Posit Science
Latest round
- Series E
Last raised
- Oct 2012
Total raised
- $43M
Investors
- 4
About Posit Science
Founded in 2002 in San Francisco, US, Posit Science focuses on developing brain training solutions. The company was co-founded by Jeff Zimman and Michael Merzenich, both recognized in the field of neuroscience.BrainHQ, developed by Posit Science, offers a comprehensive brain training program that leverages over 30 years of research in brain science and neuroplasticity. The core product consists of a series of online exercises designed to enhance cognitive functions such as attention, memory, brain speed, people skills, navigation, and intelligence. Each exercise is adaptive, adjusting in difficulty based on the user’s performance, and typically takes under five minutes to complete. BrainHQ is accessible on various platforms, including computers and mobile devices, catering to a diverse client base that includes individuals seeking to improve their cognitive health and mental agility.BrainHQ operates on a subscription-based revenue model, where users can select from various pricing plans for access to its brain training exercises. The primary transaction structure involves direct-to-consumer sales, allowing individuals to purchase subscriptions directly through the website. Revenue is generated through annual subscription fees, which include promotional discounts for new users, such as a 50% discount for the first year. The service emphasizes long-term engagement by encouraging users to set personal training goals and track their progress, fostering continued usage and renewals. The company is focused on expanding its reach into international markets where demand for cognitive enhancement is growing, targeting specific regions by 2024.
Who invested in Posit Science
4 investors across 10 rounds
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Funding rounds
Series E
Oct 16, 2012
Amount
$1.8M
Investors
Series E
Mar 29, 2011
Amount
$1M
Investors
Series D
Sep 22, 2010
Amount
$0.5M
Investors
Series D
Dec 23, 2009
Amount
$2.8M
Investors
Series C
May 12, 2009
Amount
$5.5M
Investors
Series B
Nov 28, 2006
Amount
$7.3M
Investors
Series B
Sep 6, 2006
Amount
$1.8M
Investors
Series B
Jun 24, 2005
Amount
$15M
Investors
Series A
Nov 12, 2003
Amount
$1M
Investors
Series A
Sep 26, 2003
Amount
$7.1M
Investors
Questions about Posit Science
Who invested in Posit Science?
Posit Science has 4 investors on record across 10 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Posit Science raised?
Posit Science has raised 10 venture rounds. Sign up free to see how much each round raised and the total.
When did Posit Science last raise money?
Posit Science's most recent round on record is a Series E, in Oct 2012.
What does Posit Science do?
Founded in 2002 in San Francisco, US, Posit Science focuses on developing brain training solutions.
Where is Posit Science headquartered?
Posit Science is headquartered in San Francisco, US.
Which VCs invest in companies like Posit Science?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back healthcare it companies at Posit Science's stage. Their profiles are linked below.
VCs backing healthcare it startups at Series E
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