About BrainSpec
BrainSpec is a company based in Boston (United States) founded in 2015.. BrainSpec has raised $5.59 million across 5 funding rounds from investors including Techstars, DCVC and Right Side Capital Management. BrainSpec offers products and services including BrainSpec Platform and BrainSpec Core. BrainSpec operates in a competitive market with competitors including Change Healthcare, AIdoc, Cleerly, eCential Robotics and AI Medical Service, among others.
- Headquarter Boston, United States
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Sectors
Healthcare
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$5.59 M (USD)
in 5 rounds
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Latest Funding Round
$1.73 M (USD), Seed
Sep 25, 2017
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Investors
Techstars
& 2 more
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Employee Count
Employee Count
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Products & Services of BrainSpec
BrainSpec offers a comprehensive portfolio of products and services, including BrainSpec Platform and BrainSpec Core. 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.
Web-based system for MRS data analysis and brain chemistry databases.
Tool for creating reference databases for clinical brain metabolite analysis.
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Funding Insights of BrainSpec
BrainSpec has successfully raised a total of $5.59M across 5 strategic funding rounds. The most recent funding activity was a Seed round of $1.73 million completed in September 2017. 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 5
- Last Round Seed — $1.7M
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First Round
First Round
(06 Feb 2017)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2017 | Amount | Seed - BrainSpec | Valuation |
investors |
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| Sep, 2017 | Amount | Seed - BrainSpec | Valuation |
investors |
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| Jul, 2017 | Amount | Seed - BrainSpec | Valuation |
investors |
| 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 BrainSpec
BrainSpec has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Techstars, DCVC and Right Side Capital Management. 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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Venture capital firm focused on multiple sectors
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Founded Year | Domain | Location | |
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Pre-seed stage Micro VC firm investing in the US and Canada
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Founded Year | Domain | Location | |
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Startups are accelerated globally without sector restrictions through structured programs.
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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 BrainSpec
| 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 - BrainSpec
| 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 |
Brainspec Comparisons
Competitors of BrainSpec
BrainSpec 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 Change Healthcare, AIdoc, Cleerly, eCential Robotics and AI Medical Service, 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 |
Cloud-based solutions are delivered for healthcare payers, providers, and patients.
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| domain | founded_year | HQ Location |
AI-based single-screen system is provided to streamline medical imaging.
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| domain | founded_year | HQ Location |
Atherosclerotic plaque is quantified by AI using coronary CT angiograms.
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| domain | founded_year | HQ Location |
Robotic surgery platform for bone procedures is developed.
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| domain | founded_year | HQ Location |
Provider of AI-based solution for diagnosis of cancer related lesions
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| domain | founded_year | HQ Location |
Diagnostic technologies for infectious, cancer, and neurological diseases are developed.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Frequently Asked Questions about BrainSpec
When was BrainSpec founded?
BrainSpec was founded in 2015 and raised its 1st funding round 2 years after it was founded.
Where is BrainSpec located?
BrainSpec is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.
Is BrainSpec a funded company?
BrainSpec is a funded company, having raised a total of $5.59M across 5 funding rounds to date. The company's 1st funding round was a Seed of $500K, raised on Feb 06, 2017.
What does BrainSpec do?
BrainSpec is a web-based Magnetic Resonance Spectroscopy (MRS) software platform. MRS can be performed on any standard MRI scanner and can be used to observe tissue metabolism and for measuring biochemicals. It can help in Alzheimers Disease, epilepsy, traumatic brain injury, multiple sclerosis, schizophrenia, and metabolic disorders. BrainSpec claims to use algorithms which provide most accurate readings for brain metabolites. It also gives a concentration estimate for all the metabolites and also calculates the associated error. The concentration table is colour coded for ease of readability.
Who are the top competitors of BrainSpec?
BrainSpec's top competitors include Change Healthcare, AIdoc and eCential Robotics.
What products or services does BrainSpec offer?
BrainSpec offers BrainSpec Platform and BrainSpec Core.
Who are BrainSpec's investors?
BrainSpec has 3 investors. Key investors include Techstars, DCVC, and Right Side Capital Management.
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