Neurable
Neurable is a technology company.
Financial History
Neurable has raised $13.0M across 1 funding round.
Frequently Asked Questions
How much funding has Neurable raised?
Neurable has raised $13.0M in total across 1 funding round.
Neurable is a technology company.
Neurable has raised $13.0M across 1 funding round.
Neurable has raised $13.0M in total across 1 funding round.
Neurable has raised $13.0M in total across 1 funding round.
Neurable's investors include Cultivation Capital, Dolby Family Ventures, Draper Associates, Far Out Ventures, Glasswing Ventures, Grit Ventures, Gutbrain Ventures, Lockheed Martin Ventures, Techstars, Ultratech Capital Partners, Keith Masback, Kyle York.
Neurable is a Boston-based neurotechnology company developing non-invasive brain-computer interfaces (BCIs) that integrate high-performance EEG sensors into everyday wearables like headphones.[1][2][3] Its flagship product, the Enten headphones (later evolved into the MW75 Neuro with partner M&D), uses proprietary AI to clean and interpret brain waves, tracking focus levels in real-time to help users optimize productivity, prevent burnout, and build better work habits.[1][2][3][4] Neurable serves productivity-focused consumers, professionals, and potentially clinical users, solving the problem of inaccessible, bulky BCI tech by enabling seamless brain data insights from compact, consumer-grade devices.[2][5] Growth momentum includes rapid Indiegogo funding in 2021, a 2022 commercial deal with M&D, $5M in 2023 defense grants, and the 2024 MW75 Neuro launch, positioning it for "Powered by Neurable AI" partnerships.[3][4]
Neurable originated from the University of Michigan's Direct Brain Interface Laboratory, spinning out through its Innovation Partnerships accelerator around 2015, with roots tracing to 2011 research on AI-enhanced EEG signal processing.[1][2][3][5] Founder and CEO Dr. Ramses Alcaide, who holds a PhD in Electrical Engineering and Neuroscience, developed his thesis on novel BCIs and EEG biomarkers for children with cerebral palsy, fueling the company's early focus on real-time brain control for applications like wheelchairs and gaming.[3][6] Co-founder Adam Molnar complemented the team in packaging neurotech into wearables.[5] Pivotal moments include a 2020 pivot from AR/VR hands-free input to scalable platforms, 2021's Enten fully funding in under 30 minutes on Indiegogo, and subsequent commercialization.[3]
Neurable rides the exploding BCI trend, blending neurotech with AI amid rising demand for human augmentation in productivity, wellness, and human-computer interaction—fueled by post-pandemic focus on mental health and remote work.[2][5] Timing is ideal as AI advancements enable signal processing breakthroughs, closing the gap between lab-grade EEG and consumer wearables, while market forces like wearable tech growth (headphones, earbuds, glasses) and investor interest in deeptech favor non-invasive solutions over invasive implants.[1][4] It influences the ecosystem by democratizing brain data, partnering with electronics firms for "Powered by Neurable AI" badges that ensure quality, and paving the way for brain vitals in everyday devices, potentially transforming diagnostics and AR/VR.[2][4][5]
Neurable is poised to expand "Powered by Neurable AI" into earbuds, eyeglasses, and beyond, targeting mass-market licensing while deepening productivity, wellness, and clinical apps.[2][4][5] Trends like AI-driven personalization and mental health tech will accelerate adoption, with defense grants signaling enterprise potential.[3] Its influence could evolve from niche innovator to BCI standard-setter, unlocking brain data for all—if it scales partnerships without compromising signal quality. This mind-unlocking mission builds directly on its University of Michigan roots, turning lab pain into everyday gain.[1][2]
Neurable has raised $13.0M across 1 funding round. Most recently, it raised $13.0M Venture Round in May 2024.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| May 1, 2024 | $13.0M Venture Round | Cultivation Capital, Dolby Family Ventures, Draper Associates, Far Out Ventures, Glasswing Ventures, Grit Ventures, Gutbrain Ventures, Lockheed Martin Ventures, Techstars, Ultratech Capital Partners, Keith Masback, Kyle York |