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OpenBCI - About the company

OpenBCI is a seed company based in Brooklyn (United States), founded in 2013 by Joel Murphy. It operates as a Provider of an open-source brain-computer interface. OpenBCI has raised $2.06M in funding from investors like NaHCO3, BITKRAFT Ventures and re.Mind Capital. The company has 216 active competitors, including 26 funded and 10 that have exited. Its top competitors include companies like Arduino, Raspberry Pi and Raspberry Pi.

Company Details

Provider of an open-source brain-computer interface. It is fully accessible and powered by an open-source community of hardware and software builders, making it easy for creators of any skill level and ideal for researchers. OpenBCI headsets, boards, sensors, and electrodes allow anyone interested in biosensing and neurofeedback to purchase high-quality equipment at affordable prices.
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Key Metrics
Founded Year
2013
Location
Brooklyn, United States
Stage
Seed
Total Funding
$2.06M in 4 rounds
Latest Funding Round
Investors
Ranked
Employee Count
25 as on Aug 31, 2026
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OpenBCI's funding and investors

OpenBCI has raised a total funding of $2.06M over 4 rounds. Its first funding round was on Sep 29, 2021. OpenBCI has 4 institutional investors.

Here is the list of recent funding rounds of OpenBCI:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Apr 08, 2024
3110293
Seed
1257537
5175234
6210444
6634842
Feb 28, 2023
3099165
Seed
9366881
7310594
5991348
8935600
Dec 30, 2021
3730726
Seed
8956643
9258186
1088866
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OpenBCI's founders and board of directors

Founder? Claim Profile
The founders of OpenBCI is Joel Murphy.
Here are the details of OpenBCI's key team members:

OpenBCI's employee count trend

OpenBCI has 25 employees as of Aug 26. Here is OpenBCI's employee count trend over the years:
Employee count trend for OpenBCI
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OpenBCI's Competitors and alternates

Top competitors of OpenBCI include Arduino, Raspberry Pi and Raspberry Pi. Here is the list of Top 10 competitors of OpenBCI, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Arduino
Arduino
2005, Malmo (Sweden), Acquired
Provider of an open-source electronics prototyping platform
$54M
64/100
2nd
Logo for Raspberry Pi
Raspberry Pi
2008, Cambridge (United Kingdom), Series C
Provider of single board computers for educational purposes
$45M
64/100
3rd
Logo for Raspberry Pi
Raspberry Pi
2012, Cambridge (United Kingdom), Public
Developer and manufacturer of computing hardware and software solutions for businesses and individuals
$45M
64/100
4th
Logo for Emotiv
Emotiv
2011, San Francisco (United States), Seed
Manufacturer of wireless EEG headsets and software solutions
$7.41M
58/100
5th
Logo for Bo Rui Kang Technology
Bo Rui Kang Technology
2011, Changzhou (China), Series C
Provider of wireless EEG systems
$23.8M
55/100
6th
Logo for IAR Systems
IAR Systems
1983, Uppsala (Sweden), Public
Developer of embedded development software and tools for various industries
-
-
50/100
7th
Logo for Vivoka
Vivoka
2015, Metz (France), Seed
Provider of speech recognition software for various sectors
$3.45M
50/100
8th
Logo for OpenBCI
OpenBCI
2013, Brooklyn (United States), Seed
Provider of an open-source brain-computer interface
$2.06M
44/100
9th
Logo for M5Stack
M5Stack
2015, Guangdong (China), Seed
Open source, modular toolkit for IoT development
-
44/100
10th
Logo for Edgehax
Edgehax
2025, Bengaluru (India), Seed
Manufacturer of industrial grade hardware for edge artificial intelligence applications
$163K
41/100
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OpenBCI's Investments and acquisitions

OpenBCI has made no investments or acquisitions yet.

Reports related to OpenBCI

Here is the latest report on OpenBCI's sector:

News related to OpenBCI

Media has covered OpenBCI for 1 event in last 1 year, It was about partnerships.
•
LulzBot and OpenBCI Announce Partnership3DPrint.com•Aug 21, 2026•OpenBCI, LulzBot
•
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