Merger-related investment · Healthtech

LXE Hearing formed with $100 million Patient Square backing in 2025

The investment accompanied the combination of Eargo and hearX.

Eargo and hearX completed their merger on March 31, 2025, forming LXE Hearing with an additional $100 million investment from Patient Square Capital.

The combination brought the Eargo and Lexie hearing-aid brands together under chief executive Nic Klopper. The companies planned to integrate product technology and customer systems, pursuing wider access to over-the-counter hearing care.

Funding history

Merger-related investment · This round$100M

Sources

  1. Eargo and hearX Close Merger, Announce LXE Hearinglxehearing.com · Mar 31, 2025