When was Elemind founded?

Elemind was founded in 2018 and raised its 1st funding round 6 years after it was founded.

Where is Elemind located?

Elemind is headquartered in Cambridge, United States.

Who is the current CEO of Elemind?

Meredith Perry of Elemind. They have also founded 1 company.

How many employees does Elemind have?

As of Aug 31, 2026, the latest employee count at Elemind is 12.

Is Elemind a funded company?

Elemind is a funded company, having raised a total of $***** in its 1st and only funding round, a Seed round on Feb 06, 2024.

When was the latest funding round of Elemind?

Elemind's latest funding was a $***** Seed round on Feb 06, 2024, with participation from 1 investor. Its primary sector is Fitness & Wellness Tech. In United States, the Fitness & Wellness Tech sector has seen $1.13B in funding in 2026 to date.

Where does Elemind rank among its competitors?

Elemind ranks 33rd amongst 335 active competitors, of which 79 are funded. It stands 9th in terms of total funding among its competitors. The most recent competitor to raise funding was Wesper, which secured $17.9M in Aug, 2026.

Who are the top competitors of Elemind?

Elemind's top competitors include Jawbone, Sleep Number and Muse. Among them, Wesper secured the most recent funding round in August, 2026.

Elemind - 2026 Company Profile, Team, Funding & Competitors

Elemind is a seed company based in Cambridge (United States), founded in 2018 by Heather Read and Meredith Perry. It operates as a Provider of wearable device for sleep improvement through novel neuromodulation techniques. Elemind has raised $12M in funding. The company has 335 active competitors, including 79 funded and 17 that have exited. Its top competitors include companies like Jawbone, Sleep Number and Muse.

Company Details

Provider of wearable device for sleep improvement through novel neuromodulation techniques. The company offers Elemind headband, uses EEG brain signals to read and instantly improve sleep efficiency for users.

Website: elemindtech.com
Social

Key Metrics

Founded Year

2018

Location

Cambridge, United States

Stage

Seed

Total Funding

$12M in 1 round

Latest Funding Round

Seed, Feb 06, 2024, $*****

Investors

LDV Partners & 12 more

Ranked

33^rd among 335 active competitors

Employee Count

12 as on Aug 31, 2026

Similar Companies

Jawbone & 417 more

View Elemind's full profile

Elemind is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
ELEMIND TECHNOLOGIES, INC. CIN: 823758958 , United States, Active	Dec 31, 1999	-	10 (As on Dec 31, 2024)	-

Elemind has raised a total funding of $12M over 1 round. Its latest funding round was a Seed round on Feb 06, 2024 for $*****. 1 investor participated in its latest round. Elemind has 13 institutional investors.

Here is the list of recent funding rounds of Elemind:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Feb 06, 2024	1595773	Seed	8553462	7031618	5716859	7220526

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View details of Elemind's funding rounds and investors

The founders of Elemind are Heather Read and Meredith Perry. Meredith Perry is the CEO of Elemind.

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

Heather Read: Co-Founder & Chief Scientific Officer of Elemind and founder of 1 other company.
Contact Info: 1 email address
Meredith Perry: Co-Founder & CEO of Elemind and founder of 1 other company.
Contact Info: 1 email address

View details of Elemind's Founder profiles and Board Members

Elemind's employee count trend

Elemind has 12 employees as of Aug 26. Here is Elemind's employee count trend over the years:

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Top competitors of Elemind include Jawbone, Sleep Number and Muse. Here is the list of Top 10 competitors of Elemind, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Jawbone 1997, San Francisco (United States), Series F	Provider of wearable devices for activity and sleep tracking	$877M	Kleiner Perkins, Andreessen Horowitz & 35 others	67/100
2nd	Sleep Number 1987, Minneapolis (United States), Acquired	Provider of smart beds and sleep technology for personalized comfort and wellness	-	Norwest	64/100
3rd	Muse 2007, Toronto (Canada), Series C	Provider of brainwave tracking devices and related premium subscription services	$57.4M	OMERS, Export Development Canada & 22 others	63/100
4th	Nyxoah 2009, Mont Saint Guibert (Belgium), Public	Provider of a neurostimulation device for obstructive sleep apnea treatments	$88.7M	Cochlear, Gilde Healthcare & 8 others	62/100
5th	Wesper 2017, New York City (United States), Series B	Developer of wearable medical devices for at home sleep diagnostics	$49.6M	Spark Capital, Breyer Capital & 4 others	61/100
6th	Sleepme 2007, Mooresville (United States), Series C	Provider of sleep management systems	$37M	KKR, Wild Ventures & 1 others	61/100
7th	Onera 2018, Palo Alto (United States), Series C	Developer of a wearable sleep monitoring system	$60.2M	EQT, Innovation Industries & 10 others	58/100
8th	XTrodes 2019, Herzliya (Israel), Seed	Wearables to monitor mental wellness	$5.5M	Welltech Ventures, Chartered High Tech & 5 others	57/100
9th	Dreem 2014, Paris (France), Acquired	Provider of wearable sleep tracking device	$60M	Johnson & Johnson Innovation – JJDC, Maif ... & 5 others	56/100
10th	NextSense 2020, Mountain View (United States), Series A	Developer of wireless earbuds that monitor brain activity and enhance sleep	$35.3M	Ascension Ventures, Satori Capital & 6 others	55/100
33rd	Elemind 2018, Cambridge (United States), Seed	Provider of wearable device for sleep improvement through novel neuromodulation techniques	$12M	LDV Partners, Village Global & 11 others	43/100