TympaHealth raises $23m in Series A funding to expand its ear health platform
Octopus Ventures led the Series A round to support international expansion and team growth.
≈ £18.4M at $1 = £0.8002 on 27 Apr 2023
TympaHealth provides an all-in-one ear and hearing health assessment platform designed to widen access to diagnostics across clinical and community settings.
TympaHealth has secured $23m in Series A funding to develop its digital ear and hearing health assessment platform. The investment round was led by Octopus Ventures, with participation from Dara Capital, Rezayat Investments, Bob Davis, and Jeff Leerink.
The financing will be directed towards growing the team, expanding operations within the UK and Europe, and entering the US market. By broadening access to comprehensive assessments, the company aims to relieve pressure on healthcare providers and accelerate patient diagnoses.
From the founder
"Putting the right technology and support into the hands of more healthcare professionals and community providers is the best possible place to start,"
Krishan Ramdoo
Founder and CEO at TympaHealth
Investor perspective
"They are building exactly the kind of game-changing business we look to support, and they are in a market with huge potential."
Joe Stringer
Partner, Health, Octopus
Use of funds
- 01Grow the team
- 02Expand into international markets
Investors
Categories
About the company
TympaHealth
TympaHealth develops a digital ear and hearing health assessment platform.