Fundz

Eargo Closes First Tranche Investment Of $100 Million From Patient Square Capital

PRIVATEJul 05, 2022

Round Type

Venture

San JoseCommerce and ShoppingHealthcareHardwareSoftwareMedia And EntertainmentSales And MarketingMusic And Audio

Description

Eargo, Inc. (Nasdaq: EAR) (the “Company”), a medical device company on a mission to improve the quality of life of people with hearing loss, today announced it has completed the issuance of $100 million aggregate principal amount of senior secured convertible notes to Patient Square Capital on June 28, 2022 (the “First Tranche Investment”).

Quick answer

Eargo raised an undisclosed amount in a funding round, dated July 5, 2022. Eargo is based in San Jose, California, United States.

How much did Eargo raise?
Eargo raised an undisclosed amount in a funding round on July 5, 2022.
What does Eargo do?
Eargo 6 is available for purchase here.
Where is Eargo based and how big is it?
Eargo is based in San Jose, California, United States.

Source: Fundz verified event record.

Who else raised in Commerce and Shopping and Healthcare around the same time

Companies in the same sectors as Eargo that raised within 45 days of this round, from Fundz verified event records.

  • Movius raised $8.4M on August 3, 2022.
  • Qiibee raised $4.8M (Seed) on July 5, 2022.
  • XY Retail raised an undisclosed amount (Seed) on June 30, 2022.
  • Regard raised $15M (Series A) on June 29, 2022.
  • Goldcast raised $32M on June 29, 2022.
  • Maze raised $40M (Funding Round) on June 9, 2022.

Who to call at Eargo, and when

A new round usually means Eargo is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Eargo raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Eargo, from your own LinkedIn network

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Company Information

Company

Eargo

Location

San Jose, California, United States

About

Eargo 6 is available for purchase here.

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Eargo raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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