CTRL-Labs Overview
- Year Founded
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2015
- Status
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Acquired/Merged
- Employees
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37
- Latest Deal Type
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M&A
- Latest Deal Amount
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$1B
CTRL-Labs General Information
Description
Developer of a neural interface platform designed to increase the interactive capabilities of computers, smartphones, and commercial devices. The company's platform offers brain-machine interfaces that integrate computational neuroscience, statistics, machine learning, biophysics, and human-computer interactions, enabling robotics designers and clinical researchers to utilize multimodal biosensing technology to advance research and commercial machine development.
Contact Information
Website
www.ctrl-labs.comCorporate Office
- 25 West 36th Street
- 9th Floor
- New York, NY 10018
- United States
Corporate Office
- 25 West 36th Street
- 9th Floor
- New York, NY 10018
- United States
CTRL-Labs Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 6. Merger/Acquisition | 23-Sep-2019 | $1B | Completed | Generating Revenue | ||
| 5. Early Stage VC (Series B) | 22-Feb-2019 | Completed | Generating Revenue | |||
| 4. Accelerator/Incubator | 01-Jan-2019 | Completed | Generating Revenue | |||
| 3. Accelerator/Incubator | 12-Jun-2018 | Completed | Generating Revenue | |||
| 2. Early Stage VC (Series A) | 29-May-2018 | $28M | $39M | Completed | Generating Revenue | |
| 1. Early Stage VC | 21-Jun-2016 | $11M | $11M | Completed | Startup |
CTRL-Labs Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series A-4 | ||||||||
| Series A-3 | ||||||||
| Series A-2 | 1,303,743 | $0.000010 | $0.67 | $0.67 | 1x | $0.67 | 4.83% | |
| Series A-1 | 4,591,576 | $0.000010 | $2.21 | $2.21 | 1x | $2.21 | 17.03% |
CTRL-Labs Comparisons
Industry
Financing
Details
CTRL-Labs Competitors (6)
One of CTRL-Labs’s 6 competitors is ADInstruments, a Corporation company based in Dunedin, New Zealand.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| ADInstruments | Corporation | Dunedin, New Zealand | ||||
| Neurable | Venture Capital-Backed | Boston, MA | ||||
| Kernel (Monitoring Equipment) | Venture Capital-Backed | Los Angeles, CA | ||||
| Microsoft | Corporation | Redmond, WA | ||||
| Meta Platforms | Formerly VC-backed | Menlo Park, CA |
CTRL-Labs Patents
CTRL-Labs Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| WO-2020072915-A1 | Use of neuromuscular signals to provide enhanced interactions with physical objects in an augmented reality environment | Inactive | 05-Oct-2018 | ||
| WO-2020069181-A1 | Neuromuscular control of physical objects in an environment | Inactive | 26-Sep-2018 | ||
| WO-2020061440-A1 | Neuromuscular control of an augmented reality system | Inactive | 20-Sep-2018 | ||
| WO-2020061451-A1 | Neuromuscular text entry, writing and drawing in augmented reality systems | Inactive | 20-Sep-2018 | ||
| WO-2020047429-A1 | Camera-guided interpretation of neuromuscular signals | Inactive | 31-Aug-2018 | G06F3/011 |
CTRL-Labs Signals
CTRL-Labs Former Investors (19)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Amazon Alexa Fund | Corporate Venture Capital | Minority | ||
| Breyer Capital | Venture Capital | Minority | ||
| Cercano Management | PE/Buyout | Minority | ||
| Climate First | Accelerator/Incubator | |||
| Angel (individual) | Minority |
CTRL-Labs Investments (1)
CTRL-Labs’s most recent deal was a Corporate Asset Purchase with North (Intellectual Property and customer data related to wearable technology). The deal was made on 27-Jun-2019.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| North (Intellectual Property and customer data related to wearable technology) | 27-Jun-2019 | Corporate Asset Purchase | Buildings and Property |
CTRL-Labs FAQs
-
When was CTRL-Labs founded?
CTRL-Labs was founded in 2015.
-
Where is CTRL-Labs headquartered?
CTRL-Labs is headquartered in New York, NY.
-
What is the size of CTRL-Labs?
CTRL-Labs has 37 total employees.
-
What industry is CTRL-Labs in?
CTRL-Labs’s primary industry is Electronic Equipment and Instruments.
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Is CTRL-Labs a private or public company?
CTRL-Labs is a Private company.
-
What is the current valuation of CTRL-Labs?
The current valuation of CTRL-Labs is .
-
What is CTRL-Labs’s current revenue?
The current revenue for CTRL-Labs is .
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How much funding has CTRL-Labs raised over time?
CTRL-Labs has raised $67M.
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Who are CTRL-Labs’s investors?
Amazon Alexa Fund, Breyer Capital, Cercano Management, Climate First, and are 5 of 19 investors who have invested in CTRL-Labs.
-
Who are CTRL-Labs’s competitors?
ADInstruments, Neurable, Kernel (Monitoring Equipment), Microsoft, and Meta Platforms are some of the 6 competitors of CTRL-Labs.
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When was CTRL-Labs acquired?
CTRL-Labs was acquired on 23-Sep-2019.
-
Who acquired CTRL-Labs?
CTRL-Labs was acquired by Meta Platforms.
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