Olive Union Asset Profile

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Year established

2016

Location

Tokyo Japan

Primary Industry

Consumer Products

About

Founded in 2016 and based in Japan, Korea and the US, Olive Union develops, manufactures and sells the Olive Smart Ear, a combined bluetooth earbud and hearing aid. Each Olive Smart Ear is a single-ear personal sound amplifying product (PSAP) that improves the sound of everyday life and is customized to your own hearing. When paired to a smartphone with Bluetooth, each earbud can also amplify phone calls. Using patented hearing amplification technology for a clear and balanced sound, pre-set modes instantly adjust to various listening environments. No need for a time-consuming setting-up; startup is simple. Olive’s intuitive app allows users to do a five-minute sound calibration process on their smartphone, which automatically sets the best audio frequencies while canceling background noise and feedback. Olive Smart Ear are affordable at $299 for a single earbud, charging case and free app download. As of April 2021, more than 20,000 units have been sold in Japan, America and Korea.

Current Investors

Bonds Investment Group, Beyond Next Ventures, LITALICO

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Primary Industry

Consumer Products

Sub Industries

Consumer Electronics

Website

www.oliveunion.com/jp

Verticals

Mobile Apps

Company Stage

Series D

Total Amount Raised

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