Neosensory

Neosensory focuses on sensory augmentation via haptic feedback from wearables. The company develops wristbands with vibratory motors, a microphone, high computational capacity, and advanced algorithms. Its products include Duo, Clarify, and Sound Awareness developed to address tinnitus, hearing loss, and deafness, respectively. 

The Duo wristband makes use of bimodal stimulation. Backed by its free app, the users are expected to listen to specially designed notes every day. These synchronized sounds and vibrations assist the brain in differentiating between external and self-generated (internal) sounds, making tinnitus less challenging to deal with. The company claims that around 87% of the users reported an improvement from using this device.

The Clarify wristband picks up sounds from the environment via a microphone and uses a machine-learning algorithm to filter background noise and extract target phonemes from speech. These sounds are transformed into haptic vibrations on the wrist. Through the integration of sensory inputs (i.e., the auditory signals and information on the skin), people with hearing difficulties are able to better comprehend speech. This wristband can be used on its own or alongside conventional hearing aids as a complementary device. 

The Sound Awareness wristband, targeted for deafness, aids in recognizing sounds such as doorbells, running water, people’s voices, dogs’ barks, babies’ cries, and hundreds of other daily sounds. 

Key customers and partnerships

In January 2021, Neosensory partnered with global multi-line distributor of products and supplies to the hearing care industry, Oaktree Products, to extend its product distribution, particularly to professionals.

Funding and financials

In January 2021, the company raised an undisclosed amount in a private equity round from venture capital firm CB Health Ventures.