Fortell Raises $163M to Build AI Hearing Aids People Actually Want to Wear

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Fortell, an AI-powered hearing aid startup, has raised $163 million from investors including Founders Fund, Thrive Capital, and Valor Equity. The company was founded by Matthew de Jonge, who spent six years developing the product after questioning why hearing aids are so widely rejected compared to eyeglasses. De Jonge's core motivation was addressing the longstanding stigma and discomfort that leads many users, particularly older adults, to avoid wearing their devices. Fortell aims to challenge the existing hearing aid industry by leveraging artificial intelligence to create a more appealing and effective product.

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