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Firefly Neuroscience
Electro-physiology based functional brain mapping, imaging and monitoring technology
About Firefly Neuroscience
Firefly Neuroscience is a health technology startup that uses advanced artificial intelligence and signal processing to assess brain function. The company's primary offering is its Brain Network Analytics (BNA™) technology, which provides an objective assessment of cognition. This technology records brain function and compares it to an FDA-cleared, age-matched database. This comparison allows clinicians and patients to make informed decisions about therapy and disease management, and track changes over time.
Firefly Neuroscience's services are primarily targeted at clinicians, hospitals, and researchers dealing with mental illnesses and cognitive disorders. The company's technology helps these professionals understand disease progression, increase patient compliance, and assess treatment efficacy. It also aids in quicker and more conclusive diagnostic work-ups.
The company operates in the health technology market, specifically in the field of neuroscience. Its business model revolves around leveraging advances in computing to deconstruct and analyze electroencephalograms (EEGs), a test that detects electrical activity in the brain. By making these clinically useful, Firefly Neuroscience provides a valuable tool for front-line clinicians to objectively measure, monitor, and manage brain function.
In terms of revenue generation, while the company's website does not provide explicit details, it is likely that Firefly Neuroscience makes money by selling its BNA technology and related services to clinicians, hospitals, and researchers.
Source: Dealroom company dataAt a glance
- Status
- Listed
- Founded
- 2006
- Headquarters
- Buffalo, United States
- Listing
- IPO 2023
- Employees
- 23
- Open positions
- 1
- Dealroom signal
- 68.2/100
- Industry
- Health
- Sub-industry
- BioTechnology, Medical Devices
- Sector
- Biotech & Life Sciences, Psychology
- Technology
- Artificial Intelligence, Big Data, Deep Tech, Machine Learning, Deep Learning, Nanotech, Computer Vision
- Business model
- Manufacturing, SaaS
- Client focus
- b2b
- Investment activity
- 1 company, latest May 2025
- Capital deployed
- —
- Preferred round
- ACQUISITION
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| POST IPO EQUITYOther financing | Mar 2026 | $2.3M | — | Undisclosed | — |
| PRIVATE PLACEMENT VCOther financing | Feb 2025 | $8.8M | — | Undisclosed | ↗ |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
| Year | Revenue | Growth |
|---|---|---|
| 2026 | $1.1M | 0% |
| 2025 | $1.1M | +957.4% |
| 2024 | $108K | -78.4% |
| 2023 | $500K | -95.5% |
| 2022 | $11M | — |
Growth signals
Latest recorded traffic for Firefly Neuroscience is 2.9K monthly website visits, down 52.5% over the last three months. Firefly Neuroscience's team grew 4.5% over the past year.
Open positions
Similar companies
Company identity and context are open; selected comparison metrics preview what is available on the platform.
Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Evoke NeuroscienceNew York City, United StatesEvoke Neuroscience was research scientists, clinicians, medical doctors, and business professionals dedicated to developing & delivering
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Information AnalysisFairfax, United StatesInformation Analysis Incorporated - IT Professional Services | Legacy System Modernization | eBusiness Solutions |
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed2 investors entered at this stage
Eureka
European Innovation Council
Series A1 investor entered at this stage
Series B and later6 investors entered at this stage
- PMPalisade Capital Management
The Kraft Group- HAHealthcrest AG
- WCWexford Capital
- WHWR Hambrecht
Shanda Group
Other known investors7 additional known investors
Information Analysis
Technion Israel Institute of Technology
Connectivity Ventures Fund
European Commission
MetaPlanet
Preminger Jonathan- WVWise Ventures
Source: Dealroom Talent Intelligence.
Global footprint
Market sentiment
An AI-synthesised read of the highest-engagement posts about Firefly Neuroscience on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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