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New Deal


Announced

Completed

Octopus Ventures led a $23m Series A funding round in TympaHealth.

Financials

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Transaction Value£18m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Friendly

Single Bidder

United Kingdom

Medical Equipment

Venture Capital

hearing healthcare

Acquisition

Completed

Minority

Private

Private Equity

Domestic

Synopsis

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Octopus Ventures, a venture capital company, led a $23m Series A funding round in TympaHealth, an all-in-one ear and hearing healthcare platform, with participation from Dara Capital, Rezayat investments, Bob Davis and Jeff Leerink. "Our goal is to make ear and hearing healthcare easily accessible to everybody, on a global scale. Putting the right technology and support into the hands of more healthcare professionals and community providers is the best possible place to start. The Tympa Platform has proven its benefits at every point in the healthcare value chain and with our new funding, we can expand that value to new partners and markets," Krishan Ramdoo, TympaHealth Founder & CEO.

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