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Paradromics
AddedFeb 15, 2024
UpdatedJun 18, 2026
Paradromics

Paradromics

Founded in 2015, Paradromics Inc specializes in commercial physical and biological research, focusing on brain-computer interface development.

HQ
Austin, TX, US
Founded
2015
Overview
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Fundraising
Employees
Website

Founded in 2015, Paradromics Inc specializes in commercial physical and biological research, focusing on brain-computer interface (BCI) development. Their core mission is to restore or enhance neurological functions using advanced computing and AI. Paradromics aims to provide technology solutions for people with neurological and brain-related conditions, with their first clinical application designed to help severely motor-impaired individuals communicate, thus enabling social connection and restoring independence.

Paradromics has attracted notable investors and experts in the fields of neuroscience and technology. The company has achieved significant milestones in BCI technology, demonstrating high data-rate interfaces that could revolutionize how neurological conditions are treated. Their work has the potential to make a profound impact on the lives of individuals with severe motor impairments, offering new avenues for communication and independence.

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Paradromics - Quick Facts

Who are Paradromics' competitors?

Companies similar to Paradromics include Neuralink, Precision Neuroscience, Sonera and Metabrain.

When was Paradromics founded?

Paradromics was founded in 2015.

Where is Paradromics' headquarters located?

Paradromics' headquarters is located in Austin, TX, US.

When was Paradromics' last funding round?

Paradromics' most recent funding round was for $50.1M (USD) in May 2023.

How much has Paradromics raised to-date?

As of May 18, 2023, Paradromics has raised a total of $108.4M (USD).

How many employees does Paradromics have?

Paradromics has 62 employees as of Feb 5, 2024.

Paradromics - Classification

Industry
  • Hardware
Ownership
  • Venture Capital
Technology
  • AI
  • Machine Learning
Geographic Exposure
  • Global
Revenue
  • Software
Main Product
  • Brain Computer Interfaces
Tags
  • Biotech
  • Healthtech
NAICS
  • 540000Professional, Scientific, and Technical Services
  • 541714Research and Development in Biotechnology (except Nanobiotechnology)
  • 541000Professional, Scientific, and Technical Services
  • 541700Scientific Research and Development Services
  • 541710Research and Development in the Physical, Engineering, and Life Sciences
SIC
  • 8700Engineering, Accounting, Research, Management, And Related Services
  • 8730Research, Development, And Testing Services
  • 8731Commercial Physical and Biological Research
Show 5 more industry codes
NAICS
  • 620000Health Care and Social Assistance
  • 623000Nursing and Residential Care Facilities
SIC
  • 8000Health Services
  • 8040Offices And Clinics Of Other Health Practitioners
  • 8049Offices And Clinics Of Health Practitioners, Not Elsewhere Classified