Olive Union

Consumer ProductsSeries DTokyo, Japanoliveunion.com/jp

Latest round

Series D

Last raised

Jul 2023

Total raised

$12M

Investors

5

About Olive Union

Olive Union develops hearing solutions that enhance auditory experiences for users with hearing difficulties.Founded in 2016 and headquartered in Tokyo, Japan, Olive Union specializes in hearing solutions. The company has undergone no major strategic pivots.Olive Union's primary offerings consist of innovative hearing solutions designed to enhance auditory experiences for users with hearing difficulties. The company's core products include the Olive Air, Olive Max, and Olive SmartEar Plus, each addressing specific user needs through advanced technology. The Olive Air combines powerful sound output with a sleek design suitable for various daily scenarios, while the Olive Max offers an earhook design that ensures robust sound capture, even in noisy environments, and is user-friendly for individuals less familiar with technology. The Olive SmartEar Plus, characterized by its compact portability, provides clear and mild sound to improve hearing quality in everyday situations.Olive Union generates revenue through the direct sale of its hearing devices and associated services, primarily targeting consumers through its official online store and partnerships with retailers. The transaction structure is based on a direct-to-consumer model, where customers can purchase products like the Olive Air, Olive Max, and Olive SmartEar Plus, each designed to meet specific auditory needs. The company offers a clear pricing strategy for its products, ensuring accessibility for users while maintaining quality. Additionally, Olive Union integrates a unique feature—ear-brain training—into all its products, enhancing their value proposition and supporting ongoing customer engagement.In July 2023, Olive Union Inc. The company plans to expand its product line with new offerings designed to address a broader range of auditory challenges, although specific launch dates are yet to be disclosed. Additionally, Olive Union is targeting international markets for expansion, with plans to reach new customers in regions beyond Japan by 2024.

Who invested in Olive Union

5 investors across 3 rounds

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Funding rounds

  1. Series D

    Jul 11, 2023

    Amount

    $8.4M

    Investors

    Locked

  2. Series B

    Apr 5, 2021

    Amount

    $3.7M

    Investors

    Locked

  3. Seed

    Jan 10, 2018

    Amount

    $0.1M

    Investors

    Locked

Questions about Olive Union

Who invested in Olive Union?

Olive Union has 5 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Olive Union raised?

Olive Union has raised 3 venture rounds. Sign up free to see how much each round raised and the total.

When did Olive Union last raise money?

Olive Union's most recent round on record is a Series D, in Jul 2023.

What does Olive Union do?

Olive Union develops hearing solutions that enhance auditory experiences for users with hearing difficulties.

Where is Olive Union headquartered?

Olive Union is headquartered in Tokyo, Japan.

Which VCs invest in companies like Olive Union?

Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Hui Hua Fund, Yufu Capital and ICBC Capital Management back consumer products companies at Olive Union's stage. Their profiles are linked below.

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