3 years ago
Oto Secures £2.8M Seed Funding to Provide Digital Support for Tinnitus Patients
Oto, a UK-based healthtech startup, has raised £2.78 million in an oversubscribed seed round led by Octopus Ventures
The company, founded by two tinnitus sufferers, offers digital solutions through a mobile app to help people manage the condition
The funding will be used to improve product-market fit and accelerate profitability.
ProblemHealthcare
"Millions of people suffer from tinnitus, a persistent ringing or buzzing in the ears, with limited effective treatment options available."
Solution
"Oto offers a digital platform, accessible via a mobile app, that provides psychological support and therapy-based interventions to help individuals manage and alleviate the symptoms of tinnitus."