What is BrainCheck?
BrainCheck offers a clinically validated digital platform designed for cognitive assessment and care, featuring its FDA Class II tool, BrainCheck Assess. This flagship product provides standardized and repeatable cognitive data suitable for both clinical and research environments. The platform empowers healthcare organizations and research institutions by delivering validated screening and care planning tools. Clinicians can leverage BrainCheck to establish tailored protocols and meticulously track cognitive health progression over time. The technology aims to enhance clinical decision-making by facilitating structured assessments and the development of personalized care plans, serving as a crucial technological complement to professional medical evaluation.
How much funding has BrainCheck raised?
BrainCheck has raised a total of $39.2M across 9 funding rounds:
Private Equity
$2.2M
Angel/Seed
$1.2M
Unspecified
$1.5M
Series A
$8M
Debt
$150K
Debt
$338K
Series B
$10M
Other Financing Round
$15M
Private Equity (2016): $2.2M, investors not publicly disclosed
Angel/Seed (2017): $1.2M supported by True Wealth Ventures
Unspecified (2018): $1.5M featuring Tensility Venture Partners, S3 Ventures, XFactor Ventures, and True Wealth Ventures
Series A (2019): $8M backed by True Wealth Ventures, Nueterra Capital, Tensility Venture Partners, and S3 Ventures
Debt (2020): $150K with participation from PPP
Debt (2021): $338K led by PPP
Series B (2021): $10M supported by S3 Ventures, Next Coast Ventures, Nueterra Capital, and Tensility Venture Partners
Other Financing Round (2024): $15M featuring Next Coast Ventures and S3 Ventures
Key Investors in BrainCheck
Next Coast Ventures
Next Coast Ventures is an Austin-based venture capital firm that partners with bold entrepreneurs building innovative companies in big markets. It provides early-stage capital to high-growth startups in 'Next Coast' markets, using macro trends and themes to guide its investment strategy.
Nueterra Capital
Nueterra Capital focuses on investing in the integration of healthcare and technology, aiming to empower the next generation of start-ups. The company provides support and resources to innovative businesses in the healthcare sector.
S3 Ventures
S3 Ventures is the largest venture capital firm focused on Texas, based in Austin, and partners with startups across major Texas cities. They invest in sectors such as business technology, digital experiences, and healthcare technology, providing initial investments ranging from $500K to over $10M.
What's next for BrainCheck?
The recent major strategic investment signifies BrainCheck's transition into a scaling phase, likely focusing on expanding its market reach and further developing its AI-driven cognitive assessment capabilities. With a history of diverse funding types, including debt, Series B, and other financing rounds, the company has demonstrated a robust financial strategy. Future growth is expected to involve deeper integration into healthcare systems, enhanced research collaborations, and continued product innovation to address the evolving needs in neurological care and digital health. The backing from firms specializing in healthcare technology and early-stage ventures suggests a strategic focus on market penetration and technological advancement.
See full BrainCheck company page
