InteraXon

InteraXon

Private
Toronto, OntarioConsumer & Commercehttps://www.choosemuse.com

Last Round

Series C

Aug 11, 2022

Total Funding Raised

$37.39M

Company Overview

InteraXon is a Canadian neurotechnology company that develops brain-sensing technology to improve mental and emotional health. Founded in 2007 and headquartered in Toronto, its flagship product is Muse, a sensory headband that measures brain activity (EEG) and provides real-time audio feedback to help users with meditation and sleep. The device works with a companion mobile app that translates brain signals into sounds, helping users achieve a state of calm. The company's technology is backed by significant scientific research, with over 200 published studies and partnerships with institutions including Harvard, NASA, and the Mayo Clinic. InteraXon also expanded its offerings by acquiring the Meditation Studio app in 2018 to provide a large library of guided meditations.

Sector

Consumer & Commerce

Verticals

Mental Health, Consumer Electronics, Health IoT, Sensors

Business Model

B2C

Customer Profile

Hardware + Subscription, Hardware Sales, Subscription SaaS, Freemium

AI Layer

Application

Keywords

brain sensing headbandEEG headbandneurofeedback devicemeditation aidbrain computer interfacesleep trackerbiofeedbackwearable techEEGelectroencephalographymeditation techneurotechnologysleep techmental wellnessconsumer neurotechsoftware development kitSDKMuse Connect

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InteraXon Comps

Public and private peers based on sector, stage, and business model.

CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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InteraXon Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
Series CAug 11, 2022
Series B ExtensionNov 7, 2017
Series BMay 7, 2015
Series AAug 16, 2013
CrowdfundingDec 7, 2012

InteraXon Investors

Notable investors and investment history

InvestorRounds
Horizons VenturesSeries B, Series A
ff Venture CapitalSeries A
Business Development Bank of Canada (BDC Capital)Series C
Iter InvestmentsSeries C
Bridge Builders CollaborativeSeries B Extension, Series A
Sound VenturesSeries A
Export Development CanadaSeries B Extension, Series C

Market signals

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  • Apr 7, 2026

    Smart Wakeup feature uses brain activity to optimize wake times.

  • Jan 7, 2026

    Launched Deep Sleep Boost (DSB) feature for Muse product line.

InteraXon Filings

SEC and related filings with document metadata.

TypedDateAmount OfferedAmount SoldFillingPagesDownload
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InteraXon Filings

SEC and related filings with document metadata.

Frequently Asked Questions

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Firmographic Details

HeadquartersToronto, Ontario
Employee Range62
Year Founded2007
Last FundingAug 11, 2022

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