosslink Capital, Birchmere Ventures, Montage Ventures, Peterson Ventures, Red Sea Ventures and others.