Numenta Overview

  • Year Founded
  • 2005

Year Founded

  • Status
  • Private

  • Employees
  • 38

Employees

  • Latest Deal Type
  • Series E

  • Latest Deal Amount
  • $14.8M

  • Investors
  • 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.com
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 889 Winslow Street
  • 4th Floor
  • Redwood City, CA 94063
  • United States
+1 (650)
Primary Industry
Business/Productivity Software
Other Industries
Other Commercial Services
Media and Information Services (B2B)
Vertical(s)
SaaS, Artificial Intelligence & Machine Learning
Corporate Office
  • 889 Winslow Street
  • 4th Floor
  • Redwood City, CA 94063
  • United States
+1 (650)

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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
To view Numenta’s complete valuation and funding history, request access »

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%
To view Numenta’s complete cap table history, request access »

Numenta Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of a neuroscience-based artificial intelligence (AI) platform designed to dramatically accelerate AI software.
Business/Productivity Software
Redwood City, CA
38 As of 2024

New York, NY
 

Farmington Hills, MI
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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
To view Numenta’s complete competitors history, request access »

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
To view Numenta’s complete patent history, request access »

Numenta Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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Numenta Investors (2)

Investor Name Investor Type Holding Investor Since Participating Rounds
Edward Colligan Angel (individual) Minority
Open Field Capital Venture Capital Minority
To view Numenta’s complete investors history, request access »

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
To view Numenta’s complete investments history, request access »

Numenta FAQs

  • When was Numenta founded?

    Numenta was founded in 2005.

  • Where is Numenta headquartered?

    Numenta is headquartered in Redwood City, CA.

  • What is the size of Numenta?

    Numenta has 38 total employees.

  • What industry is Numenta in?

    Numenta’s primary industry is Business/Productivity Software.

  • 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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