Numenta Overview
- Year Founded
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2005
- Status
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Private
- Employees
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38
- Latest Deal Type
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Series E
- Latest Deal Amount
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$14.8M
- Investors
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2
Numenta General Information
Description
Developer of a neuroscience-based artificial intelligence (AI) platform designed to dramatically accelerate AI software. The company's platform offers simple, scalable, efficient deployment of large-scale AI models on central processing units, enabling clients to harness the benefits of AI in their secure environments, and on their data, without increasing costs.
Contact Information
Website
www.numenta.comCorporate Office
- 889 Winslow Street
- 4th Floor
- Redwood City, CA 94063
- United States
Corporate Office
- 889 Winslow Street
- 4th Floor
- Redwood City, CA 94063
- United States
Numenta Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
5. Later Stage VC (Series E) | 06-Dec-2021 | $14.8M | Completed | Generating Revenue | ||
4. Later Stage VC (Series D) | 12-May-2016 | Completed | Generating Revenue | |||
3. Later Stage VC (Series C) | 07-Feb-2013 | Completed | Generating Revenue | |||
2. Later Stage VC (Series B) | 29-Apr-2010 | $12.6M | $14.6M | Completed | Generating Revenue | |
1. Early Stage VC (Series A) | 05-Apr-2005 | $2M | $2M | Completed | Startup |
Numenta Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
---|---|---|---|---|---|---|---|---|
Series E | ||||||||
Series D | ||||||||
Series C | ||||||||
Series B | 7,231,000 | 8% | $1.75 | $1.75 | 1x | $1.75 | 15.09% | |
Series A | 6,660,000 | 8% | $0.32 | $0.32 | 1x | $0.32 | 13.9% |
Numenta Comparisons
Industry
Financing
Details
Numenta Competitors (4)
One of Numenta’s 4 competitors is Voyager Labs, a Venture Capital-Backed company based in New York, NY.
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
Voyager Labs | Venture Capital-Backed | New York, NY | ||||
Kyyba Tech | Corporation | Farmington Hills, MI | ||||
Zenoss | Venture Capital-Backed | Austin, TX | ||||
Neural Magic | Venture Capital-Backed | Somerville, MA |
Numenta Patents
Numenta Recent Patent Activity
Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
---|---|---|---|---|---|
US-20230004788-A1 | Hardware architecture for processing tensors with activation sparsity | Pending | 04-Jul-2021 | ||
US-20230004352-A1 | Hardware architecture for processing tensors with complementary sparsity | Pending | 04-Jul-2021 | ||
US-20230004800-A1 | Complementary sparsity in processing tensors | Pending | 04-Jul-2021 | ||
US-20220237465-A1 | Performing inference and signal-to-noise ratio based pruning to train sparse neural network architectures | Pending | 26-Jan-2021 | ||
US-20220108157-A1 | Hardware architecture for introducing activation sparsity in neural network | Pending | 05-Oct-2020 | G06N3/063 |
Numenta Signals
Numenta Investors (2)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
---|---|---|---|---|
Edward Colligan | Angel (individual) | Minority | ||
Open Field Capital | Venture Capital | Minority |
Numenta Investments (1)
Numenta’s most recent deal was a Seed Round with Cortical.io for . The deal was made on 22-Nov-2013.
Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
---|---|---|---|---|---|
Cortical.io | 22-Nov-2013 | Seed Round | Business/Productivity Software |
Numenta FAQs
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When was Numenta founded?
Numenta was founded in 2005.
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Where is Numenta headquartered?
Numenta is headquartered in Redwood City, CA.
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What is the size of Numenta?
Numenta has 38 total employees.
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What industry is Numenta in?
Numenta’s primary industry is Business/Productivity Software.
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Is Numenta a private or public company?
Numenta is a Private company.
-
What is the current valuation of Numenta?
The current valuation of Numenta is
. -
What is Numenta’s current revenue?
The current revenue for Numenta is
. -
How much funding has Numenta raised over time?
Numenta has raised $45.4M.
-
Who are Numenta’s investors?
Edward Colligan and Open Field Capital have invested in Numenta.
-
Who are Numenta’s competitors?
Voyager Labs, Kyyba Tech, Zenoss, and Neural Magic are competitors of Numenta.
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