Neural Analytics Pulls $10M in Series A

What does Neural Analytics do?

Neural Analytics, is a medical device company which is focusing on developing devices and services for measuring, diagnosing and tracking brain health. The company is addressing thel traumatic brain injury epidemic all over the world via data science. Injuries and diseases which affect the brain are catastrophic as they strike at our core self, which changes us for the remainder of the our lives. These traumatic events effect all alike and every person is at risk. This company is at an early stage focusing on applying data science to neuroscience. The company uses big data techniques for measuring, diagnosing and tracking brain health.

How much Neural Analytics was funded?

Neural Analytics raised $10M in Series A on December 22, 2015 from JSR Limited, Tigermed, Taiyu Capital and Venture Capital Fund.

Previous funding

• $200k on August 8, 2013
• Undisclosed amount in undisclosed series on June 1, 2014 from Tech Coast Angels
• $3.07M in undisclosed series on October 29, 2015 from UCLA VC Fund

What does Neural Analytics do?

The company has raised a total of $13.07M to date with their $3M Series Seed financing last year. The company is very pleased with the latest financing and has welcomed Taiyu and JSR limited to its multinational syndicate of top investors. The company plans to use the latest funding raised for supporting clinical trials in the next year and for ongoing development if its new products and for continuing its research studies on the TBI- Traumatic Brain Injury including athletes who play sports with a high risk of suffering from concussion.

More about Neural Analytics

Neural Analytics was founded on February 6, 2013 by Leo Petrossian, Dan J. Hanchey and Robert B. Hamilton. It has its headquarters in Los Angeles, California. The company is targeting 17 billion dollars market for the traumatic brain injury diagnosis with products which combine simple ultrasonic hardware with sophisticated data science and algorithms.