Beacon Biosignals

Beacon Biosignals

EEG neurobiomarker platform for trials

Overview

Beacon Biosignals develops an EEG-based neurobiomarker platform for precision medicine in neurology and psychiatry. Its core offering provides quantitative assessments of how treatments affect EEG and sleep data to speed up clinical trials and inform dose selection. By analyzing EEG signals alongside PK/PD relationships, the platform helps identify dosing that achieves the best balance of efficacy and safety, supporting the development of new therapies. The company differentiates itself through its proprietary EEG biomarkers and a focus on integrating brain activity data into trial design, enabling closer monitoring of treatment impact for biopharma, academic medical centers, and neurotechnology developers. Beacon Biosignals aims to advance personalized treatment for neurological and psychiatric diseases and improve the efficiency of clinical development in precision medicine.

About Beacon Biosignals

Simplify's Rating
Why Beacon Biosignals is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Data & Analytics

Enterprise Software

AI & Machine Learning

Healthcare

Company Size

51-200

Company Stage

Series B

Total Funding

$127.5M

Headquarters

Boston, Massachusetts

Founded

2019

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Simplify's Take

What believers are saying

  • April 2026 Series B extension raised cumulative funding above $132 million.
  • Harmony's 2025 Phase 3 hypersomnia studies use Beacon's EEG endpoints, expanding clinical footprint.
  • Beacon's 2026 Fast Company recognition and SLEEP conference visibility strengthen recruiting and BD.

What critics are saying

  • Takeda and Harmony dominate validation; losing either would weaken Beacon's commercialization story.
  • Waveband's clinical utility depends on payer adoption and trial demand, both unproven at scale.
  • If biomarker endpoints fail Phase 3 studies, Beacon becomes an expensive device-and-data vendor.

What makes Beacon Biosignals unique

  • FDA-cleared Waveband plus PCCP enables continuous sleep-algorithm updates without new 510(k).
  • Takeda expanded a 2025 collaboration, giving Beacon up to $109 million in milestones.
  • Beacon now unifies CleveMed and SleepView under one brand for at-home sleep diagnostics.

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Funding

Total Funding

$127.5M

Above

Industry Average

Funded Over

5 Rounds

Notable Investors:
Series B funding is typically for startups that have proven their business model and need more funding to expand rapidly—often by entering new markets or adding more products. Investors are usually venture capital firms that specialize in later-stage investments.
Series B Funding Comparison
Below Average

Industry standards

$35M
$30M
Patreon
$45M
Linktree
$65M
Substack
$100M
ClickUp

Benefits

Company Equity

Paid Vacation

Hybrid Work Options

Growth & Insights and Company News

Headcount

6 month growth

-9%

1 year growth

-11%

2 year growth

-8%
Longevity.Technology
Jun 22nd, 2026
Beacon Biosignals showcases advanced AI sleep tech and clinical data at SLEEP 2026.

Beacon Biosignals showcases advanced AI sleep tech and clinical data at SLEEP 2026. Beacon Biosignals participated in SLEEP 2026, engaging clinicians, researchers and sleep medicine leaders. The company highlighted multiple presentations focused on automated sleep staging algorithms, machine learning-based arousal detection and a large-scale EEG foundation model designed for multi-device sleep analytics. Beacon also presented validation data for its Waveband device in hypersomnia disorders, developed in collaboration with Takeda and featured in an oral presentation, according to the company. For investors, the activity suggests ongoing progress toward building clinically relevant evidence around Beacon's digital biomarker and EEG analytics platform that could support future commercialization or partnership opportunities in sleep medicine and neurology. The emphasis on expert-level algorithm performance and large-scale EEG models indicates an effort to differentiate through technical depth and scalability, potentially positioning the business to serve biopharma trials and clinical endpoints. The company also promoted meeting availability at the conference as part of its business development outreach.

Simcast
Apr 20th, 2026
Beacon Biosignals targets neurology trial partners with fda-cleared Waveband EEG at AAN 2026.

Beacon Biosignals targets neurology trial partners with fda-cleared Waveband EEG at AAN 2026. Last updated: April 20, 2026 Beacon Biosignals is participating in the 2026 American Academy of Neurology Annual Meeting in Chicago. The company is showcasing its Waveband device, a novel technology for electroencephalogram (EEG) signal acquisition and analysis. This event marks a significant opportunity for the company to present its advancements in brain signal technology to a key audience of neurologists and researchers. * Beacon Biosignals' Waveband device is designed for advanced EEG signal acquisition and analysis. The device aims to provide more accurate and efficient data collection for neurological studies. The company's presence at the American Academy of Neurology Annual Meeting signifies its commitment to developing and promoting innovative solutions in the field of neurology. This participation allows for direct engagement with medical professionals and potential collaborators. The meeting is a premier event for showcasing the latest research and technologies in neurology.

FinSMEs
Apr 6th, 2026
Beacon Biosignals raises $11M; brings Series B financing to over $97M.

Beacon Biosignals raises $11M; brings Series B financing to over $97M. April 6, 2026 Beacon Biosignals, a Boston, MA-based company leveraging brain data to advance human health, raised an $11m extension to its Series B financing, bringing the funding round to $97m the cumulative funding to over $132m. The upsized round included new investors JSL Health, Palo Santo VC, Kicker Ventures, and Samsung Next. This financing builds on Beacon's previously announced $86m Series B, led by a syndicate of leading healthcare and technology investors, including Innoviva, GV (Google Ventures), S32, Catalio Capital Management, General Catalyst, Logos Capital, Casdin Capital, Indicator Ventures and others. The company intends to use the funds to further accelerate its mission to transform brain health through scalable, at-home EEG and advanced analytics, powering the next generation of diagnostics, clinical trials, and precision medicine. Led by Jacob Donoghue, CEO, Beacon Biosignals combines FDA-cleared wearable EEG technology with advanced AI to capture and analyze real-world neural data, enabling breakthroughs across neurology, psychiatry, and sleep medicine. The platform provides clinicians and biopharma partners with objective measures of brain function that accelerate research, improve diagnostics, and guide new treatments. 06/06/2026

Yahoo Finance
Apr 6th, 2026
Beacon Biosignals upsizes Series B to $97M to advance at-home EEG brain health diagnostics

Beacon Biosignals has extended its Series B financing to $97 million, bringing total funding to over $132 million. The upsized round includes new investors JSL Health, Palo Santo VC, Kicker Ventures and Samsung Next. The Boston-based company combines FDA-cleared wearable EEG technology with AI to capture and analyse brain data for neurology, psychiatry and sleep medicine applications. The additional capital will accelerate Beacon's development of at-home EEG and advanced analytics for diagnostics, clinical trials and precision medicine. The original $86 million Series B was led by healthcare and technology investors including Innoviva, GV, S32, Catalio Capital Management, General Catalyst, Logos Capital, Casdin Capital and Indicator Ventures. The platform provides clinicians and biopharma partners with objective measures of brain function.

The Bee
Apr 6th, 2026
Beacon Biosignals upsizes Series B financing to over $97 million.

Beacon Biosignals upsizes Series B financing to over $97 million. GlobeNewswire | Beacon Biosignals Today at 3:30am PDT BOSTON, April 06, 2026 (GLOBE NEWSWIRE) - Beacon Biosignals today announced an extension to its Series B financing, bringing the funding round to $97 million and the company's cumulative funding to over $132 million. The upsized round includes new investors JSL Health, Palo Santo VC, Kicker Ventures, and Samsung Next. This financing builds on Beacon's previously announced $86 million Series B, led by a syndicate of leading healthcare and technology investors, including Innoviva, GV (Google Ventures), S32, Catalio Capital Management, General Catalyst, Logos Capital, Casdin Capital, Indicator Ventures and others. The new capital will further accelerate Beacon's mission to transform brain health through scalable, at-home EEG and advanced analytics, powering the next generation of diagnostics, clinical trials, and precision medicine. "This milestone reflects strong momentum behind our vision to make brain health measurable, scalable, and actionable," said Jacob Donoghue, CEO of Beacon Biosignals. "We're grateful for the support of our new and existing investors as we build the future of brain health." "Beacon is uniquely positioned to unlock the potential of brain data at scale," said Daniel Goldberg, Managing Director at Palo Santo. "Their combination of clinical-grade EEG and advanced analytics is enabling a new era of discovery and precision in neuroscience. As novel therapeutics like psychedelics reshape the treatment landscape for psychiatric disease, platforms like Beacon's will be critical for objectively measuring brain-based outcomes and accelerating development." About Beacon Biosignals Beacon Biosignals is unlocking the power of brain data to advance human health. The company combines FDA-cleared wearable EEG technology with advanced AI to capture and analyze real-world neural data, enabling breakthroughs across neurology, psychiatry, and sleep medicine. The Beacon Platform provides clinicians and biopharma partners with objective measures of brain function that accelerate research, improve diagnostics, and guide new treatments. Learn more at www.beacon.bio. Media Contact: Isabella Lazzareschi, Beacon Biosignals [email protected] This is a paid placement. For further inquiries, please contact GlobeNewswire directly.

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