How Much Did BrainCheck Raise?
Funding & Key Investors

BrainCheck, a digital platform for cognitive assessment and care, has secured significant enterprise-level funding, with its most recent financing round marked as a major strategic investment. The company has raised a total of $39.2M to date, with the latest capital injection of $15M underscoring its growth trajectory in the health technology sector.

This latest round of financing positions BrainCheck to further its mission of providing clinically validated tools for cognitive health management.

What is BrainCheck?

BrainCheck
SoftwareHealthcare SoftwareHealthcare Services

BrainCheck is a clinically validated digital platform designed for cognitive assessment and care. Its core offering, BrainCheck Assess, is an FDA Class II tool that delivers standardized and repeatable cognitive data suitable for both clinical and research environments. The platform empowers healthcare organizations and research institutions by providing validated screening and care planning tools. These tools enable clinicians to develop customized protocols and meticulously track cognitive health over extended periods. BrainCheck's technology is engineered to enhance clinical decision-making, facilitating structured assessments and personalized care plans, thereby serving as a crucial technological adjunct to professional medical evaluation rather than a standalone diagnostic solution.

How much funding has BrainCheck raised?

BrainCheck has raised a total of $39.2M across 9 funding rounds:

2016

Private Equity

$2.2M

2017

Angel/Seed

$1.2M

2018

Unspecified

$1.5M

2019

Series A

$8M

2020

Debt

$150K

2021

Debt

$338K

Series B

$10M

2024

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 XFactor Ventures, S3 Ventures, True Wealth Ventures, and Tensility Venture Partners

Series A (2019): $8M backed by S3 Ventures, Tensility Venture Partners, True Wealth Ventures, and Nueterra Capital

Debt (2020): $150K with participation from PPP

Debt (2021): $338K led by PPP

Series B (2021): $10M supported by Next Coast Ventures, Nueterra Capital, Tensility Venture Partners, and S3 Ventures

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.

S3 Ventures

S3 Ventures is the largest venture capital firm focused on Texas, based in Austin, and partners with startups across major Texas cities including Dallas-Fort Worth, Houston, and San Antonio. They invest in sectors such as business technology, digital experiences, and healthcare technology.

True Wealth Ventures

True Wealth Ventures is a venture capital fund designed to invest in women-led companies that will design, develop, go to market and scale consumer health and sustainable products and technologies. The company uses a gender lens strategy and invest in women-led teams proven to be more effective at driving innovation.

What's next for BrainCheck?

With its latest major strategic investment, BrainCheck is poised for accelerated expansion and product development. The substantial enterprise-level funding suggests a maturing company ready to scale its operations and broaden its market reach. This capital infusion will likely be directed towards enhancing its FDA-cleared cognitive assessment tools, expanding its platform's capabilities for both clinical and research applications, and forging new partnerships within the healthcare ecosystem. The company's focus on data-driven cognitive care aligns with the growing demand for digital health solutions that improve patient outcomes and streamline clinical workflows. BrainCheck's strategic financing indicates a strong market validation and a clear path toward solidifying its position as a leader in digital cognitive health.

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Frequently Asked Questions Regarding BrainCheck Financial Insights

What are the most recent funding rounds that BrainCheck has completed, and what were the funding rounds?
BrainCheck has recently completed 3 funding rounds: Other Financing Round on Mar 6, 2024, Series B on Nov 3, 2021, Debt on Feb 25, 2021.
What is the total amount of funding BrainCheck has raised to date?
BrainCheck has raised a total of $39.2M in funding to date.
How many funding rounds has BrainCheck completed?
BrainCheck has completed 3 funding rounds.
How much funding did BrainCheck raise in its most recent funding round?
BrainCheck raised $15M in its most recent funding round.
Who are the lead investors in BrainCheck's latest funding round?
The lead investor in BrainCheck's latest funding round was Next Coast Ventures. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in BrainCheck's history?
The largest funding round in BrainCheck's history was $15M.
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