Brainspace - About the company
Brainspace is a series C company based in Dallas (United States), founded in 2000 by Dave Copps. It operates as an AI-powered eDiscovery and investigations platform for legal and compliance professionals. Brainspace has raised $16M in funding from Medina Capital and In-Q-Tel. The company has 472 active competitors, including 69 funded and 53 that have exited. Its top competitors include companies like Everlaw, ThoughtSpot and Chronosphere.
Company Details
AI-powered eDiscovery and investigations platform for legal and compliance professionals. It offers a suite of innovative solutions designed to empower legal professionals with AI throughout, handling challenging matters efficiently. The platform provides advanced analytics to accelerate decision-making, streamline legal holds, and reduce costs within a secure environment. It caters to various use cases, including AI analytics, eDiscovery, litigation, investigations, and data management. The platform offers features like concept search, supervised learning, and interactive data visualizations. It serves corporations, law firms, government entities, and educational institutions, providing tailored solutions across a wide range of industries. The company is committed to responsible AI use and offers resources like training, support, and documentation. It is a SaaS platform that offers subscription based services.
- Website
- brainspace.com/login
- Registered Address
- Dallas (United States)
Key Metrics
Founded Year
2000
Location
Dallas, United States
Stage
Series C
Total Funding
$16M in 4 rounds
Latest Funding Round
Investors
Ranked
33rd among 472 active competitors
Employee Count
55 as on Dec 31, 2022
Legal entities associated with Brainspace
Brainspace is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
BRAINSPACE CORPORATION CIN: 743108917 , United States, Active | Dec 31, 1999 | - | 55 (As on Dec 31, 2022) | - |
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Brainspace's funding and investors
Brainspace has raised a total funding of $16M over 4 rounds. Its first funding round was on Dec 2004. Its latest funding round was a Series C round on Oct 11, 2016 for $*****. 1 investor participated in its latest round. Brainspace has 5 institutional investors.
Here is the list of recent funding rounds of Brainspace:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Oct 11, 2016 | 1777544 | Series C | 2116224 | 7345388 | 3289778 | 6903439 |
Jul 21, 2015 | 3822706 | Series C | 6655009 | 7771552 | 2306938 | 2657501 |
Sep 13, 2013 | 1736754 | Series C | 3880182 | 7197152 | 9334314 |
View details of Brainspace's funding rounds and investors
Brainspace's founders and board of directors
Founder? Claim ProfileThe founders of Brainspace is Dave Copps.
Here are the details of Brainspace's key team members:
- Dave Copps: Founder & CEO of Brainspace and founder of 1 other company. Contact Info: 1 email address
View details of Brainspace's Founder profiles and Board Members
Brainspace's employee count trend
Brainspace has 55 employees as of Dec 22. The total employee count is 4.0% lower than what it was in Dec 21. Here is Brainspace's employee count trend over the years:
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Brainspace's Competitors and alternates
Top competitors of Brainspace include Everlaw, ThoughtSpot and Chronosphere. Here is the list of Top 10 competitors of Brainspace, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Everlaw 2010, Berkeley (United States), Series D | Cloud based eDiscovery and litigation software | $517M | 70/100 | |
2nd | ThoughtSpot 2012, San Jose (United States), Series F | Provider of an agentic analytics platform delivering insights from various data | $674M | 70/100 | |
3rd | Chronosphere 2019, Issaquah (United States), Acquired | Provider of a cloud native data observability platform for enterprises | $369M | 68/100 | |
4th | Disco 2012, Houston (United States), Public | Provider of AI-powered software and services for legal discovery processes | $195M | 67/100 | |
5th | Logikcull 2004, San Francisco (United States), Acquired | Provider of eDiscovery and legal hold software for legal teams | $42.5M | 65/100 | |
6th | Exterro 2004, Portland (United States), Series E | Platform that offers data risk management solutions | $100M | 64/100 | |
7th | ZL 2007, Milpitas (United States), Unfunded | Provider of unstructured data management, information governance, and analytics solutions | - | - | 61/100 |
8th | Vue.ai 2016, Redwood City (United States), Acquired | Provider of an enterprise platform for artificial intelligence orchestration and automation | $27.5M | 58/100 | |
9th | Onna 2015, San Francisco (United States), Acquired | SaaS based eDiscovery | $54M | 57/100 | |
10th | Select Star 2020, San Francisco (United States), Acquired | Provider of the data discovery software solution | $20M | 56/100 | |
33rd | Brainspace 2000, Dallas (United States), Series C | AI-powered eDiscovery and investigations platform for legal and compliance professionals | $16M | 45/100 |
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Brainspace's Investments and acquisitions
Brainspace has made no investments or acquisitions yet.
News related to Brainspace
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Driven Becomes Member of Brainspace's Global Partner ProgramAiThority•Jul 29, 2020•Driven, Brainspace
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ONE Discovery Partners with Brainspace to Develop a Platform Connector | Business WireBusiness Wire•Oct 10, 2017•ONE Discovery, Brainspace
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