AI hearing aid startup Fortell raises $163 million
TechCrunch reports that co-founder and CEO Matthew de Jonge spent six years building Fortell, motivated by his grandparents’ reluctance to wear hearing aids.
TLDR
TechCrunch reports that Fortell raised $163 million to take on a hearing aid market dominated by five companies. Its Equity interview with co-founder and CEO Matthew de Jonge explores why investors think AI can change that market. According to TechCrunch, de Jonge spent six years building the startup, driven by a question: why did he have to beg his grandparents to wear hearing aids when nobody needed to ask him to wear glasses?
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