About Akili Interactive
Akili Interactive is a company based in Boston (United States) founded in 2011 by Matt Omernick and Eddie Martucci was acquired by Virtual Therapeutics in May 2024.. Akili Interactive has raised $220.4 million across 7 funding rounds from investors including Amgen, SVB and Pfizer. The company has 64 employees as of December 31, 2023. Akili Interactive offers products and services including EndeavorOTC and EndeavorRx. Akili Interactive operates in a competitive market with competitors including Mindoula, Limbix, Woebot Health, PursueCare and Click Therapeutics, among others.
- Headquarter Boston, United States
- Employees 64 as on 31 Dec, 2023
- Founders Matt Omernick, Eddie Martucci
- Stage Public
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Sectors
HealthcareEducation
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Akili, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$220.4 M (USD)
in 7 rounds
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Latest Funding Round
$50 M (USD), Debt – Conventional
May 26, 2021
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Investors
Amgen
& 25 more
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Employee Count
64
as on Dec 31, 2023
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Acquired by
Virtual Therapeutics
(May 29, 2024)
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Products & Services of Akili Interactive
Akili Interactive offers a comprehensive portfolio of products and services, including EndeavorOTC and EndeavorRx. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Game-based app improving attention and focus for adults with ADHD.
Prescription video game treating ADHD in children through engaging gameplay.
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Funding Insights of Akili Interactive
Akili Interactive has successfully raised a total of $220.4M across 7 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $50 million completed in May 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 7
- Last Round Debt – Conventional — $50.0M
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First Round
First Round
(16 Dec 2015)
- Investors Count 25
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2021 | Amount | Series D - Akili Interactive | Valuation | Neuberger Berman | |
| May, 2021 | Amount | Debt – Conventional - Akili Interactive | Valuation |
investors |
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| Aug, 2018 | Amount | Series C - Akili Interactive | Valuation | CLSA , Omidyar Technology Ventures |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Akili Interactive
Akili Interactive has secured backing from 26 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Amgen, SVB and Pfizer. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Secondary market fund focused on LP and direct secondary transactions
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Founded Year | Domain | Location | |
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US focused venture capital firm
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Founded Year | Domain | Location | |
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Mirae Asset is engaged in mutual fund and asset management services.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Akili Interactive
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Akili Interactive
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Akili Interactive Comparisons
Competitors of Akili Interactive
Akili Interactive operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Mindoula, Limbix, Woebot Health, PursueCare and Click Therapeutics, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Virtual care management for behavioral health is provided by Mindoula.
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| domain | founded_year | HQ Location |
VR-based exposure therapy for anxiety and phobias is provided.
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| domain | founded_year | HQ Location |
AI-powered chat-based mental wellness tools are developed.
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| domain | founded_year | HQ Location |
Addiction treatment is delivered via mobile app teleconsultations.
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| domain | founded_year | HQ Location |
Mobile apps for brain disorder treatments are provided.
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| domain | founded_year | HQ Location |
Digital therapeutics for mental and physical illnesses are provided online.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Akili Interactive
Frequently Asked Questions about Akili Interactive
When was Akili Interactive founded?
Akili Interactive was founded in 2011 and raised its 1st funding round 4 years after it was founded.
Where is Akili Interactive located?
Akili Interactive is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.
Who is the current CEO of Akili Interactive?
Eddie Martucci is the current CEO of Akili Interactive. They have also founded this company.
Is Akili Interactive a funded company?
Akili Interactive is a funded company, having raised a total of $220.4M across 7 funding rounds to date. The company's 1st funding round was a Series C of $13M, raised on Dec 16, 2015.
How many employees does Akili Interactive have?
As of Dec 31, 2023, the latest employee count at Akili Interactive is 64.
What does Akili Interactive do?
Akili Interactive was founded in 2011 and is based in Boston, United States. Operations center on the digital therapeutics sector, where proprietary video game platforms are created to deliver treatments for cognitive impairments. These solutions are designed to address how cognitive medicine is structured and applied, with a focus on engagement through interactive experiences. Services target improvements in cognitive function via accessible, game-based interventions.
Who are the top competitors of Akili Interactive?
Akili Interactive's top competitors include PursueCare, Click Therapeutics and Woebot Health.
What products or services does Akili Interactive offer?
Akili Interactive offers EndeavorOTC and EndeavorRx.
Who are Akili Interactive's investors?
Akili Interactive has 26 investors. Key investors include Amgen, SVB, Pfizer, PureTech Health, and Takeda Pharmaceuticals.
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