# Brain Corporation

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/brain-2

- Industry: Software
- Headquarters: San Diego, US
- Website: www.braincorp.com
- Total disclosed funding: $161M
- Latest round: Series D (Apr 17, 2020)
- Investors on record: 4

## About

Based in the US, Brain Corporation delivers an innovative autonomy platform, BrainOS®, which powers robotic and AI applications aimed at enhancing operational efficiency across various sectors.Brain Corporation, founded in 2009 in San Diego, US, specializes in robotics and AI technologies. The company was established by a team of innovators, including Dirceu Basile and Eugene Izhikevich. As of April 17, 2020, Brain Corporation raised USD 36.236 mn in Series D funding led by SoftBank Vision Fund, alongside other investors such as Qualcomm Ventures and ClearBridge Investments. The company has successfully completed 5 funding deals to date, with a valuation of USD 405.574 mn.Brain Corporation offers the BrainOS® platform, which includes the BrainOS® Sense Suite and the BrainOS® Clean Suite. These applications enable efficient automated inventory management and autonomous cleaning tasks across various industries. Their clientele includes significant players in retail, healthcare, education, and hospitality, utilizing advanced robotics for improved operational effectiveness.Brain Corporation employs a B2B revenue model, generating income through the sale of its BrainOS® platform and related services, including subscriptions for software updates and ongoing support. The company’s robotic systems are essential for enhancing business operations, addressing labor costs, and providing data analytics for real-time insights.Following its recent capital raise in April 2020, Brain Corporation plans to develop new products within the BrainOS® suite aimed at enhancing operational automation. The company is targeting expansion into additional markets in Europe and Asia by the end of 2023, leveraging its latest funding to accelerate product development and market entry initiatives.

## Funding rounds

- Series D, Apr 17, 2020, $36M — Satwik Ventures, Qualcomm Ventures, Clearbridge Investments, SB Investment Advisers
- Series C, Aug 24, 2017, $114M — Qualcomm Ventures, SB Investment Advisers
- Series B, Sep 6, 2012, $10M — Qualcomm Ventures
- Series A, Jul 31, 2009, $1M — Qualcomm Ventures

## Investors

- Qualcomm Ventures (https://capitalatlas.ai/funds/qualcomm-ventures) — Series A, Series B, Series C, Series D
- SB Investment Advisers (https://capitalatlas.ai/funds/sb-investment-advisers) — Series C, Series D
- Satwik Ventures (https://capitalatlas.ai/funds/satwik-ventures) — Series D
- Clearbridge Investments — Series D
