How Much Did SHOEBOX Raise?
Funding & Key Investors

SHOEBOX has solidified its position as a pivotal player in the occupational health technology sector, securing a total capital infusion of $8.7M. This trajectory of financial backing, which includes a recent strategic investment of $6M, underscores the market confidence in the company's innovative approach to audiometry. By transitioning from early-stage private equity to more substantial Series A financing, the firm has demonstrated a consistent ability to scale its operations and expand its global footprint within the hearing conservation industry.

What is SHOEBOX?

SHOEBOX
SoftwareHealthcare SoftwareBusiness Services

SHOEBOX operates at the intersection of medical technology and enterprise safety, providing automated hearing testing solutions that redefine traditional occupational health standards. By pioneering the use of iPad-based audiometry, the company has effectively removed the logistical constraints of sound-booth testing, allowing health and safety professionals to conduct accurate assessments in diverse environments. This technological agility has made SHOEBOX a preferred partner for global brands seeking to optimize their hearing conservation programs, ensuring regulatory compliance and employee wellness through high-fidelity, portable diagnostic tools.

How much funding has SHOEBOX raised?

SHOEBOX has raised a total of $8.7M across 3 funding rounds:

2014

Private Equity

$2M

2016

Debt

$650K

2017

Series A

$6M

Private Equity (2014): $2M with participation from BDC Capital

Debt (2016): $650K, investors not publicly disclosed

Series A (2017): $6M supported by Whitecap Venture Partners

Key Investors in SHOEBOX

Whitecap Venture Partners

A prominent venture capital firm focused on partnering with ambitious entrepreneurs to build market-leading companies in the technology and software sectors.

BDC Capital

An investment arm providing strategic capital and support to high-growth companies, often focusing on long-term value creation and operational scaling.

Undisclosed Investor

An institutional participant in the funding round, contributing to the overall capital structure and strategic development of the enterprise.

What's next for SHOEBOX?

With the recent influx of capital, SHOEBOX is well-positioned to accelerate its enterprise-level growth strategy. The company is expected to leverage this financing to enhance its software ecosystem, potentially integrating advanced data analytics to provide deeper insights into workforce hearing health trends. As the demand for digitized, remote-capable health monitoring continues to rise, SHOEBOX will likely focus on expanding its market share among large-scale industrial employers, further cementing its status as a leader in the digital health transformation of occupational safety protocols.

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Frequently Asked Questions Regarding SHOEBOX Financial Insights

What are the most recent funding rounds that SHOEBOX has completed, and what were the funding rounds?
SHOEBOX has recently completed 3 funding rounds: Series A on Jan 11, 2017, Debt on Apr 10, 2016, Private Equity on Nov 4, 2014.
What is the total amount of funding SHOEBOX has raised to date?
SHOEBOX has raised a total of $8.7M in funding to date.
How many funding rounds has SHOEBOX completed?
SHOEBOX has completed 3 funding rounds.
How much funding did SHOEBOX raise in its most recent funding round?
SHOEBOX raised $6M in its most recent funding round.
Who are the lead investors in SHOEBOX's latest funding round?
The lead investor in SHOEBOX's latest funding round was Whitecap Venture Partners. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in SHOEBOX's history?
The largest funding round in SHOEBOX's history was $6M.
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