InnerScope Hearing Technologies

Innerscope Advertising Agency provides advertising, marketing and design services that are unique to the industry. The company also provides consulting services including store set-up, customer relations management and sales techniques, all to take advantage of the customers acquired in the course of the advertising and marketing campaigns.

Adnan Shennib

CTO and President of International Operations

3 past transactions

HearingAssist

Acquisition in 2021
HearingAssist offers a variety of rechargeable hearing aids, TV listening devices and hearing aid accessories.

iHear Medical

Acquisition in 2021
iHEAR Medical is a California-based company dedicated to creating affordable high quality hearing solutions. While 95% of individuals with hearing loss could be successfully treated with hearing aids, only 14% currently use them due to persisting barriers, including high cost, limited access, and the stigma associated with wearing a visible hearing aid. iHEAR's proprietary FDA Cleared iHEARtest is the only at-home hearing screener available direct-to-consumer for self-assessment at-home. The iHEARtest is a tool for baseline hearing screening and annual screening as recommended for all diabetics and pre-diabetics due to the fact that the diabetic population is 20%-30% more likely to have a hearing loss than those with normal blood glucose. The iHEARtest is available online from iHEAR or at select retail pharmacies across the U.S. The iHEARtest results in a Hearing Number(TM) for each ear that indicates degree of hearing loss. The Hearing Number is then used to determine which iHEAR hearing aid solution will be most appropriate for the consumer's degree of hearing loss using proprietary software applications from iHEAR. iHEAR has over 50 patents submitted with 27 patents issued on the technology, applications and services it provides in its end-to-end closed business model. iHEAR Medical is founded by Adnan Shennib, who previously founded and led the development of major Silicon Valley medical device firms including InSound Medical which was acquired in 2010 by Sonova-Phonak. iHEAR Medical is Shennib’s latest venture dedicated to creating affordable and accessible hearing aid solutions for consumers. iHEAR Medical's Board of Directors is comprised of seasoned venture capitalists and advisors who have presided over numerous successful healthcare companies.

Prism Hearing Solutions

Acquisition in 2017
AUDserv is comprised of a seasoned team of professionals with many years of experience in the hearing aid industry, including successful operations in hearing aid manufacturing and retail store management. The team members have specialty skills in clinical audiology, extended warranty and loss replacement insurance for hearing devices, office management, clinical sales skills, business and accounting, as well as, all forms of retail marketing.
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