SAN JOSE, CALIFORNIA — Direct to consumer hearing aid maker, Eargo, Inc. (Nasdaq: EAR), has announced the launch of Eargo 5, the company’s most advanced hearing aid to date.
Eargo 5 is Eargo’s fifth generation device and is a medical-grade, FDA Class II exempt hearing device designed to be customizable by the user to their hearing preferences through all new Sound Match™ technology. Through Sound Match™, Eargo 5 “enables custom tuning with no clinic visits or waiting rooms”.
“We believe that the traditional hearing aid industry has failed to reach a majority of Americans because people don’t want to be associated with hearing aids which sit behind your ear, nor do they want to spend hours on visits to hearing clinics. Eargo is changing that because we are not afraid of taking action and applying cutting edge technologies for the benefit of the user.”
–Christian Gormsen, Eargo CEO
Eargo 5 is also the smallest in-canal, rechargeable hearing aid Eargo has ever made, and includes improved sound quality. Users can control sound with just a couple quick taps, choosing from four presets optimized to common situations, and adjusting noise reduction and other sound settings on the go.
Users can also use the Eargo 5 mobile app on Android and iOS to fine-tune their settings for their sound environment.
With the newest device, Eargo reimagined its approach to charging and maintenance. Updates include magnets for contactless charging, redesigned Petal ear tips for easier maintenance, and replaceable mic caps which help keep devices free of debris.
“We’re setting a completely new standard for people to take control of their hearing,” continued Gormsen. “We created a solution which puts consumers first and provides them with the tools that they need to improve their hearing within minutes, without the barriers of clinic visits, high costs and obtrusive design.”
A fully customized and rechargeable battery, developed by VARTA, provides the highest energy density in the smallest space and is fully charged within four hours for up to 16 hours of continuous power. The lithium-ion technology of the battery enables faster and easier charging while meeting the highest levels of safety.
Customers can expect Eargo 5 to continue to get better over time, as both the hearing aid and charger are in-field upgradeable.
Eargo Introduces Sound Match™
Sound Match™ and Eargo 5 gives consumers the ability to check their hearing and tune remotely.
How it works: Eargo 5 emits test tones through the hearing devices to assist the user in establishing a custom hearing profile and personalized recommendations based on the results. Sound Match™ is conducted for each ear to ensure a fully user customized hearing experience.
Through its proprietary tuning data and in situ Eargo Sound Match™ provides recommendations for users to adjust hearing settings to fine tune to their listening environments. Customers can further customize their hearing experience for different environments with additional bass/treble EQ, whether they are in a restaurant or meeting, or listening to music or talking on the phone.
Users are also able to contact Eargo’s on demand hearing professionals for any additional hearing customization they may need.
Eargo 5 Pricing and Availability
According to the company, the “Eargo 5 is available for purchase at a fraction of the price of traditional hearing aids; and unlike other direct to consumer hearing aids, Eargo provides free lifetime support from our team of dedicated licensed hearing professionals.”
Eargo 5 is available for $2,950 – the same price as the fourth generation Eargo Neo HiFi – with financing available for $123/month for 24 months.
Customers can purchase Eargo 5 online at eargo.com or by phone at 1-800-61-EARGO. Each purchase of Eargo 5 comes with a 45-day money back guarantee and a two-year warranty.
For those interested to learn more, visit the company’s website.
Eargo is a medical device company dedicated to improving the quality of life of people with hearing loss. Our innovative product and go-to-market approach address the major challenges of traditional hearing aid adoption, including social stigma, accessibility and cost. We believe our Eargo hearing aids are the first and only virtually invisible, rechargeable, completely-in-canal, FDA regulated, exempt Class I or Class II devices for the treatment of hearing loss. Our differentiated, consumer-first solution empowers consumers to take control of their hearing. Consumers can purchase online or over the phone and get personalized and convenient consultation and support from licensed hearing professionals via phone, text, email or video chat. The Eargo solution is offered to consumers at approximately half the cost of competing hearing aids purchased through traditional channels in the United States.