Eargo
A company made up of ENT surgeons, tech geeks and dreamers, united in our belief that people should be able to hear life to the fullest.
Launch date
Employees
Market cap
€48.5m
Enterprise valuation
€14m (Public information from Feb 2024)
Share price
$2.57 EAR
San Jose California (HQ)
Financials
Estimates*
USD | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
---|---|---|---|---|---|---|---|
Revenues | 23.2m | 32.8m | 69.2m | 32.1m | 37.2m | 38.8m | 37.0m |
% growth | 250 % | 42 % | 111 % | (54 %) | 16 % | 4 % | (5 %) |
EBITDA | (32.7m) | (42.2m) | (36.3m) | (152m) | (156m) | - | - |
% EBITDA margin | (141 %) | (129 %) | (53 %) | (475 %) | (419 %) | - | - |
Profit | (33.8m) | (44.5m) | (39.9m) | (158m) | (157m) | - | - |
% profit margin | (146 %) | (136 %) | (58 %) | (491 %) | (423 %) | - | - |
EV / revenue | - | - | 21.9x | 3.5x | 3.9x | - | - |
EV / EBITDA | - | - | -41.7x | -0.7x | -0.9x | - | - |
R&D budget | 9.5m | 12.8m | 12.0m | 25.2m | 18.8m | - | - |
R&D % of revenue | 41 % | 39 % | 17 % | 79 % | 51 % | - | - |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | Series A | ||
N/A | N/A | Series A | |
$13.6m | Series A | ||
$25.0m | Series B | ||
N/A | Convertible | ||
$45.0m | Series C | ||
$52.0m | Series D | ||
$71.0m | Series E | ||
N/A | N/A | IPO | |
* | $100m | Post IPO Convertible | |
* | N/A | $29.3m | Post IPO Equity |
* | N/A | Acquisition | |
Total Funding | €188m |
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