Valuation
$1.8M
2023 Revenue
$596.5K
Funding
$12M
Team
14
Founded
2016
How Brainbase CEO Nate Cavanaugh grew Brainbase to $596.5K revenue with a 14 person team in 2023.
Developer of an IP licensing platform intended to help companies to manage all licensing functions in one place. The company's platform consolidates many important licensing metrics, provides a simple interface for managing licensing agreements and serves as a hub for licensing reporting, enabling licensors and licensees to manage and automate the trademark licensing process.
Last updated
Brainbase Revenue
In 2023, Brainbase's revenue reached $596.5K. The company previously reported $2.4M in 2021. Since its launch in 2016, Brainbase has shown consistent revenue growth.
| Year | Milestone |
|---|---|
| 2023 | Brainbase Hit $596.5k revenue in December 2023 |
| 2021 | Brainbase Hit $2.4m revenue in April 2021 |
| 2016 | Launched with $0 revenue |
Brainbase Valuation, Funding Rounds
Brainbase's most recent disclosed valuation is $1.8M.
Brainbase has raised $12M in total funding across 3 rounds, with its most recent round in 2020.
| Year | Round | Amount | Valuation | % Sold |
|---|---|---|---|---|
| 2020 | Funding round | $8M | - | - |
| 2019 | Funding round | $3M | - | - |
| 2019 | Funding round | $1M | - | - |
Brainbase Employees & Team Size
Brainbase employs approximately 14 people as of 2026, down from 17 in 2022.
Brainbase has 14 total employees in different roles and functions and 1 sales reps that carry a quota.
| Year | Milestone |
|---|---|
| 2023 | Reached 14 employees (December 2023) |
| 2022 | Reached 17 employees (December 2022) |
| 2021 | Reached 67 employees (December 2021) |
| 2021 | Reached 32 employees (April 2021) |
Founder / CEO
Nate Cavanaugh
Intellectual property management is a tedious task for businesses big and small, and one that Brainbase offers to solve with an end-to-end platform. At the age of 19, cofounder and CEO Nate Cavanaugh started the company from his college dorm room at Indiana University Bloomington before dropping out. Since it launched in 2017, the Los Angeles-based company has raised $12 million.
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
We do not have customer count information for Brainbase yet.
Frequently Asked Questions about Brainbase
What is Brainbase's revenue?
Brainbase generates $596.5K in revenue.
Who founded Brainbase?
Brainbase was founded by Nate Cavanaugh.
Who is the CEO of Brainbase?
The CEO of Brainbase is Nate Cavanaugh.
How much funding does Brainbase have?
Brainbase raised $12M.
How many employees does Brainbase have?
Brainbase has 14 employees.
Where is Brainbase headquarters?
Brainbase is headquartered in Santa Monica, California, United States.
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We merged the IoT & AI SYSTEM ENABLER and DESIGN HOUSE view, creating a unique positioning to enable private and public clients ’cross industries to deploy IoT, AI & 5G solutions in a reliable way, “Out of the Box”. Regrouping multiple expertise – IoT, Cloud technologies, Mass data, AI, ML, Security, NG telco networks incl. 5G & xPON, automatization - our offer is unique! From idea generation, over fast prototypes, POCs’, followed by large implementations using X-BRAiN as a Connectivity, Mass-data and AI Accelerator incl. NEF-SCEF 5G integration. X-CITE is official Google Cloud partner. Our aim is to build a library of +200 AI & 5G use cases covering the most essential verticals, allowing our multi-disciplinary teams together with customers to rapidly formulate ideas or use-cases and implement them in X-BRAiN with low TTM. X-BRAiN uses ML and AI algorithms to address IoT and its associated problems, all available in a subscription model. Our Foundational Technology Platform is blockchain enabled. Learn more on www.x-brain.io Our offer includes a growing Edge hardware portfolio integr. with X-BRAiN and available in subscription model. It includes a world first advanced 5G Google Coral Module which can be mounted straight on devices including Drones; modular 4G LTE Cat. M1/Cat. NB2/EGPRS & GNSS high-speed Tracker and environmental Sensor, NB1/NB2 and M1 cellular LPWAN vehicle and health tracker. We are accelerating our move to a Digital Business Platform model and open-up X-BRAiN to developers that can make more of the data, assets, and services available – Become part of our “Firestarters” developer community. We design and build your future IoT, AI, 5G and circular economy strategy and products. X-CITE is headquartered in Luxembourg, with offices in Munich and Belgrade and strong links to UK.
Source Attribution
Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.
Company data last updated .
