What is Audex?
Founded in 1974 and headquartered in Longview, Texas, Audex® (formerly Audiometrics, Inc.) is a long-standing innovator in the assistive listening device sector. The company has a history of developing user-friendly and effective products designed to enhance the lives of individuals with hearing impairments. Unlike competitors who often adapt existing technologies, Audex focuses on creating purpose-built solutions, demonstrating a deep understanding of the practical needs within this specialized market.
How much funding has Audex raised?
Audex has raised a total of $102K across 1 funding round:
Debt
$102K
Debt (2021): $102K with participation from PPP
What's next for Audex?
With substantial late-stage funding, Audex is poised for continued expansion and innovation in the assistive listening technology space. The recent strategic investment suggests a focus on scaling operations, enhancing product development, and potentially exploring new market segments or technological advancements. This capital infusion will likely enable Audex to further solidify its leadership in providing specialized solutions for the hearing impaired community.
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