Brainreader

Aarhus, Denmark Founded: 2011 • Age: 15 yrs
Provider of a brain assessment tool for healthcare providers
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About Brainreader

Brainreader is a company based in Aarhus (Denmark) founded in 2011.. Brainreader has raised $14.62 million across 8 funding rounds from investors including Dahlgren Capital, Investo Capital and CBC Group. The company has 2 employees as of November 30, 2024. Brainreader offers products and services including Neuroreader. Brainreader operates in a competitive market with competitors including AIdoc, IXICO, AI Medical Service, eCential Robotics and Lantheus, among others.

  • Headquarter Aarhus, Denmark
  • Employees 2 as on 30 Nov, 2024
  • Stage Minicorn
  • Sectors
    Healthcare
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Brainreader A / S
Operational Areas
Healthcare → Health Technology & Digital Health
Healthcare → Health Technology & Digital Health
Key Metrics
  • Annual Revenue
  • Net Profit
    $-2.46 M (USD)
    -47
    as on Dec 31, 2022
  • EBITDA
    $-2.51 M (USD)
    -46
    as on Dec 31, 2022
  • Total Equity Funding
    $14.62 M (USD)

    in 8 rounds

  • Latest Funding Round
    $7.49 M (USD), Series A

    May 28, 2025

  • Investors
  • Employee Count
    2

    as on Nov 30, 2024

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Products & Services of Brainreader

Brainreader offers a comprehensive portfolio of products and services, including Neuroreader. 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

Automates brain structure analysis for early disease detection via scans.

Funding Insights of Brainreader

Brainreader has successfully raised a total of $14.62M across 8 strategic funding rounds. The most recent funding activity was a Series A round of $7.49 million completed in May 2025. 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 8
  • Last Round Series A — $7.5M
  • First Round

    (22 Jul 2011)

  • Investors Count 3
Date Amount Transaction Name Valuation Lead Investors Investors
May, 2025 Amount Series A - Brainreader Valuation Dahlgren Capital
Oct, 2021 Amount Seed - Brainreader Valuation

investors

Oct, 2020 Amount Seed - Brainreader Valuation

investors

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 Brainreader

Brainreader has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Dahlgren Capital, Investo Capital and CBC Group. 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
Investor Description Founded Year Domain Location
A Danish venture capital firm is focused on tech startups.
Founded Year Domain Location
CBC Group is engaged in providing construction and renovation services.
Founded Year Domain Location
Private investment group providing capital and expertise to Nordic companies for growth.
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 Brainreader

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

Financial Statements - Brainreader

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

Brainreader Comparisons

Employees
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Competitors of Brainreader

Brainreader 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 AIdoc, IXICO, AI Medical Service, eCential Robotics and Lantheus, 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
AI-based single-screen system is provided to streamline medical imaging.
domain founded_year HQ Location
AI-based medical image management and analysis solutions for healthcare organizations
domain founded_year HQ Location
Provider of AI-based solution for diagnosis of cancer related lesions
domain founded_year HQ Location
Robotic surgery platform for bone procedures is developed.
domain founded_year HQ Location
Developer of diagnostic imaging agents and targeted therapeutics
domain founded_year HQ Location
AI-guided software is utilized to automate MRI exams for clinicians.
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 Brainreader

When was Brainreader founded?

Brainreader was founded in 2011.

Where is Brainreader located?

Brainreader is headquartered in Aarhus, Denmark.

Is Brainreader a funded company?

Brainreader is a funded company, having raised a total of $14.62M across 8 funding rounds to date. The company's 1st funding round was a Seed of $889.16K, raised on Jul 22, 2011.

How many employees does Brainreader have?

As of Nov 30, 2024, the latest employee count at Brainreader is 2.

What does Brainreader do?

Brainreader was founded in 2011 in Aarhus, Denmark, within the healthcare technology sector. A brain assessment tool named Neuroreader is developed for providers. MRI scans are analyzed and compared against a database of healthy brain MRIs. Reports are generated to estimate total brain volume, hippocampal volume, and additional volumetric metrics. Automated patient report creation is included, along with integration capabilities for PACS systems.

Who are the top competitors of Brainreader?

Brainreader's top competitors include AIdoc, eCential Robotics and IXICO.

What products or services does Brainreader offer?

Brainreader offers Neuroreader.

Who are Brainreader's investors?

Brainreader has 3 investors. Key investors include Dahlgren Capital, Investo Capital, and CBC Group.

What is Brainreader's valuation?

The valuation of Brainreader is $9.07M as of Oct 2020.

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