hearX Group (Pty)
Latest round
- Series A
Last raised
- Feb 2021
Total raised
- $14M
Investors
- 4
About hearX Group (Pty)
hearX Group (Pty) Ltd.Founded in 2015 and headquartered in Pretoria, South Africa, hearX Group (Pty) Ltd. provides digital hearing solutions that allow for on-site, clinically-validated hearing tests. The company was co-founded by Herman Myburgh De Swanepoel, whose previous entrepreneurial experience adds to the company's strategic vision. hearX® specializes in innovative digital hearing health technology, primarily focusing on providing accessible hearing healthcare solutions through advanced screening and testing equipment. Their core offerings include clinically-validated hearing tests that do not require a soundproof booth, allowing healthcare professionals to conduct accurate assessments directly on-site. This technology is designed for various end users, including individual consumers, healthcare providers, and retail environments. The company’s products are utilized for early detection of hearing loss, occupational health hearing conservation, and in-store as well as online testing solutions.The revenue model for hearX® is structured around direct sales of their hearing health solutions to both consumers and businesses, including healthcare providers and retail partners. Transactions are facilitated through multiple channels, enabling customers to engage directly with the company for services such as free product demonstrations and tailored audiometry solutions. The company’s flagship products, which are integral to their revenue generation, include advanced digital screening tools that cater to diverse client needs. Partnerships with retailers broaden the reach of their services, ensuring that end users have access to essential hearing assessments and interventions.In March 2025, hearX Group (Pty) Ltd., forming LXE Hearing, further enhancing its market presence.30 mn will be utilized to leverage complementary technologies and expertise, improving the company’s ability to offer more accessible and affordable hearing health solutions at scale. Future expansion plans include targeting new markets in Europe and North America by 2026, alongside the development of new products designed to enhance their digital hearing assessment capabilities.
Who invested in hearX Group (Pty)
4 investors across 2 rounds
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Questions about hearX Group (Pty)
Who invested in hearX Group (Pty)?
hearX Group (Pty) has 4 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has hearX Group (Pty) raised?
hearX Group (Pty) has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did hearX Group (Pty) last raise money?
hearX Group (Pty)'s most recent round on record is a Series A, in Feb 2021.
What does hearX Group (Pty) do?
hearX Group (Pty) is a medical devices & equipment company.
Where is hearX Group (Pty) headquartered?
hearX Group (Pty) is headquartered in Pretoria, South Africa.
Which VCs invest in companies like hearX Group (Pty)?
Among active investors with capital left to deploy, WestBridge Capital Partners, Ventures Platform, Persistent Energy Capital and Norrsken22 back medical devices & equipment companies at hearX Group (Pty)'s stage. Their profiles are linked below.
VCs backing medical devices & equipment startups at Series A
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