What is Muse?
Muse operates at the intersection of biotechnology and mental health, specializing in research-grade EEG devices that translate neural activity into actionable feedback. By converting brain signals into auditory cues, the platform facilitates mindfulness and meditation, effectively helping users manage stress and enhance cognitive focus. In the enterprise sector, Muse provides scientifically validated tools designed to bolster employee resilience and engagement. The company's market position is defined by its unique ability to make intangible mental states tangible, offering a data-driven approach to corporate wellness that addresses the growing demand for mental health solutions in high-pressure professional environments.
How much funding has Muse raised?
Muse has raised a total of $38.3M across 4 funding rounds:
Angel/Seed
$1.2M
Series A
$6M
Series B
$21.6M
Series C
$9.5M
Angel/Seed (2012): $1.2M, investors not publicly disclosed
Series A (2013): $6M, investors not publicly disclosed
Series B (2017): $21.6M supported by Export Development Canada and OMERS Ventures
Series C (2022): $9.5M featuring Alabaster and Export Development Canada
Key Investors in Muse
Export Development Canada
Export Development Canada is a financial institution established in 1944 that provides risk management, secure financing, and working capital services to support international business growth.
OMERS Ventures
OMERS Ventures is a prominent investment group that manages pension assets and provides strategic capital to support the growth of innovative businesses.
Alabaster
Alabaster is a mission-driven organization that focuses on providing encouragement and revelation through its unique publishing and investment initiatives.
What's next for Muse?
With the recent infusion of capital, Muse is well-positioned to accelerate its enterprise-level growth strategy. The company is expected to focus on scaling its B2B offerings, deepening its integration within corporate health programs, and refining its proprietary neuro-feedback algorithms. By leveraging its established history of funding, Muse aims to solidify its leadership in the digital health space, potentially expanding its research capabilities and broadening its reach into global markets where employee mental health remains a critical priority for organizational success.
See full Muse company page
