Olive Union develops FDA Class 2 OTC hearing aids that utilize Bluetooth technology for audio streaming and feature a rechargeable battery with a quick charge capability. Their products specifically address mild to moderate hearing loss, enhancing sound clarity and overall hearing health while preventing further deterioration through digital therapeutics for tinnitus.
Funding
$25.3M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
BNJFFounders
Product
Problem
Individuals experiencing mild to moderate hearing loss often face challenges accessing affordable and convenient hearing solutions. Traditional hearing aids can be expensive and require in-person visits to audiologists, creating barriers to entry for many seeking hearing assistance. This can lead to delayed treatment and a diminished quality of life.
Solution
Olive Union offers FDA Class 2 Over-the-Counter (OTC) hearing aids designed to address mild to moderate hearing loss with enhanced sound clarity. These hearing aids utilize Bluetooth technology for seamless audio streaming from Apple or Android devices, allowing users to enjoy music, podcasts, and phone calls directly through their hearing aids. The rechargeable battery provides extended usage, and the accompanying mobile app enables personalized sound customization and hearing EQ settings. Olive Union aims to provide accessible and user-friendly hearing solutions, eliminating the need for frequent visits to audiology centers.
Target Audience
The primary target audience includes adults with mild to moderate hearing loss seeking affordable, accessible, and technologically advanced hearing solutions without the need for frequent audiology visits.
Features
- FDA Class 2 OTC hearing aids for mild to moderate hearing loss
- Bluetooth connectivity for audio streaming and hands-free calls
- Rechargeable battery with a quick charge capability
- Customizable hearing profiles and sound equalization via mobile app
- Directional microphones for noise reduction and improved speech clarity
- Ergonomic design for comfortable and discreet wear
- Online hearing test for preliminary self-assessment