What is Eversound?
Eversound specializes in the development and deployment of advanced assistive audio technology designed specifically for senior living environments. Their flagship EverSound Wireless Headphone System is engineered to mitigate the challenges of hearing loss, thereby fostering greater social participation and cognitive engagement among residents. Beyond audio hardware, the company provides a comprehensive suite of digital engagement tools, including IPTV and community-wide communication platforms, which are essential for modernizing the operational infrastructure of healthcare and hospitality facilities.
By integrating ergonomic design with long-distance broadcasting capabilities, Eversound addresses the fundamental need for inclusivity in group activities. Their market position is defined by a dual focus on resident satisfaction and operational efficiency, making them a preferred partner for senior living operators seeking to improve quality-of-life metrics through technological intervention.
How much funding has Eversound raised?
Eversound has raised a total of $10.4M across 4 funding rounds:
Private Equity
$3M
Series A
$5M
Debt
$350K
Unspecified
$2.1M
Private Equity (2016): $3M with participation from Red Bear Angels, Shelter Group, and 10X Venture Partners
Series A (2019): $5M, investors not publicly disclosed
Debt (2020): $350K supported by PPP
Unspecified (2020): $2.1M featuring Undisclosed
Key Investors in Eversound
Red Bear Angels
Red Bear Angels is a premier investment network affiliated with Cornell, focusing on high-growth sectors including healthcare, robotics, and big data.
Shelter Group
The Shelter Group, now operating as Brightview Senior Living, is a major developer and operator of senior living communities with extensive industry expertise.
10X Venture Partners
10X Venture Partners is an operator-led angel group specializing in early-stage software, AI, and infrastructure investments.
What's next for Eversound?
With the recent $2.1M injection, Eversound is poised to accelerate its product development roadmap and expand its footprint across the broader healthcare and senior living sectors. The strategic focus will likely shift toward deepening the integration of their digital signage and engagement tools, creating a more cohesive ecosystem for facility management. As the demand for high-quality, accessible care technology continues to rise, Eversound is well-positioned to capitalize on these market trends, potentially exploring new partnerships or service expansions that further enhance the resident experience. The company remains focused on scaling its infrastructure to meet the evolving needs of an aging population, ensuring that its technological solutions remain both scalable and impactful.
See full Eversound company page