Beacon Biosignals

Boston, United States Founded: 2019 • Age: 7 yrs
AI-based EEG analysis is provided for healthcare providers.

About Beacon Biosignals

Beacon Biosignals is a company based in Boston (United States) founded in 2019 by Jacob Donoghue, Brandon Westover, Jarrett Revels, and Sydney Cash.. Beacon Biosignals has raised $27 million across 1 funding round from investors including General Catalyst, Casdin Capital and Andy Beck. The company has 47 employees as of December 31, 2024. Beacon Biosignals has completed 1 acquisition, including Dreem. Beacon Biosignals offers products and services including Dreem Headband and EEG Neurobiomarker Platform. Beacon Biosignals operates in a competitive market with competitors including Ceribell, BioSerenity, BrainScope, Mynd Analytics and Spark Biomedical, among others.

  • Headquarter Boston, United States
  • Employees 47 as on 31 Dec, 2024
  • Founders Jacob Donoghue, Brandon Westover, Jarrett Revels, Sydney Cash
  • Sectors
    Healthcare
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Beacon Biosignals, Inc.
Operational Areas
Healthcare → Health Technology & Digital Health
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $27 M (USD)

    in 1 rounds

  • Latest Funding Round
    $27 M (USD), Series A

    Nov 08, 2021

  • Investors
  • Employee Count
    47

    as on Dec 31, 2024

  • Investments & Acquisitions
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Products & Services of Beacon Biosignals

Beacon Biosignals offers a comprehensive portfolio of products and services, including Dreem Headband and EEG Neurobiomarker Platform. 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.

Primary

Wearable device for at-home EEG monitoring in clinical studies.

Platform for EEG data analysis in neurological research and trials.

People of Beacon Biosignals
Headcount 10-50
Employee Profiles 25
Employee Profiles
People
Yongbo Wang
Vice President Of Engineering
People
Eric Davies
Software Engineering Manager
People
Dave Kleinschmidt
Senior Algorithm/research Software Engineer
People
M Brandon Westover
Co-Founder

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Funding Insights of Beacon Biosignals

Beacon Biosignals has successfully raised a total of $27M through 1 strategic funding round. The most recent funding activity was a Series A round of $27 million completed in November 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 Rounds 1
  • Last Round Series A — $27.0M
  • First Round

    (08 Nov 2021)

  • Investors Count 3
Date Amount Transaction Name Valuation Lead Investors Investors
Nov, 2021 Amount Series A - Beacon Biosignals Valuation General Catalyst
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Beacon Biosignals

Beacon Biosignals has secured backing from 3 investors, including venture fund and angel investors. Prominent investors backing the company include General Catalyst, Casdin Capital and Andy Beck. 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.

All
Venture Fund
Angel
Investor Description Founded Year Domain Location
Investment and transformation services for entrepreneurs in technology and finance sectors.
Founded Year Domain Location
Investing in Life Sciences sectors like Healthcare and Biotechnology.
Founded Year Domain Location

Andy Beck

-
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Beacon Biosignals

Beacon Biosignals has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Dreem. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Sleep quality is monitored via Dreem's wearable EEG device.
2014
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Beacon Biosignals

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Beacon Biosignals Comparisons

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Competitors of Beacon Biosignals

Beacon Biosignals 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 Ceribell, BioSerenity, BrainScope, Mynd Analytics and Spark Biomedical, 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
Portable EEG devices for point-of-care seizure diagnosis are provided.
domain founded_year HQ Location
Provider of smart healthcare solutions for sleep and EEG lab management
domain founded_year HQ Location
Developer of AI-driven EEG platform transforming brain electrical activity into insights
domain founded_year HQ Location
Provider of reference data and analytic tools for clinicians and researchers in psychiatry.
domain founded_year HQ Location
Neurostimulation devices for opioid withdrawal symptoms are developed.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Frequently Asked Questions about Beacon Biosignals

When was Beacon Biosignals founded?

Beacon Biosignals was founded in 2019 and raised its 1st funding round 2 years after it was founded.

Where is Beacon Biosignals located?

Beacon Biosignals is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.

Who is the current CEO of Beacon Biosignals?

Jacob Donoghue is the current CEO of Beacon Biosignals. They have also founded this company.

Is Beacon Biosignals a funded company?

Beacon Biosignals is a funded company, having raised a total of $27M across 1 funding round to date. The company's 1st funding round was a Series A of $27M, raised on Nov 08, 2021.

How many employees does Beacon Biosignals have?

As of Dec 31, 2024, the latest employee count at Beacon Biosignals is 47.

What does Beacon Biosignals do?

Beacon Biosignals was founded in 2019 and is based in Boston, United States. Operations focus on the healthcare sector, where an AI platform for EEG analysis and diagnosis is utilized by professionals. Real-time brain activity is captured to support studies of neurological and psychiatric diseases. Data from the platform is employed to quantify treatment plans and identify suitable patient populations.

Who are the top competitors of Beacon Biosignals?

Beacon Biosignals's top competitors include Ceribell, BrainScope and Spark Biomedical.

What products or services does Beacon Biosignals offer?

Beacon Biosignals offers Dreem Headband and EEG Neurobiomarker Platform.

How many acquisitions has Beacon Biosignals made?

Beacon Biosignals has made 1 acquisition, including Dreem.

Who are Beacon Biosignals's investors?

Beacon Biosignals has 3 investors. Key investors include General Catalyst, Casdin Capital, and Andy Beck.

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