HI, LLC

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HI, LLC - overview

Established

2016

Location

Culver City, CA, US

Primary Industry

Biotechnology

About

HI, LLC develops advanced brain measurement technologies, specializing in non-invasive solutions that enhance clinical and research capabilities. Their primary focus is on providing innovative tools for neuromedicine and cognitive health. Founded in 2016 in Culver City, US, HI, LLC focuses on creating non-invasive brain measurement solutions. The company has undergone strategic enhancements to its product lineup without any known pivots.


They raised USD 53. 00 mn in Series C funding on July 9, 2020, led by General Catalyst Partners, with participation from Eldridge Industries, Khosla Ventures, Manta Ray Ventures, and Tiny Blue Dot, Inc. The total amount raised by the company is USD 53. 00 mn.


The founder's background information is currently not available. Kernel specializes in advanced non-invasive brain measurement technologies, with its flagship product being the Kernel Flow headset. This premium multimodal device integrates high-resolution hemodynamic and EEG signatures to deliver a detailed assessment of cortical brain activity. The core functionality of Kernel Flow is to provide clinicians and researchers with reliable brain-based biomarkers that can enhance treatment development, optimize clinical trials, and improve patient outcomes.


The system is designed for ease of use, with a setup time of under three minutes, making it suitable for a range of healthcare settings, from research institutions to clinical environments. Kernel's products are utilized by neuroscientists, clinicians, and other healthcare professionals primarily in North America and Europe, aiming to transform neuromedicine through innovative data-driven solutions. Kernel's revenue model is structured around the sale of its Kernel Flow headsets and associated software, which are typically deployed in research and clinical contexts. Clients, including healthcare providers and research institutions, engage in transactions that involve direct purchases of the hardware, complemented by software licenses for data analysis and interpretation.


The offering may involve subscription models for ongoing access to the software and support services, facilitating continuous data analysis and insights for users. The focus on partnerships with healthcare organizations and academic institutions underscores the collaborative approach Kernel employs to drive adoption of its technologies. The products are positioned as premium solutions in the market, reflecting their unique capabilities and the sophisticated technology underpinning their design. In July 2020, HI, LLC raised USD 53.


00 mn in Series C funding, which will be utilized to further develop their product line and expand into new markets. Specific plans include the launch of upcoming features of the Kernel Flow headset aimed at enhancing clinical utility and research application. The company intends to target expansion into Europe and Asia by 2023, fostering new partnerships with healthcare providers and academic institutions to drive adoption of their technologies.


Current Investors

General Catalyst Partners, Khosla Ventures, Eldridge Industries

Primary Industry

Biotechnology

Sub Industries

Bioinformatics, Medical Devices & Equipment, Medical Software

Website

www.kernel.co

Company Stage

Series C

Total Amount Raised

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