About Fit Brains
Fit Brains is a company based in Vancouver (Canada) founded in 2007 was acquired by Rosetta Stone in December 2013.. Fit Brains has raised $1 million across 1 funding round from investors including Rosetta Stone. Fit Brains operates in a competitive market with competitors including Elevate, Lumosity, Peak, BrainHQ and Brain+, among others.
- Headquarter Vancouver, Canada
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Sectors
Education
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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
$1 M (USD)
in 1 rounds
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Latest Funding Round
$1 M (USD), Seed
Feb 14, 2008
- Investors
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Employee Count
Employee Count
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Acquired by
Rosetta Stone
(Dec 19, 2013)
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Funding Insights of Fit Brains
Fit Brains has successfully raised a total of $1M through 1 strategic funding round. The most recent funding activity was a Seed round of $1 million completed in February 2008. 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 1
- Last Round Seed — $1.0M
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First Round
First Round
(14 Feb 2008)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2008 | Amount | Seed - Fit Brains | Valuation |
investors |
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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 Fit Brains
Fit Brains has secured backing from 1 investor. Prominent investors backing the company include Rosetta Stone. 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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Speech-recognition technology is utilized for language learning software solutions.
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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 Fit Brains
| 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 - Fit Brains
| 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 |
Fit Brains Comparisons
Competitors of Fit Brains
Fit Brains 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 Elevate, Lumosity, Peak, BrainHQ and Brain+, 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 |
Brain training games are developed for cognitive skill enhancement.
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| domain | founded_year | HQ Location |
Brain training games for web and apps are developed.
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| domain | founded_year | HQ Location |
Peak is recognized for developing brain training mobile applications.
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| domain | founded_year | HQ Location |
Online brain exercises for cognitive aging and conditions are provided.
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| domain | founded_year | HQ Location |
Provider of a digital therapeutic software for rehab patients and brain training for professionals
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| domain | founded_year | HQ Location |
Personalized brain-training games for cognitive skills are delivered via app.
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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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Frequently Asked Questions about Fit Brains
When was Fit Brains founded?
Fit Brains was founded in 2007 and raised its 1st funding round 1 year after it was founded.
Where is Fit Brains located?
Fit Brains is headquartered in Vancouver, Canada. It is registered at Vancouver, British Columbia, Canada.
Is Fit Brains a funded company?
Fit Brains is a funded company, having raised a total of $1M across 1 funding round to date. The company's 1st funding round was a Seed of $1M, raised on Feb 14, 2008.
What does Fit Brains do?
Fit Brains was founded in 2007 in Vancouver, Canada, as a mobile application in the brain health sector. Brain games and personalized tools are offered, along with performance tracking, feedback, charts, and resources like blogs on brain health. The app adapts to user performance and serves over 10 million users on iOS, Android, and web platforms. It was acquired by Rosetta Stone in December 2013 for 12 million in cash.
Who are the top competitors of Fit Brains?
Fit Brains's top competitors include BrainHQ, BrainHQ and Simcoach Games.
Who are Fit Brains's investors?
Fit Brains has 1 investor. Key investors include Rosetta Stone.