California's iHear launches crowdfunding campaign for personalized hearing aids

By VCPOST Staff Reporter

Mar 18, 2014 07:22 AM EDT

iHear Medical has launched a crowdfunding campaign via Indiegogo for its customizable hearing aids. The California startup wants to make the device available for 350 million hearing-impaired people worldwide, according to TechCrunch.

Founder Adnan Shennib said: "What we discovered is that the advanced technology we developed really ends up being a luxury item for most users. So we've created iHear as more of a mission than a company to reach out to those who can't afford hearing solutions."

Shennib, who is a biomedical engineer, is raising $65,000 via Indiegogo for this mission. With only 21 days left for the campaign, iHeart has already raised $24,000. The $199 device comes with a testing kit. Users can also access the online diagnostic software to customize hearing capacity, the report explained.

In line with its mission, iHeart will donate one device to a financially disadvantaged person for every hearing aid it sells. In addition, backers of the campaign get a noise-cancelling headphone for a minimum contribution of $29, TechCrunch reported.

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