When was CTRL founded?

CTRL was founded in 2017 and raised its 1st funding round 1 year after it was founded.

Where is CTRL located?

CTRL is headquartered in New York City, United States.

Who is the current CEO of CTRL?

Thomas Reardon of CTRL. They are also an angel investors in 1 startup.

How many employees does CTRL have?

As of Aug 31, 2026, the latest employee count at CTRL is 8.

Is CTRL a funded company?

CTRL is a funded company, having raised a total of $56M across 2 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on May 29, 2018.

How much is CTRL worth?

The last known valuation of CTRL was $***** as of Feb 22, 2019.

When was the latest funding round of CTRL?

CTRL's latest funding was a $***** Series B round on Feb 22, 2019, with participation from 7 investors. Its primary sector is Brain Computer Interface. In United States, the Brain Computer Interface sector has seen $826M in funding in 2026 to date.

Where does CTRL rank among its competitors?

CTRL ranks 1st amongst 18 active competitors, of which 3 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Arctop, which secured $10M in Oct, 2023.

Who are the top competitors of CTRL?

CTRL's top competitors include Arctop, Nextmind and South China Brain Control Intelligent Technology. Among them, Arctop secured the most recent funding round in October, 2023.

CTRL - 2026 Company Profile, Team, Funding & Competitors

Q: Is CTRL an acquired company?

CTRL got acquired by Facebook on Sep 23, 2019.

CTRL is an acquired company based in New York City (United States), founded in 2017 by Thomas Reardon and Timothy Machado. It operates as a Provider of neural interface technology solutions. CTRL has raised $56M in funding from Google Ventures and Lux Capital, with last known valuation of $*****. The company has 18 active competitors, including 3 funded and 3 that have exited. Its top competitors include companies like Arctop, Nextmind and South China Brain Control Intelligent Technology.

Company Details

CTRL-labs is a provider of neural interface technology solutions. Its offering CTRL-kit comprises of a wearable wrist band and a receiver unit backed by the company provided SDK and API. The wrist band features IMU, EMG and multimodal biosensing for individual neuron signal decoding and, the software supports hand pose reconstruction, force & tension modeling ready for XR and 3D applications. By its offerings, developers can integrate neural control into applicable areas like AR/VR/MR, productivity, robotics, and clinical research applications. As of May 2019, it is in the development phase and users can sign up on the website for early access.

Website: ctrl-labs.com
Social
Email ID: *****@ctrl-labs.com

Key Metrics

Founded Year

2017

Location

New York City, United States

Stage

Acquired

Total Funding

$56M in 2 rounds

Latest Funding Round

Series B, Feb 22, 2019, $*****

Last Known Valuation

$***** as on Feb 22, 2019

Investors

Google Ventures & 10 more

Ranked

1^st among 18 active competitors

Employee Count

8 as on Aug 31, 2026

Similar Companies

Arctop & 19 more

Exit Details

Acquired by Facebook (Sep 23, 2019)

View CTRL's full profile

CTRL is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
CTRL-LABS CORPORATION CIN: - , Belgium, Active	Sep 21, 2015	-	-	-

CTRL got acquired by Facebook on Sep 23, 2019 at an acquisition amount of $*****.

Click here to take a look at CTRL's acquisition in detail

CTRL has raised a total funding of $56M over 2 rounds. Its first funding round was on May 29, 2018. Its latest funding round was a Series B round on Feb 22, 2019 for $*****. 7 investors participated in its latest round. CTRL has 11 institutional investors.

Here is the list of recent funding rounds of CTRL:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Feb 22, 2019	1951873	Series B	8868497	7096355	7737173	6924631
May 29, 2018	6943934	Series A	4438531	5474110	Lux Capital & 1 more	Vulcan Capital & 6 more

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View details of CTRL's funding rounds and investors

The founders of CTRL are Thomas Reardon and Timothy Machado.

Here are the details of CTRL's key team members:

Thomas Reardon: Co-Founder & CEO of CTRL. They are also an angel investor in 1 startup and serve on the board of 1 company.
Timothy Machado: Co-Founder of CTRL.

View details of CTRL's Founder profiles and Board Members

CTRL's employee count trend

CTRL has 8 employees as of Aug 26. Here is CTRL's employee count trend over the years:

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Top competitors of CTRL include Arctop, Nextmind and South China Brain Control Intelligent Technology. Here is the list of Top 10 competitors of CTRL, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	CTRL 2017, New York City (United States), Acquired	Provider of neural interface technology solutions	$56M	Spark Capital, Vulcan Capital & 9 others	56/100
2nd	Arctop 2016, Sacramento (United States), Series A	Provider of AI based software for the diagnosis of neurological disease	$10M	Supermoon Capital, Fifth Partners Growth Fund ... & 3 others	54/100
3rd	Nextmind 2017, Versailles (France), Acquired	Neurotechnology startup developing noninvasive brain computer interface technology	$4M	Nordic Makers, Sisu & 3 others	47/100
4th	South China Brain Control Intelligent Technology 2019, Guangzhou (China), Seed	Provider of AI-based brain-computer technology	-	Sanqi Mutual Entertainment	34/100
5th	BrainGate 2001, Boston (United States), Series A	Developing computer brain interface using a sensor to analyze brain signals.	$9.3M	NeuroVentures, Oxford Bioscience Partners ... & 1 others	30/100
6th	Mind Solutions 2004, San Diego (United States), Acquired	Provider of BCI system for man-machine interaction	$1.08M	-	29/100
7th	Puzzlebox 2004, San Francisco (United States), Deadpooled	Brain controlled helicopter	-	-	27/100
8th	Neuro-Tech 2017, Naples (United States), Unfunded	Stealth mode startup developing BCI interface	-	-	25/100
9th	Mindset AI 2026, Boston (United States), Unfunded	Developer of next-generation neural interface systems for seamless human-digital interaction	-	-	24/100
10th	Symbionics 2023, Beijing (China), Unfunded	Symbionics Co.	-	-	23/100