Mental health minus the medicine

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Neurosity: An In-depth Look

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Security Type
Technology, Healthcare & Medical, Media, Entertainment, Other
Min Investment
Brooklyn, NY
Expected Close Date
April 29, 2024
Target Raise
No. Investors
Security Price
Number of Employees
Short Term Debt
Cost of Goods
Long Term Debt
Net Income

Key Deal Facts

$2M+ cumulative revenue; $1M+ trailing 12 months revenue $275K exit ARR, 300% YoY subscription growth World-class, award-winning team of neuroscientists & engineers (Boeing, Netflix, Samsung) 2K+ Crowns sold with users across 56 countries 80% of users report positive impact within two minutes Dubbed the ‘personal brain computer’ by Forbes Backed by Boost VC, Founders, Inc., Hanwha, Joyance Partners, Myelin VC, & Quake Capital Positioned to disrupt the $383B global mental health market

Management Team / Advisory Board Bios

AJ Keller Co-Founder & CEOExpert robotics, fullstack and hardware engineer. 2x founder, funded by top VCs including Boost VC and Founders Inc. Former Boeing Engineer, automated 737 airplane assembly using KUKA robotics. Computer Engineering BS., Alex Castillo Co-Founder & CTONeurotech pro + product maestro. 2x founder. Former Senior Engineer at Netflix, helped scale device certification program to 1000+ devices. Led UI team for GrubHub’s top-earning product. TEDx speaker. Communication Design BFA., Apoorva Mahajan Senior Electrical EngineerAward-winning medical device engineer + equitable neurotech advocate. Former Qualcomm + Samsung Hardware Engineer. Harvard Project delegate. HBR Ascend Select Member. Electronics + Comms BS, Carnegie Mellon Electrical + Computer Engineering MS.

Amount Raised : $341,859
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Security Description

A CAFES (Contract and Future Equity Stake) can convert into different types of equity upon a Triggering Event, such as: common or preferred stock for a corporation, limited partnership interest for a limited partnership and membership interest for a limited liability company. At the time of the Triggering Event, the specific rights and limitations associated with the equity stake being issued to the investors will be determined and disclosed by the Entrepreneur.

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