Fundraising Fox

Neurable

Ann Arbor, US · Founded 2016 · Delaware corporation · 40 employees on LinkedIn · 17 known investors

Neurable develops brain-computer interface (BCI) technology via smart headphones designed to enhance employee focus, productivity, and well-being in corporate settings. The solution targets organizations seeking to reduce staff burnout and optimize team performance in remote and high-pressure work environments.

Also known as Neurable Inc.

Founders & leadership

Neurable was founded in 2016 by Dr. Ramses Alcaide, Michael Thompson, and Adam Eizenberg-Molnar.

DR
Dr. Ramses AlcaideCEO and Co-Founder
MTMichael Thompson
Michael ThompsoninCo-founder
AE
Adam Eizenberg-MolnarCofounder30 Under 30 2021

Investors · 17

Also in the syndicate · 1

Spectrum Moonshot Fundlead

Funding

SEC filings, press & company announcements

$82.2M disclosed across 6 rounds · 2016–2025

  • $35MSeries ADec 2025 · 3 sources

    Spectrum Moonshot Fund (lead)

    Source ↗
  • $35MraisedDec 2025 · 2 sources
    Source ↗
$5.7MraisedDec 2019 · 12 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Ramses AlcaideExecutive Officer, Director
  • Jamie AldersDirector
Offering amount
$6M
Amount sold
$5.7M
First sale
Nov 2019
Incorporated
Corporation, Delaware, 2016
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$1MraisedApr 2019 · 8 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Ramses AlcaideExecutive Officer, Director
  • Michael ThompsonDirector
Offering amount
$3M
Amount sold
$1M
First sale
Mar 2019
Incorporated
Corporation, Delaware, 2016
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$4.9MraisedApr 2018 · 17 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Colin GreensponDirector
  • Michael ThompsonExecutive Officer, Director
  • Ramses AlcaideExecutive Officer, Director
Offering amount
$5.4M
Amount sold
$4.9M
First sale
Mar 2018
Incorporated
Corporation, Delaware, 2016
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$555.6KraisedAug 2016 · 2 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Ramses AlcaideExecutive Officer, Director
  • Michael ThompsonExecutive Officer
Offering amount
$2M
Amount sold
$555.6K
Minimum investment
$50K
First sale
Aug 2016
Incorporated
Corporation, Delaware, 2016
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Company profile

researched Aug 2026

Neurable is a neurotechnology company developing non-invasive brain-computer interface (BCI) technology that is embedded into everyday consumer devices rather than dedicated laboratory hardware. Its core product is Neurable AI, a patented compact brain-signal processing technology that combines dry EEG sensors, signal processing and machine learning to detect and interpret electrical brain activity measured at the surface of the head. The company positions the resulting outputs — focus state, mental fatigue, cognitive recovery and related scores — as metrics that can become as routine for consumers as heart rate, steps or sleep quality.

Neurable's first commercial product is the MW75 Neuro smart headphone, built with premium audio brand Master & Dynamic, with a "Powered by Neurable AI" badge on the headband denoting the embedded EEG sensors and algorithms. A later MW75 Neuro LT model was introduced alongside a redesigned Neurable app. In use, a wearer takes a short "Cognitive Snapshot" to gauge daily mental readiness, then works normally while the system passively tracks brain activity, prompts 10-minute "Brain Breaks" when attention dips, and presents a focus timeline and brain-health scores. App features include a Mental Recovery Score, a Brain Age measure, reports covering cognitive strain, cognitive speed and anxiety resilience, real-time audio and visual biofeedback, a gamified brain-controlled rocket game, session notes, stress and energy pattern tracking, and links between sleep and next-day focus.

Beyond headphones, the company states an intent to extend brain data applications from productivity into wellness, safety and clinical diagnostics, and has published or cited research on EEG-based focus estimation, cognitive state monitoring, office focus detection, driver drowsiness estimation and passive BCIs for non-medical applications. Following its Series A, Neurable said it would expand Neurable AI into additional devices and industries, with gaming and e-sports named as a near-term target for concentration, reaction time and cognitive endurance applications.

Founding story

Neurable was co-founded in 2015 at the University of Michigan's Direct Brain Interface Lab by a team that, on incorporation in 2016 in Ann Arbor, included Michael Thompson, Ramses Alcaide, James Hamet and Adam Molnar. CEO and co-founder Dr. Ramses Alcaide traces his motivation to his family's move from Mexico to the United States and to a tragic accident in his family that prompted his interest in technology bridging the gap between the mind and machines. The founding aim was to deliver lab-quality BCIs in the form factor and usability of mainstream consumer electronics.

Business model

Neurable licenses and embeds its Neurable AI brain-signal processing technology into consumer hardware built with partner brands, certified with a "Powered by Neurable AI" badge, and pairs the devices with its own companion app that delivers cognitive metrics and coaching features. The company also pursues research funding, including defense research grants.

Revenue derives from sales of BCI-enabled consumer hardware developed with partner brands and an associated software application, supplemented by grant funding such as defense research awards.

Traction

Neurable launched and delivered the MW75 Neuro in 2024 and subsequently released the MW75 Neuro LT with a redesigned app. Its Enten reference product was fully funded on Indiegogo in under 30 minutes in 2021. The company reports feedback from thousands of users informing its AI models, a science advisory board that includes University of California Irvine informatics professor emerita Dr. Gloria Mark, and $5 million in defense research grants won in 2023. Coverage has appeared in outlets including CNN and Vox.

Latest developments

In December 2025 Neurable announced a $35 million Series A led by Spectrum Moonshot Fund, bringing reported total funding to $65 million. The round followed the launch of the MW75 Neuro LT headphones and a redesigned app offering real-time insight into mental fatigue, focus and cognitive recovery. Proceeds are earmarked for commercializing Neurable AI in additional devices and industries, including gaming and e-sports.

Full profile — market position, technology, go-to-market, geography, history, risks & controversies

Market position

Neurable describes itself as a pioneer in non-invasive BCI technology aiming to make brain data accessible outside research settings; it operates in a growing consumer neurotech and wearables segment alongside companies such as NextSense, which raised a $16 million Series A and is integrating EEG into its Tone earbuds, and Interaxon's Muse, which launched the Muse S Athena mental-fitness headband.

The company emphasizes miniaturized, calibration-light BCI hardware and AI that fits into devices people already wear, contrasting itself with earlier commercial BCI products it characterizes as ineffective, uncomfortable or expensive, and with laboratory EEG setups. It applies a "Powered by Neurable AI" certification to partner devices as a quality standard.

Technology

Non-invasive EEG-based brain-computer interfaces using dry electrodes combined with proprietary machine learning. The company reports moving from lab EEG gel caps to dry electrodes and reducing electrode count from 22 to six while maintaining performance, and describes Neurable AI as patented compact brain-signal processing that requires little to no calibration. Models interpret brain data dynamically for multiple use cases and are refined over time using data collected from thousands of users.

Go-to-market

Neurable goes to market primarily through partnerships with consumer electronics brands, notably Master & Dynamic for the MW75 Neuro and MW75 Neuro LT headphones, supported by a companion app, a waitlist-based direct channel on its website, published research, and consumer press coverage.

Consumers and knowledge workers seeking to track focus, manage stress and avoid burnout, including software engineers, analysts, product managers and researchers cited in company testimonials; the company also targets gaming and e-sports players, and cites potential applications in safety, wellness and clinical diagnostics.

Geography

Founded and incorporated in Ann Arbor, Michigan; described in December 2025 press coverage as a Boston-based company, with a team member noted as having worked in the Boston area before joining.

History

The underlying signal-processing breakthrough dates to 2011 at the University of Michigan, where work began on AI to improve the signal-to-noise ratio of brain data; the company describes itself as a spinout of the University of Michigan's Innovation Partnerships accelerator and originated in the university's Direct Brain Interface Lab. Neurable was founded in 2015 and incorporated in 2016 in Ann Arbor, Michigan. In 2016 it won the Rice Business Plan Competition and closed seed funding; in 2017 it demonstrated a brain-input VR experience at SIGGRAPH. In 2020 the company pivoted from hands-free AR/VR input to scalable wearable platforms, and in 2021 its Enten reference product was fully funded on Indiegogo in under 30 minutes. A commercial agreement signed in 2022 led to the MW75 Neuro smart headphone with Master & Dynamic, launched and delivered in 2024. The company won $5 million in defense research grants in 2023, and in December 2025 announced a $35 million Series A.

Risks & controversies

The company acknowledges the sensitivity of brain and personal data and states commitments to data privacy, security and ethics, advised in part through its co-founder's work with the Institute of Neuroethics and Harvard's DCI Network. It also notes that prior commercially available BCI products have over-promised and underperformed, a credibility challenge for the category.

Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Defense research grants wonJan 2023$5M
Total funding raisedDec 2025$65M

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Competitors · 3

by search overlap

Companies competing with Neurable for the same Google search keywords, organic and paid, via search-intersection analysis.

Non-dilutive funding · 4 SBIR/STTR awards

Federal grants — no equity taken
AgencyPhaseYearAmount
U.S. ArmyArmyPhase II2023$1.9M
U.S. ArmyArmyPhase I2023$149.9K
U.S. Air ForceAir ForcePhase I2023$75K
National Science FoundationPhase I2018$224.9K

Source: SBIR.gov award data (U.S. Small Business Administration). SBIR/STTR awards are competitive federal R&D grants and contracts — non-dilutive capital alongside any venture rounds above.

Timeline · 9

launches, deals, and filings
Dec 2025
$35M Series A led by Spectrum Moonshot Fund

Funding to accelerate commercialization of Neurable AI and expand into new devices and industries, including gaming and e-sports; brings total funding to $65 million.

$35M source ↗

Jan 2025
Launch of MW75 Neuro LT headphones and redesigned Neurable app

The device and app provide real-time insights into mental fatigue, focus and cognitive recovery.

source ↗

Jan 2024
Launch and delivery of MW75 Neuro smart headphones

First commercial BCI product, developed with premium audio brand Master & Dynamic, embedding EEG sensors and Neurable's AI algorithm.

source ↗

Jan 2023
Awarded $5M in defense research grants

$5M source ↗

Jan 2022
Commercial agreement to bring first brain-powered smart headphone to market

source ↗

Jan 2021
Enten reference product fully funded on Indiegogo in under 30 minutes

Neurable's Enten reference product reached its crowdfunding goal on Indiegogo in less than 30 minutes.

source ↗

Jan 2020
Pivot from AR/VR hands-free input to scalable wearable platforms

source ↗

Jan 2017
Debuts first brain-input VR experience at SIGGRAPH

source ↗

Jan 2016
Wins Rice Business Plan Competition and closes seed funding

Neurable won the Rice Business Plan Competition and closed seed funding.

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

Legal entities · 1

corporate structure
NeurableDelaware

In the news

Research sources · 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Neurable do?
Neurable builds non-invasive brain-computer interface AI embedded in consumer devices such as smart headphones.
Who founded Neurable?
Neurable was founded by Dr. Ramses Alcaide, Michael Thompson, Adam Eizenberg-Molnar in 2016.
Who are Neurable's investors?
Neurable's investors include Capital Factory, FundersClub, Global Brain, GoAhead Ventures, Hartmann Capital, Houston Angel Network, Interplay Ventures Early Stage Management Llc, Loup Ventures and 8 more.
How much funding has Neurable raised?
Neurable has disclosed $82.2M raised across 6 rounds.
Where is Neurable headquartered?
Neurable is headquartered in Ann Arbor, US.