Olive Union logo — Olive Union – Don’t miss a thing.

Olive Union

Olive Union – Don’t miss a thing.

Founded 2016 Korea South Korea South 16 employees Series B Total: $517.14M Consumer Electronics, Digital Health +2

General Information

Company Name Olive Union
Founded Year 2016
Location Korea South Korea South
Employees 16
Industries Consumer Electronics, Digital Health, Health Care +1
Funding Stage Series B
Social

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About Olive Union

Olive Union

Olive Union is a consumer electronics and health care startup founded in 2016 by CEO Owen Song with a mission to remove the stigma associated with impaired hearing by offering well-designed, functional, and affordable wearables.

The company's first product, the Olive Smart Ear, was launched in January 2020. This affordable, wireless, single-ear hearing amplifier aims to revolutionize the way people with hearing impairment experience the world.

The company recently secured a significant $7.00M Series B investment on 05 April 2021. The investment was led by Beyond Next Ventures, Japan Policy Finance, Bonds Investment Group, and LITALICO.

Olive Union's slogan, "Don’t miss a thing," encapsulates their commitment to providing innovative solutions for individuals with impaired hearing, and the recent investment underscores the confidence that venture capital firms have in the company's vision and products.

With its headquarters in South Korea, Olive Union is well-positioned to continue making significant strides in the consumer electronics and healthcare industries, further solidifying its presence as a leader in the hearables market.

Business keywords: hearing aid, wearables, assistive technology, startup, affordable devices

Funding Rounds & Investors (5)

View All
Funding Stage Amount Investors Lead Investors Date
Series B $7.00M 4
Beyond Next Ventures, Japan Policy Finance +2
05 Apr 2021
Series A $10.00M 1
LITALICO
01 Mar 2019
Seed Round KRW500.00M 1
LITALICO
20 Aug 2018
Seed Round $141.23K 1
Magna Investment
01 Jan 2018
Pre Seed Round Undisclosed 1
TIPS Program
01 Oct 2017

Olive Union Alternatives & Competitors

Olive Union vs
Nuheara
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Eargo
Eargo United States

Life Deserves To Be Heard

Post-IPO Equity
184 employees
Hardware, Health Care

FAQ About Olive Union

Olive Union – Don’t miss a thing.
Olive Union was founded in 2016.
Olive Union is headquartered in Korea South.
Olive Union operates in Consumer Electronics, Digital Health, Health Care and Medical Devices. Its work centres on hearing aid, wearables, assistive technology and startup.
Olive Union has approximately 16 employees.
Olive Union has completed 5 funding rounds, raising a total of $517.14M. The latest funding stage is Series B.
Top alternatives and competitors to Olive Union include Nuheara, ROCK Human Devices, Eargo, Starkey Australia, Meders Medikal A.Ş.. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Olive Union and Nuheara are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Olive Union, https://bouncewatch.com/company/olive-union, updated 28 November 2024. When citing, please name BounceWatch and link this page.

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