144%

1.5bn people globally are at risk of some degree of hearing loss, and even mild hearing loss can double your risk of dementia. eargym's patent-pending product has seen 71% of their testers show an average improvement to their hearing of 14% in just 4 weeks against the World Health Organisation's hearWHO test. Now working to commercialise eargym, join them on their mission to improve the worlds' hearing.

  • 1.5bn people are at risk of hearing loss globally, growing 63% by 2050
  • First movers, focusing on hearing loss before hearing aids are needed
  • Beta product downloaded by over 500 users
  • Piloting with call centre, national retailer and wellbeing provider
Information £325,000 of funds on the progress bar represent funds raised by the Company prior to launching the campaign. The Company has indicated up to £20,000 may be spent whilst the pitch is live. Completion of the Crowdcube raise will occur on the same material terms and share price.

Idea

Introducing eargym, the fun new way to care for your hearing
The eargym app is a scalable, digital solution.
The eargym app is a scalable, digital solution.
Available now, in beta on the Apple and Google app stores.
Available now, in beta on the Apple and Google app stores.
Fun, immersive hearing training games.
Fun, immersive hearing training games.
eargym is also available on the Heka health benefits provider platform.
eargym is also available on the Heka health benefits provider platform.
eargym user testimonial.
eargym user testimonial.
eargym user testimonial.
eargym user testimonial.
eargym user testimonial.
eargym user testimonial.

Hearing loss is correlated with social isolation, loneliness, depression and cognitive impairment. Surprisingly, even mild hearing loss can double the risk of dementia. Globally, 430m adults are living with hearing loss and 1 in 6 are of working age. Over 1bn more young people are at risk from noise exposure and headphone mis-use. 79% of Britons have never had a hearing test, whereas only 13% report never having had a sight test. We believe it is time to take hearing health more seriously.

eargym has developed a patent-pending product that combines immersive audio with mobile technology to create fun, realistic, hearing training games that help users practice and improve their hearing skills. Delivered through smartphone and headphones, eargym also plans to offer tests, advice and referrals to professionals.

We have already raised £150k to build and test our prototype. 71% of our 24 testers showed an average of 14% improvement in just 4 weeks against the World Health Organisation’s hearWHO test. The beta product is available in app stores and despite little marketing our user-base is growing on avg. 12% WoW.

Ready to commercialise and start selling eargym as an employee benefit, we are running pilots with UK businesses and a wellbeing provider. We're raising now to build our team and launch our paid product. Purpose-led, we plan to contribute our data to vital dementia research.

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Risk warning

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Investment opportunities are not offers to the public and investors must be eligible Crowdcube members. Further restrictions and Crowdcube's limitation of liability are set out in the Investor Terms and Conditions. Please seek independent advice as required as Crowdcube does not give investment or tax advice.

eargym has been given advance assurance by HMRC that the proposed share issue is likely to qualify for Enterprise Investment Scheme (EIS) tax relief.

Tax relief is available to individuals only, with income tax relief currently set at 30 per cent of the cost of the shares for the tax year in which the investment was made. The tax reliefs can also reduce your Capital Gains Tax bill. Read More.

Availability of tax relief depends on your individual and the company’s ongoing circumstances and applicable law.