Series: Seed
Co-Investors: ActivateNM, Narrative Fund, 9.58 ventures National Science Foundation, United States Department of Defense
Date of Investment: December 2023
Investment Amount: $1,000,000
Summary: NeuroTrainer’s technology provides brain training for improved performance in sports, business, and life. The company’s software offers automated tests and exercises through a virtual trainer to guide the brain’s ability to grow, improve focus and attention, optimize performance, and facilitate injury management.
Product offering: NeuroTrainer combines virtual reality and cognitive training to build new neural pathways in the brain. It operates on a software license-based model and is offered in three modalities:
- Prime: Short high intensity sessions to activate mental performance.
- Train: Virtual reality exercises to improve resilience and mental agility.
- Measure: Easy to use intuitive coaching dashboard to track performance improvement on your computer or mobile devices.
- Completed 3 pilots in 2023 surrounding the use of NeuroTrainer for ADHD applications. Given the pilot’s promising results, a NIH (National Institutes of Health) application has been submitted. If the NIH application is approved clinical trials would begin fall of 2024.
- Secured partnership as the official cognitive training system of the LA Galaxy soccer club.
- Secured contract with University of Washington football in 2023, supporting one of the best seasons in school history.
- 26,000+ users, 320k minutes trained and 984k data points collected to date at the end of 2023.
- Potential grant from NIMH (National Institute of Mental Health) will enable expansion into ‘wellness’ market.
- Q4 2023 NeuroTrainer hired its first fully dedicated sales resources (2) to focus on sourcing new accounts.
NeuroTrainer’s technology provides brain training for improved performance in sports, business, and life. The company’s software offers automated tests and exercises through a virtual trainer to guide the brain’s ability to grow, improve focus and attention, optimize performance, and facilitate injury management.
