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The Startup Using AI To Make Hearing Aids Better

TL;DR AI

Key summary

2 min read
  1. Fortell, founded by Matthew de Jonge and ex-Butterfly colleagues, has launched premium AI-powered hearing aids that use machine learning to isolate speech in noisy settings.

  2. The startup is seeing strong demand and has raised $163 million at a $740 million valuation, with backing from Founders Fund, Thrive Capital, and Valor Equity Partners.

  3. Abby Care, founded by Havi Nguyen, operates as a Medicaid provider that trains and employs family caregivers, then channels Medicaid payments to them as wages.

  4. The company now works across eight states, highlighting a growing model for paying relatives to provide long-term care through Medicaid.

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